8-KLeadership ChangesRegulation FDExhibits & Filings

AMEREN CORP 8-K Report, Executive Changes (Dec 14, 2020)

Filed December 14, 2020For Securities:AEE

Summary

Ameren Corporation (AEE) announced a strategic addition to its Board of Directors with the election of Mr. Leo S. Mackay, Jr., effective December 14, 2020. Mr. Mackay's appointment brings extensive experience from senior leadership roles at Lockheed Martin, including his most recent position as senior vice president, ethics and enterprise assurance and chief sustainability officer, as well as prior roles in operations and government service. His expertise in areas such as ethics, enterprise assurance, and sustainability is a valuable asset that is expected to enhance the Board's oversight capabilities. Mr. Mackay has also been appointed to the Audit and Risk Committee and the Nuclear, Operations and Environmental Sustainability Committee, underscoring his anticipated contributions to critical areas of the company's governance and operations. Investors should view this as a move to strengthen the Board's diversity of skills and experience, particularly in areas increasingly important to long-term corporate value and risk management.

Key Highlights

  • 1Ameren Corporation elected Leo S. Mackay, Jr. to its Board of Directors, effective December 14, 2020.
  • 2Mr. Mackay's term as a director will expire at the 2021 Annual Meeting of Shareholders.
  • 3He has been appointed to serve on the Audit and Risk Committee and the Nuclear, Operations and Environmental Sustainability Committee.
  • 4Mr. Mackay brings significant experience from senior leadership positions at Lockheed Martin, including roles in ethics, enterprise assurance, and chief sustainability officer.
  • 5Prior to Lockheed Martin, he held leadership positions at ACS State Healthcare, LLC, the U.S. Department of Veterans Affairs, and Bell Helicopter Textron, Inc.
  • 6There are no disclosed business relationships or arrangements between Mr. Mackay and Ameren that require reporting under standard SEC regulations (Item 404(a)).
  • 7The appointment was announced via a press release issued on December 14, 2020.

Frequently Asked Questions

Mr. Mackay's appointment is significant as it brings a diverse set of executive experiences, particularly in areas like ethics, enterprise assurance, and sustainability from his tenure at Lockheed Martin. His appointment to key committees like Audit and Risk, and Nuclear, Operations and Environmental Sustainability, suggests a focus on strengthening oversight in critical operational and governance areas.

Based on the filing, there are no reported business relationships or arrangements between Mr. Mackay and Ameren or its subsidiaries that are required to be disclosed under Item 404(a) of Regulation S-K. This suggests no immediate conflicts of interest.

Mr. Mackay will receive compensation for his service as a director and committee member according to the standard arrangements described in Exhibit 10.6 to Ameren’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019.

Mr. Mackay brings extensive experience in senior leadership, ethics, enterprise assurance, and sustainability from his extensive career in the aerospace and defense industry. He also has a background in operations and governmental leadership roles.