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Evergy CEO to assume role of chairman as Ruelle retires From Investing.com


©Reuters.

KANSAS CITY, Mo. – Evergy, Inc. (NASDAQ:), a utility company serving customers in Kansas and Missouri, announced leadership changes with the impending retirement of current President Mark Ruelle. David Campbell, president and CEO of Evergy, will assume the role of president following the company’s annual meeting scheduled for May 7, 2024.

Ruelle, who has been associated with Evergy and its predecessor companies for more than three decades, will not seek re-election. Since 2018 he has held the position of non-executive chairman, following the merger of Westar Energy , Inc. and Great Plains Energy, which led to the formation of Evergy. His tenure at Westar Energy began in August 2011, where he served as a board member, president and CEO.

Campbell, who has led Evergy as president and CEO since January 2021, will add chairman responsibilities to his role following the annual meeting, subject to shareholder approval. Ruelle expressed confidence in Campbell’s leadership, saying Evergy is in great hands with him at the helm.

The board of directors also announced that Thomas D. Hyde, the current lead independent director, will retire in May after 12 years of service. B. Anthony Isaac of Wichita, a longtime board member, was chosen to succeed Hyde as lead independent director.

These upcoming changes to the board of directors are part of the slate that will be presented to shareholders for approval at the annual meeting. The leadership change comes as Evergy continues to focus on providing reliable, affordable and sustainable energy. Half of the company’s energy currently comes from carbon-free sources, in line with its mission to create a better future.

Evergy’s forward-looking statements in the press release detail strategic plans, potential legislative and regulatory outcomes, and environmental objectives. However, they also highlighted risks and uncertainties that could affect future operations and financial performance.

The information in this article is based on a press release from Evergy, Inc.

This article was generated with the support of AI and reviewed by an editor. For further information please see our T&Cs.

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