Le Lézard
Classified in: Oil industry
Subject: PER

Farrow elected to WEC Energy Group board of directors



MILWAUKEE, Dec. 7, 2017 /PRNewswire/ -- William M. Farrow III, organizer, chief executive officer, president and director of Urban Partnership Bank in Chicago, has been appointed to the board of directors of WEC Energy Group (NYSE: WEC), effective Jan. 1, 2018. 

William M. Farrow III elected to WEC Energy Group Board of Directors

Paul W. Jones will retire from the board effective Dec. 31. Jones, 67, served as a director of Integrys Energy Group and joined the WEC Energy Group board of directors when the company acquired Integrys in 2015. 

"Paul's insight and experience were invaluable in helping us to meet and exceed our goals for cost savings and integration post the acquisition," said Gale E. Klappa, chairman and chief executive officer of WEC Energy Group. "I'd like to thank Paul for his service, and we wish him and his family good health and happiness in the years ahead."

Farrow, 62, received his bachelor's degree from Augustana College and a master of management degree from the Kellogg School of Northwestern University. Prior to being one of five organizers of Urban Partnership Bank in 2010, Farrow was an advisor or contract CEO to companies where the focus was information technology or finance. From 2001 to 2007 Farrow served as executive vice president and chief information officer of the Chicago Board of Trade. Farrow was senior vice president at Bank One Corp. from 1996 to 2001.

He currently serves as a member of the board of directors of the Federal Reserve Bank of Chicago, Cboe Global Markets Inc., Echo Global Logistics, CoBank ACB and NorthShore University Health Systems.

"Bill joins a strong board ? a board with a diversity of experience and background. He brings a unique blend of information technology and financial expertise along with the critical thinking skills that will help our company achieve its long-term objectives," Klappa said.

WEC Energy Group (NYSE: WEC), based in Milwaukee, is one of the nation's premier energy companies, serving 4.4 million customers in Wisconsin, Illinois, Michigan and Minnesota. The company's principal utilities are We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources and Upper Michigan Energy Resources. The company's other major subsidiary, We Power, designs, builds and owns electric generating plants.

WEC Energy Group (wecenergygroup.com), a component of the S&P 500, has approximately 55,000 stockholders of record, 8,500 employees and more than $30 billion of assets.

 

WEC Energy Group (PRNewsfoto/WEC Energy Group)

SOURCE WEC Energy Group


These press releases may also interest you

at 15:25
Rexel Energy Solutions will host a community blood drive with the American Red Cross on Thursday, September 6, 2018 from 10 AM to 3 PM at the Holiday Inn Taunton in Governor's III Ballroom located at 700 Myles Standish Blvd. Taunton, MA 02780. ...

at 15:15
The "Global Oil and Gas Pipeline and Transportation Automation Market 2018-2022" report has been added to ResearchAndMarkets.com's offering. The global oil and gas pipeline and transportation automation to grow at a CAGR of 7.23% during the period...

at 14:30
Energy Services of America (the "Company" or "Energy Services") , parent company of C.J. Hughes Construction Company ("C.J. Hughes") and Nitro Construction Services, Inc. ("Nitro"), announced the filing of the Company's quarterly report on Form 10-Q...

at 14:09
Southern California Gas Co. (SoCalGas) and Food Express, Inc. (FXI) today announced the addition of 11 new ultra-low emission natural gas trucks to the FXI fleet.  The company, with the assistance of SoCalGas, applied for and received $1.1 million in...

at 13:37
Royal Dutch Shell plc (the 'Company') announces that on August 14, 2018 it purchased the following number of "A" Shares for cancellation.  Aggregated information on "A" shares purchased according to trading venues:...

at 13:04
Goodnight Midstream, LLC announced today that members of its management team will attend and meet with certain participants at the following conferences: Citi One-on-One MLP / Midstream Conference in Las Vegas on August 15 - 16 EnerCom's The Oil &...




News published on 7 december 2017 at 16:34 and distributed by: