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 19:55
Top Oil and Gas Companies Planned Projects and Capital Expenditure Outlook in Europe - Equinor Leads Capital Spending Across Oil and Gas Value ChainDownload the full report: https://www.reportbuyer.com/product/5615166 SummaryEquinor ASA, Gaz-System...

at 19:25
North America Oil & Gas Pipeline Leak and Theft Detection Market By Application, By Method of Leak Detection, By Source of Revenue, By Technology, By Equipment, By Country, Competition Forecast & Opportunities, 2013-2023Download the full report:...

at 18:29
Kirby Corporation ("Kirby") today announced the signing of an agreement to acquire substantially all of CGBM 100, LLC's ("CGBM") inland marine tank barge fleet for an undisclosed amount. Under the terms of the agreement, Kirby will acquire 27 of...

at 18:27
BRASKEM S.A. , the leading resin producer in the Americas, announces today its 3Q18 results. HIGHLIGHTS: Consolidated: EBITDA in 3Q18 was US$909 million, up 4% from 2Q18 due to sales recovery in Brazil following the end of the truck drivers' strike...

at 17:14
Pampa Energía S.A. , the largest independent energy integrated company in Argentina, with active participation in the country's electricity and gas value chain, announces the results for the nine-month period and quarter ended on September 30, 2018....

at 17:00
Spark Power Group Inc. , parent company to Spark Power Corp. ("Spark Power" or the "Company"), a leading provider of integrated power solutions to industrial, commercial and institutional customers across North America, today announced that it will...

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