Spire Inc. (NYSE: SR) has announced the retirement of Steve Rasche, who served as the executive vice president and chief financial officer. Effective January 1, 2025, Adam Woodard, the current vice president and treasurer, will succeed Rasche. Rasche had joined Spire in 2009 and became CFO in 2013, leading the company through significant growth to become one of the largest publicly traded natural gas companies in the country. Woodard, who has been with Spire since 2018, will now oversee the company’s financial planning and analysis, investor relations, supply chain, accounting, and treasury.
Additionally, Tim Krick, vice president and controller, will take on the role of chief accounting officer for Spire. Krick has almost 11 years of experience with Spire’s finance team and another decade in accounting leadership roles at St. Louis-based Sigma-Aldrich.
The company serves 1.7 million homes and businesses, making it one of the largest publicly traded natural gas companies in the country. Spire's natural gas-related businesses include Spire Marketing and Spire Midstream, and it serves Alabama, Mississippi, and Missouri.
Woodard, who previously served as an investment banker at Wells Fargo Securities, holds a juris doctor from Saint Louis University and a bachelor’s degree from the University of Kansas. He is a member of the Missouri Bar and is actively involved in the community, serving on the Boards of the Gateway Arch Park Foundation and the Spire Foundation. Today the company's shares have moved 1.5% to a price of $68.01. Check out the company's full 8-K submission here.
