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Alliant Energy 8-K Report, Executive Changes (Jul 15, 2024)

Reports
Leadership Changes
Filing Date
Filed July 15, 2024
Period End
July 10, 2024
Security
LNT
In the record · 2016–202610-K1110-Q338-K136

LNT filed 11 annual reports (10-K), 33 quarterly reports (10-Q) and 136 current reports (8-K) between 2016 and 2026.

  1. Material agreement8-K · Dec ’18Dec ’18
  2. Leadership change8-K · Jan ’21Jan ’21
  3. Leadership change8-K · Jan ’23Jan ’23
  4. Material agreement8-K · Oct ’26Oct ’26

01—Abstract

Summary

Summary of the 8-K filed July 15, 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 Current Report under Item 5.02 (Departure of Directors or Certain Officers; Compensatory Arrangements).

On July 10, 2024, John O. Larsen, Executive Chairman and Chairman of the Board of the three companies, informed the Board that he plans to retire from his executive position effective on or before January 1, 2025. Upon his executive retirement, the Board confirmed Mr. Larsen as non-employee Chairman of the Board of the Companies.

He will receive compensation as a non-employee director under the practices described in Alliant Energy's Definitive Proxy Statement filed April 2, 2024, plus an additional supplemental annual cash retainer of $200,000a for his role as Board Chairman. For investors, the filing signals a planned transition from executive leadership to a non-employee chairmanship, with the executive retirement timing set as on or before January 1, 2025. The filing does not name a successor executive.

02—Key points

Key Highlights

  1. John O. Larsen informed the Board on July 10, 2024 that he plans to retire from his executive position at the Companies effective on or before January 1, 2025.
  2. The Board confirmed Mr. Larsen as non-employee Chairman of the Board of Alliant Energy Corporation, Interstate Power and Light Company and Wisconsin Power and Light Company, effective upon his executive retirement.
  3. As non-employee Chairman, Mr. Larsen will receive non-employee director compensation under practices described in the Definitive Proxy Statement filed April 2, 2024.
  4. Mr. Larsen will receive an additional supplemental annual cash retainer of $200,000 for his role as Board Chairman.
  5. The filing covers Alliant Energy Corporation, Interstate Power and Light Company and Wisconsin Power and Light Company jointly.
  6. The filing does not identify a successor executive position holder.

03—Questions

Frequently Asked Questions

  1. Who is leaving their executive role, and when?

    John O. Larsen, Executive Chairman and Chairman of the Board, plans to retire from his executive position at the Companies effective on or before January 1, 2025, as he informed the Board on July 10, 2024.

  2. What role will Mr. Larsen hold after his executive retirement?

    The Board confirmed him as non-employee Chairman of the Board of the Companies, effective upon his executive retirement.

  3. How will Mr. Larsen be compensated as non-employee Chairman?

    He will receive compensation as a non-employee director under the practices described in Alliant Energy's Definitive Proxy Statement filed April 2, 2024, plus an additional supplemental annual cash retainer of $200,000 for his Board Chairman role.

  4. Does the filing name a replacement for Mr. Larsen's executive position?

    No. The filing does not identify a successor for his executive position.

04—Continue

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