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Alliant Energy logoAlliant Energy LNT

Alliant Energy said John O. Larsen, its Executive Chairman and Chairman of the Board, told the board on July 10, 2024 that he plans to retire from his executive role by January 1, 2025 or earlier.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Alliant Energy said John O. Larsen, its Executive Chairman and Chairman of the Board, told the board on July 10, 2024 that he plans to retire from his executive role by January 1, 2025 or earlier.

  2. The company said the board confirmed Larsen as non-employee Chairman of the Board of Alliant Energy, IPL and WPL, effective upon his executive retirement.

  3. Larsen will receive compensation as a non-employee Chairman under the non-employee director compensation practices described in the Definitive Proxy Statement filed with the SEC on April 2, 2024, the company said.

  4. The company also said Larsen will receive an additional supplemental annual cash retainer of $200,000 for his role as Board Chairman, on top of his non-employee director compensation.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Larsen Plans Retirement Notice

Alliant Energy said John O. Larsen, its Executive Chairman and Chairman of the Board, told the board on July 10, 2024 that he plans to retire from his executive role by January 1, 2025 or earlier.

Source · Based on the filing body and exhibits

Board Confirms Non-Employee Chairman After Retirement

The company said the board confirmed Larsen as non-employee Chairman of the Board of Alliant Energy, IPL and WPL, effective upon his executive retirement.

Source · Based on the filing body and exhibits

Non-Employee Director Pay Terms Apply

Larsen will receive compensation as a non-employee Chairman under the non-employee director compensation practices described in the Definitive Proxy Statement filed with the SEC on April 2, 2024, the company said.

Source · Based on the filing body and exhibits

Supplemental Cash Retainer for Board Chair $200,000

The company also said Larsen will receive an additional supplemental annual cash retainer of $200,000 for his role as Board Chairman, on top of his non-employee director compensation.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.