Amy Rutledge - Allete Director Communications

ALEDelisted Stock  USD 67.90  0.07  0.10%   

Director

Amy Rutledge is Director Communications of Allete Inc
Phone218 279 5000
Webhttps://www.allete.com

Allete Management Efficiency

The company has Return on Asset of 0.0132 % which means that on every $100 spent on assets, it made $0.0132 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0258 %, implying that it generated $0.0258 on every 100 dollars invested. Allete's management efficiency ratios could be used to measure how well Allete manages its routine affairs as well as how well it operates its assets and liabilities.
Allete Inc has 1.81 B in debt with debt to equity (D/E) ratio of 0.6, which is OK given its current industry classification. Allete Inc has a current ratio of 0.91, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Nevertheless, prudent borrowing could serve as an effective mechanism for Allete to finance growth opportunities yielding strong returns.

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The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota. Allete operates under UtilitiesDiversified classification in the United States and is traded on New York Stock Exchange. It employs 1428 people. Allete Inc (ALE) is traded on New York Stock Exchange in USA and employs 1,597 people.

Management Performance

Allete Inc Leadership Team

Elected by the shareholders, the Allete's board of directors comprises two types of representatives: Allete inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Allete. The board's role is to monitor Allete's management team and ensure that shareholders' interests are well served. Allete's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Allete's outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert Adams, Chief Risk Officer and Sr. VP of Energy Centric Bus.es
Bethany Owen, Senior Vice President and Chief Legal and Administrative Officer
Barbara Nick, Independent Director
Josh Kunkel, President Equity
Amy Rutledge, Director Communications
Robert Powers, Independent Director
CFA CPA, VP Treasurer
Julie Padilla, Chief VP
Nicole Johnson, Chief Administrative Officer, Vice President
Douglas Neve, Independent Director
Alan Hodnik, Chairman, CEO and President and COO of Minnesota Power
Charlene Thomas, Independent Director
Vincent Meyer, Vice Relations
Susan Nestegard, Lead Independent Director
Steven Morris, Chief Accounting Officer, Vice President and Controller
Margaret Thickens, Vice President Chief Legal Officer, Corporate Secretary
Heidi JimmersonEddins, Lead Independent Director
Rob Sandstrom, Light Water
James Hoolihan, Independent Director
Colin CPA, Chief VP
Matthew Hankey, President Officer
Patrick Cutshall, Vice President, Corporate Treasurer
Kathryn Dindo, Independent Director
George Goldfarb, Independent Director
Jeffrey Scissons, Director Development
CPA CFA, VP Treasurer
Joshua Skelton, VP Power
Madeleine Ludlow, Independent Director
Frank Frederickson, Vice Power

Allete Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Allete a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Consideration for investing in Allete Stock

If you are still planning to invest in Allete Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Allete's history and understand the potential risks before investing.
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