Summary
Ameren Corporation's Form 8-K filing on October 14, 2011, primarily announces a change in its Board of Directors. Catherine S. Brune was elected to fill a vacancy on the Board, with her term set to expire at the 2012 Annual Meeting of Shareholders. Ms. Brune brings significant experience from her leadership roles at Allstate Insurance Company, including her current position as President of the Allstate Protection Eastern Territory and previous role as Senior Vice President and Chief Information Officer. Furthermore, Ms. Brune has been appointed to two key committees of the Board: the Audit and Risk Committee and the Nuclear Oversight and Environmental Committee, effective December 8, 2011. Her director compensation will be in line with previously established company policies. The company has also confirmed no reportable business relationships exist between Ameren and Allstate, mitigating potential conflicts of interest.
Key Highlights
- 1Election of Catherine S. Brune to Ameren's Board of Directors.
- 2Ms. Brune's term as director will expire at the 2012 Annual Meeting of Shareholders.
- 3Ms. Brune brings extensive experience from her executive roles at Allstate Insurance Company.
- 4Ms. Brune appointed to the Audit and Risk Committee, effective December 8, 2011.
- 5Ms. Brune appointed to the Nuclear Oversight and Environmental Committee, effective December 8, 2011.
- 6Director compensation for Ms. Brune will follow established company arrangements.
- 7Confirmation of no material business relationships between Ameren and Allstate.