Evergy CEO to assume chairman role as Ruelle retires
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KANSAS CITY, Mo. – Evergy, Inc. (NASDAQ:EVRG), a utility company serving customers in Kansas and Missouri, announced leadership changes with the upcoming retirement of current chairman Mark Ruelle. David Campbell, Evergy’s president and CEO, is set to take over as chairman following the company’s annual meeting scheduled for May 7, 2024.
Ruelle, who has been associated with Evergy and its predecessor companies for over three decades, will not stand for reelection. He has held the position of non-executive chairman since 2018, following the merger of Westar Energy , Inc. and Great Plains Energy, which resulted in 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 the responsibilities of chairman to his role post the annual meeting, subject to shareholder approval. Ruelle expressed confidence in Campbell’s leadership, stating that 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 from Wichita, a longstanding board member, has been chosen to succeed Hyde as the lead independent director.
These upcoming changes to the board of directors are part of the slate that will be presented for shareholder approval at the annual meeting. The shift in leadership comes as Evergy continues to focus on providing reliable, affordable, and sustainable energy. Half of the company’s power currently comes from carbon-free sources, aligning with its mission to empower a better future.
Evergy’s forward-looking statements in the press release detailed strategic plans, potential legislative and regulatory outcomes, and environmental goals. 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 statement from Evergy, Inc.
