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WELCOME TO WISCONSIN UTILITY INVESTORS

NEW MEMBERS ELECTED TO WEC ENERGY GROUP BOARD OF DIRECTORS

6 Nov 2024 2:19 PM | Michelle Lancaster (Administrator)

Warner Baxter, the retired Executive Chairman and Chief Executive Officer of Ameren Corp., and John Lange, the retired global head of the Energy and Industrials Groups for Barclays PLC, have been appointed to the board of directors of WEC Energy Group. Their appointments are effective January 1, 2025.

"We're very pleased that Warner and John have agreed to join our board," said Gale Klappa, chairman. "With their extensive experience in the energy sector, they will add significant depth and expertise to a highly engaged and effective board of directors."

Warner Baxter

Baxter spent more than 28 years at Ameren Corp., a Fortune 500 energy company that serves millions of electric and natural gas customers in Illinois and Missouri. He retired last year as executive chairman. He also served as chairman, president and CEO from 2014 to 2021, and previously served as Ameren's president of Ameren Missouri, executive vice president and chief financial officer, and vice president and controller.

Baxter serves on the boards of directors of U.S. Bancorp, Quanta Services, Inc. and several non-profit organizations. He is past Chair of the Edison Electric Institute (EEI) and currently serves on the Edison Foundation Board. He also served as Chair of the Board and on the Executive Committee of the Electric Power Research Institute (EPRI). He earned a Bachelor of Science degree in accounting from the University of Missouri–St. Louis (UMSL). In 2024, Baxter also received an honorary doctorate in business administration from UMSL.

John Lange

Lange retired earlier this year as global head of the Energy and Industrials Groups for Barclays PLC after more than 28 years in investment banking. During his tenure at Barclays, Lange also served on the Investment Banking Management Committee. Before his role at Barclays, Lange led the Global Power M&A Group at Lehman Brothers.

During his career, Lange worked on numerous strategic advisory, M&A, equity, debt and project financing assignments for domestic and international clients across the utility, natural resources and industrial sectors.

Lange received his Bachelor of Arts degree from Bucknell University and his MBA from the Fuqua School of Business at Duke University. Lange served on the EPRI Advisory Council and was co-chair of the Wall Street Advisory Group for EEI.


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