Ameren Corporation (NYSE: AEE) has recently announced the election of Steven O. Vondran to its board of directors, effective January 1, 2025. Vondran, the President and Chief Executive Officer of American Tower Corporation, brings extensive senior leadership and legal experience to the board. His expertise in real estate and data center infrastructure is expected to support Ameren's efforts in bolstering economic growth opportunities in Missouri and Illinois.
Ameren Corporation, a St. Louis-based company, powers the quality of life for 2.4 million electric customers and over 900,000 natural gas customers in a 64,000-square-mile area through its Ameren Missouri and Ameren Illinois rate-regulated utility subsidiaries. Ameren Illinois provides electric transmission and distribution service as well as natural gas distribution service. Meanwhile, Ameren Missouri offers electric generation, transmission, and distribution services, alongside natural gas distribution service. Ameren Transmission Company of Illinois is involved in developing, owning, and operating rate-regulated regional electric transmission projects in the Midcontinent Independent System Operator, Inc.
In terms of financial performance, Ameren Corporation reported that its total electric customers stand at 2.4 million, while its natural gas customers exceed 900,000. The company serves these customers across a 64,000-square-mile area. With the addition of Steven O. Vondran to its board of directors, Ameren aims to enhance its strategic direction and decision-making processes to benefit its customers, communities, and shareholders. As a result of these announcements, the company's shares have moved -0.5% on the market, and are now trading at a price of $88.25. For more information, read the company's full 8-K submission here.
