ST. LOUIS (AP) — The longtime chief executive officer for Ameren Corp. will become executive chairman, and another veteran of the utility will become CEO, the company announced Monday.
Marty Lyons will replace Warner Baxter as president and CEO starting Jan. 1, the St. Louis-based company said. Lyons joined Ameren in 2001 as vice president and controller. He served as chief financial officer for a decade and is currently president of Ameren Missouri.
Under the new arrangement, Baxter will remain an employee of Ameren, and Lyons will report to him, the company said in a news release. Baxter has been with Ameren since 1995 and has been president and CEO since 2014.
The company said that working with Lyons, Baxter will oversee energy policy issues, the company's transition to a cleaner energy future, and other key strategic matters.
Before you consider Ameren, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ameren wasn't on the list.
While Ameren currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
