8-KOther Events

AMEREN CORP 8-K Report (Oct 10, 2003)

Filed October 10, 2003For Securities:AEE

Summary

Ameren Corporation announced significant changes in its executive leadership and board of directors effective October 10, 2003, with further transitions planned for January 1, 2004. This report primarily details the planned retirement of current Chairman and CEO Charles W. Mueller on December 31, 2003, and his succession by Gary L. Rainwater. Mr. Rainwater, currently President and COO, will assume the Chairman, CEO, and President roles. Additionally, Warner L. Baxter has been promoted to Executive Vice President and CFO, and Steven R. Sullivan has been elevated to Senior Vice President, General Counsel, and Secretary. The report also includes the election of Susan S. Elliott to the board of directors, bringing external expertise from the IT sector. Several senior executives are retiring, leading to internal promotions and board appointments across Ameren Corporation and its subsidiaries, including Union Electric Company (AmerenUE), Central Illinois Public Service Company (AmerenCIPS), CILCORP Inc., Central Illinois Light Company (AmerenCILCO), and various Ameren Energy entities. These leadership adjustments signal a planned succession and a strengthening of the financial and legal functions within the organization.

Key Highlights

  • 1Charles W. Mueller, current Chairman and CEO, will retire on December 31, 2003.
  • 2Gary L. Rainwater, currently President and COO, will succeed Mr. Mueller as Chairman, CEO, and President effective January 1, 2004.
  • 3Warner L. Baxter has been appointed Executive Vice President and Chief Financial Officer, effective October 10, 2003.
  • 4Steven R. Sullivan has been appointed Senior Vice President, General Counsel, and Secretary, effective October 10, 2003.
  • 5Susan S. Elliott has been elected to the Ameren Corporation board of directors, filling a vacancy.
  • 6Several senior executives are retiring across various Ameren subsidiaries, leading to internal promotions and board seat realignments.

Frequently Asked Questions

Gary L. Rainwater, currently President and Chief Operating Officer, will succeed Charles W. Mueller as Chairman and Chief Executive Officer upon Mr. Mueller's retirement on December 31, 2003. Mr. Rainwater will also assume the role of President.

Warner L. Baxter, previously Senior Vice President (principal financial officer), has been appointed Executive Vice President and Chief Financial Officer, effective October 10, 2003. He also retains his directorship on several subsidiary boards.

Yes, Susan S. Elliott, Chairman and CEO of Systems Service Enterprises, Inc., was elected to fill a vacancy on the Ameren Corporation board of directors, effective October 10, 2003.

Most of the announced changes, including promotions and new director appointments, are effective October 10, 2003. The major leadership transition, with Gary L. Rainwater succeeding Charles W. Mueller, will take place on January 1, 2004, following Mr. Mueller's retirement on December 31, 2003.