Ameren Corporation (NYSE: AEE) has recently announced the election of Timothy S. Rausch to its board of directors, effective March 1. Rausch brings with him extensive experience in the field of nuclear generation, having served as the executive vice president and chief nuclear officer of Tennessee Valley Authority (TVA) and in similar leadership roles at Talen Energy Corporation and PPL Corporation.
Martin J. Lyons, the chairman, president, and chief executive officer of Ameren, expressed confidence in Rausch's appointment, highlighting his track record of leading high-performing nuclear generation operations at major electric utilities in the United States.
Rausch, who holds a master of business administration from Cleveland State University and a bachelor of science in nuclear engineering from the University of Cincinnati, is expected to contribute significantly to Ameren's diverse generation resource strategy.
Ameren Corporation, based in St. Louis, serves approximately 2.5 million electric customers and over 900,000 natural gas customers across a 64,000-square-mile area through its subsidiaries, Ameren Missouri and Ameren Illinois. Ameren Illinois provides electric transmission and distribution service as well as natural gas distribution service, while Ameren Missouri offers electric generation, transmission, and distribution service, along with natural gas distribution service. Additionally, Ameren Transmission Company of Illinois develops, owns, and operates rate-regulated regional electric transmission projects in the Midcontinent Independent System Operator, Inc. Today the company's shares have moved 0.74% to a price of $104.00. For the full picture, make sure to review AMEREN CORP's 8-K report.
