Alliant Energy Corporation Appoints N. Joy Falotico to Boards of Directors

Strategic Insights -

Alliant Energy Corporation, along with its subsidiaries, Interstate Power and Light Company and Wisconsin Power and Light Company, have appointed N. Joy Falotico to their boards of directors, effective July 14, 2021. This strategic move aims to leverage Falotico's extensive experience in business leadership, corporate governance, and strategic planning to drive the companies' growth and success. As a seasoned executive, Falotico brings over 31 years of diverse experience to the table, having held various roles at Ford Motor Company, including President of Lincoln Motor Company and Executive Vice President of Ford Motor Credit Company.

Key Takeaways:

  • Alliant Energy Corporation, Interstate Power and Light Company, and Wisconsin Power and Light Company have collectively appointed N. Joy Falotico to their boards of directors, effective July 14, 2021.
  • Falotico, 53, joins the boards with over 31 years of diverse experience in business leadership, corporate governance, strategic planning, and more.
  • She was named President of Lincoln Motor Company in March 2018 and has held various leadership positions at Ford Motor Company since 2012.
  • Falotico will serve on the Audit Committee and the Operations Committee of each board and receive compensation as a non-employee director in accordance with the non-employee director compensation practices.
  • The companies aim to leverage Falotico's expertise to drive growth, expansion, and operational efficiency.
  • Falotico will stand for election at the Alliant Energy 2022 Annual Meeting of Shareowners as a nominee for director to serve until the company's 2025 Annual Meeting of Shareowners.

Statistics:

  • Over 31 years of experience in business leadership, corporate governance, and strategic planning, accumulated by N. Joy Falotico.
  • 2012 - Falotico was named Executive Vice President of Ford Motor Credit Company.
  • 2016 - Falotico was named Chief Operating Officer and later served as CEO and Chair of Ford Motor Credit Company.
  • 2018 - Falotico became President of Lincoln Motor Company.
  • April 1, 2021 - Alliant Energy's Definitive Proxy Statement was filed with the Securities and Exchange Commission, detailing non-employee director compensation practices.
  • July 14, 2021 - Falotico was appointed to the boards of directors of Alliant Energy Corporation, Interstate Power and Light Company, and Wisconsin Power and Light Company.

Sources:

  • UNITED STATES SECURITIES AND EXCHANGE COMMISSION - Washington, D.C. 20549
  • ALLIANT ENERGY CORPORATION - a Wisconsin Corporation
  • Interstate Power and Light Company - an Iowa corporation
  • WISCONSIN POWER & LIGHT COMPANY - a Wisconsin corporation
  • Ford Motor Company - Lincoln Motor Company
  • Securities and Exchange Commission - Form 8-K (Current Report) - JUL 15, 2021