01—Abstract
Summary
Summary of the 8-K filed February 13, 2024. Cited figures are marked; the original filing is the authoritative source.
Alliant Energy Corporation, Interstate Power and Light Company, and Wisconsin Power and Light Company filed this Form 8-K on February 13, 2024 to report executive leadership changes under Item 5.02.
The filing discloses no financial results, operating metrics, or transactions. Terry L. Kouba, President of Interstate Power and Light Company (IPL) and Senior Vice President of Alliant Energy Corporation, informed the Board on February 8, 2024 that he plans to retire effective May 1, 2024.
On February 9, 2024, the Board of IPL, a wholly-owned subsidiary of Alliant Energy, appointed Mayuri N. Farlinger as IPL's President effective May 1, 2024. She will continue to serve as Vice President of Alliant Energy and Wisconsin Power and Light Company.
Ms. Farlinger, 41, has been a Vice President of the Company since January 2022 and previously held roles including Director of Operations, Director of Revenue Management, and Manager of the Customer Support Center, Billing Integrity, along with positions across Finance, Audit, Regulatory, Account Management, Field Engineering, Customer Renewables, and Operations. The filing contains no compensation terms for either executive.
02—Key points
Key Highlights
- Terry L. Kouba, President of IPL and Senior Vice President of Alliant Energy, plans to retire effective May 1, 2024; he notified the Board on February 8, 2024.
- The IPL Board appointed Mayuri N. Farlinger as President of IPL effective May 1, 2024, on February 9, 2024.
- Ms. Farlinger, 41, has served as Vice President of the Company since January 2022 and will keep her Vice President role at Alliant Energy and WPL.
- Her prior roles include Director of Operations (January 2020 to December 2021) and Director of Revenue Management (February 2019 to January 2020), with earlier positions across Finance, Audit, Regulatory, and Field Engineering.
- The filing reports no financial results, guidance, or compensation arrangements for either executive.
- The leadership transition is at the IPL subsidiary level and does not change the filing registrants' overall executive structure as described in the filing.
03—Questions
Frequently Asked Questions
Who is leaving and when?
Terry L. Kouba, President of Interstate Power and Light Company and Senior Vice President of Alliant Energy, plans to retire effective May 1, 2024. He informed the Board on February 8, 2024.
Who is replacing him?
The IPL Board appointed Mayuri N. Farlinger as President of IPL effective May 1, 2024. She will also continue as Vice President of Alliant Energy and Wisconsin Power and Light Company.
What is Ms. Farlinger's background?
Ms. Farlinger, 41, has been Vice President of the Company since January 2022. She previously served as Director of Operations (January 2020 to December 2021), Director of Revenue Management (February 2019 to January 2020), and Manager of the Customer Support Center, Billing Integrity (May 2018 to February 2019), and held positions across the Company in Finance, Audit, Regulatory, Account Management, Field Engineering, Customer Renewables, and Operations.
Does this filing disclose compensation changes for the new IPL President?
No. The filing does not describe any compensation arrangements for Ms. Farlinger or Mr. Kouba.
04—Continue