On Monday, Spire Inc. (NYSE:SR), a natural gas distribution company, announced that its President and CEO, Steven L. Lindsey, has commenced a leave of absence due to health reasons, effective January 3, 2025. The duration of Lindsey's leave is currently indeterminate.
During Lindsey's absence, Spire's Executive Vice President and Chief Operating Officer, Scott E. Doyle, will take over Lindsey's responsibilities. The company has stated that it does not expect any negative impact on its operations during this period. There will be no change to Doyle's compensation for assuming these additional duties.
Steven L. Lindsey also holds the CEO position for Spire's subsidiaries, Spire Alabama Inc. and Spire Missouri Inc. The announcement comes as part of a current report filing with the Securities and Exchange Commission (SEC).
The news above is based on an SEC filing.
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