Spire Inc. announces chief financial officer retirement, successor
Spire Inc. (NYSE: SR) announced leadership changes in its financial team. Steve Rasche will step down as executive vice president and CFO on January 1, 2025, serving as senior adviser until his retirement on April 1, 2025. Adam Woodard, current vice president and treasurer, will succeed as CFO. Since joining in 2009 and becoming CFO in 2013, Rasche helped transform Spire into one of the largest publicly traded natural gas companies. Woodard, who has served as VP and treasurer since 2018, will oversee accounting, treasury, investor relations, financial planning, and supply chain functions. Additionally, Tim Krick, vice president and controller, will become chief accounting officer.
Spire Inc. (NYSE: SR) ha annunciato cambiamenti nella leadership del suo team finanziario. Steve Rasche si dimetterà da vicepresidente esecutivo e CFO il 1 gennaio 2025, continuando a ricoprire il ruolo di consulente senior fino al suo ritiro il 1 aprile 2025. Adam Woodard, attuale vicepresidente e tesoriere, lo succederà come CFO. Da quando è entrato a far parte dell'azienda nel 2009 e ha assunto il ruolo di CFO nel 2013, Rasche ha contribuito a trasformare Spire in una delle più grandi aziende di gas naturale quotate in borsa. Woodard, che ricopre il ruolo di VP e tesoriere dal 2018, supervisionerà contabilità, tesoreria, relazioni con gli investitori, pianificazione finanziaria e funzioni della catena di approvvigionamento. Inoltre, Tim Krick, vicepresidente e controllore, diventerà Chief Accounting Officer.
Spire Inc. (NYSE: SR) anunció cambios en el liderazgo de su equipo financiero. Steve Rasche dejará su cargo como vicepresidente ejecutivo y CFO el 1 de enero de 2025, desempeñándose como asesor senior hasta su jubilación el 1 de abril de 2025. Adam Woodard, actual vicepresidente y tesorero, lo sucederá como CFO. Desde su incorporación en 2009 y su asunción como CFO en 2013, Rasche ayudó a transformar a Spire en una de las mayores empresas de gas natural que cotizan en bolsa. Woodard, quien ha sido VP y tesorero desde 2018, supervisará las funciones de contabilidad, tesorería, relaciones con inversores, planificación financiera y cadena de suministro. Además, Tim Krick, vicepresidente y controlador, se convertirá en Chief Accounting Officer.
스파이어 주식회사 (NYSE: SR)는 재무 팀의 리더십 변경을 발표했습니다. 스티브 라시는 2025년 1월 1일자로 부사장 겸 CFO로서의 직책을 내려놓고, 2025년 4월 1일까지 선임 고문으로 활동하게 됩니다. 아담 우다드는 현재 부사장 겸 회계 책임자가 있으며, CFO로서 그의 후임이 됩니다. 2009년 입사 후 2013년에 CFO로 임명된 라시는 스파이어를 가장 큰 상장 천연가스 회사 중 하나로 변모시키는 데 기여했습니다. 우다드는 2018년부터 VP와 회계 책임자로 활동하면서 회계, 재무, 투자자 관계, 재무 계획 및 공급망 기능을 감독할 것입니다. 또한 팀 크릭, 부사장 겸 회계 담당자는 최고 회계 책임자로 승진할 것입니다.
Spire Inc. (NYSE: SR) a annoncé des changements de direction dans son équipe financière. Steve Rasche démissionnera de son poste de vice-président exécutif et de CFO le 1er janvier 2025, servant comme conseiller senior jusqu'à sa retraite le 1er avril 2025. Adam Woodard, actuel vice-président et trésorier, le remplacera en tant que CFO. Depuis son arrivée en 2009 et sa nomination en tant que CFO en 2013, Rasche a contribué à transformer Spire en l'une des plus grandes entreprises de gaz naturel cotées en bourse. Woodard, qui occupe le poste de VP et trésorier depuis 2018, supervisera les fonctions de comptabilité, de trésorerie, de relations avec les investisseurs, de planification financière et de chaîne d'approvisionnement. De plus, Tim Krick, vice-président et contrôleur, deviendra Chief Accounting Officer.
Spire Inc. (NYSE: SR) hat Führungswechsel in seinem Finanzteam angekündigt. Steve Rasche wird zum 1. Januar 2025 als Executive Vice President und CFO zurücktreten und bis zu seiner Pensionierung am 1. April 2025 als Senior Advisor tätig sein. Adam Woodard, derzeit Vizepräsident und Schatzmeister, wird als CFO nachfolgen. Seit seinem Eintritt im Jahr 2009 und der Ernennung zum CFO im Jahr 2013 hat Rasche geholfen, Spire in eines der größten börsennotierten Erdgasunternehmen zu verwandeln. Woodard, der seit 2018 als VP und Schatzmeister tätig ist, wird die Bereiche Buchhaltung, Schatzwesen, Investorenbeziehungen, Finanzplanung und Lieferkettenfunktionen leiten. Darüber hinaus wird Tim Krick, Vizepräsident und Controller, Chief Accounting Officer werden.
- Strong succession planning with internal candidates demonstrating organizational stability
- Experienced leadership team with Woodard bringing 21 years of energy sector investment banking experience
- Company growth achievement becoming one of the largest publicly traded natural gas companies
- None.
Insights
This CFO transition appears well-planned and orderly, with internal succession indicating strong leadership development at Spire. Adam Woodard brings valuable experience from both his treasury role and utility CFO position, plus extensive investment banking background in energy. The retention of Steve Rasche as advisor through April 2025 should ensure a smooth handover.
Under Rasche's tenure since 2013, Spire has grown significantly in the natural gas utility sector. The promotion of Tim Krick to Chief Accounting Officer further strengthens the financial leadership team. While executive transitions can create uncertainty, this appears to be a thoughtfully orchestrated succession that maintains continuity in financial strategy and operations.
After joining Spire in 2009 and becoming CFO in 2013, Rasche helped drive significant growth, leading Spire to become one of the largest publicly traded natural gas companies in the country.
"On behalf of the Board of Directors and all of Spire, I want to thank Steve for his many contributions to Spire. He has built an incredibly solid team and under his leadership, he has guided Spire through a remarkable growth trajectory," said Steve Lindsey, Spire president and chief executive officer. "Having a seasoned leader like Adam in place to succeed Steve positions Spire well for continued success."
As CFO, Woodard will have oversight of the company's accounting and treasury, investor relations, financial planning and analysis, and supply chain functions. Woodard will also continue to oversee strategy and corporate development.
Woodard steps into the role after serving since 2018 as vice president and treasurer. In 2019, he took on added responsibility as chief financial officer of Spire's utility businesses.
Prior to joining Spire, Woodard worked for 21 years at A.G. Edwards & Sons, which later became Wells Fargo Securities. As an investment banker, he worked with companies across the energy sector.
In addition, Tim Krick, vice president and controller, will become chief accounting officer for Spire. Krick brings extensive experience to the role, with almost 11 years as part of Spire's finance team and another decade in accounting leadership roles at
About Spire
At Spire Inc. (NYSE: SR) we believe energy exists to help make people's lives better. It's a simple idea, but one that's at the heart of our company. Every day we serve 1.7 million homes and businesses making us one of the largest publicly traded natural gas companies in the country. We help families and business owners fuel their daily lives through our gas utilities serving
Investor Contact:
Megan McPhail
314-309-6563
Megan.McPhail@SpireEnergy.com
Media Contact:
Jason Merrill
314-342-3300
Jason.Merrill@SpireEnergy.com
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SOURCE Spire Inc.
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