SR 8-K
Spire Inc (SR)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On April 24, 2025, the Board of Directors (the “Board”) of Spire Inc. (the “Company”) appointed Scott Doyle, currently the Chief Operating Officer of the Company and Chief Executive Officer of Spire Missouri Inc. and Spire Alabama Inc., as President and Chief Executive Officer (“CEO”) of the Company effective April 24, 2025 (the “Transition Effective Date”). Mr. Doyle will replace Steve Lindsey, whose employment as President and CEO of the Company was terminated without “Cause” (as defined under the Company’s Executive Severance Plan) and who resigned as a member of the Board, in each case, effective as of the Transition Effective Date.
On April 24, 2025, the Board also appointed Mr. Doyle as a director to serve until the 2027 Annual Meeting of Shareholders and until his successor is elected and qualified, effective as of the Transition Effective Date. Mr. Doyle, 53, has served as the Company’s Chief Operating Officer since January 2024. Prior to joining the Company, Mr. Doyle served as Executive Vice President of Utility Operations at CenterPoint Energy in Houston, Texas, leading electric and natural gas businesses serving seven million customers across multiple states. Prior to this role, he was CenterPoint's Executive Vice President of Natural Gas from April 2019 to January 2022, and he held numerous executive leadership positions of increasing responsibility at CenterPoint in natural gas operations and regulatory and public affairs.
There are no arrangements or understandings between Mr. Doyle and any other persons pursuant to which he was selected as a director, except the expectation that Mr. Doyle will enter into an employment agreement as described below, and there are no family relationships between Mr. Doyle and any director or executive officer of the Company. Mr. Doyle has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. Mr. Doyle will not serve on any committees of the Board or receive any directors’ fees.
The Company expects to enter into a separation agreement with Mr. Lindsey and an employment agreement with Mr. Doyle at a later date and will disclose the compensatory terms of such agreements by an amendment to this Form 8-K.
Item 8.01 Other Events
On April 25, 2025, the Company issued a press release announcing the transition of the Company’s CEO. The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
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104 |
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, each of the registrants has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Spire Inc.
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Date: |
April 25, 2025 |
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/s/ Courtney M. Vomund |
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Courtney M. Vomund Senior Vice President, Chief Administrative Officer & Corporate Secretary |
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Spire Missouri Inc.
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April 25, 2025 |
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By: |
/s/ Courtney M. Vomund |
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Courtney M. Vomund Corporate Secretary |
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Spire Alabama Inc.
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April 25, 2025 |
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By: |
/s/ Courtney M. Vomund |
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Courtney M. Vomund Corporate Secretary |
Exhibit 99.1
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Investor Contact:
Media Contact: |
For Immediate Release
Spire announces leadership transition
Scott Doyle named president and chief executive officer
ST. LOUIS (April 25, 2025) – Spire Inc. (NYSE: SR) (“Spire” or the “company”) today announced the appointment of Scott Doyle as its president and chief executive officer and a member of the Board of Directors, effective immediately. Scott, who most recently served as Spire’s executive vice president and chief operating officer, succeeds Steve Lindsey, who has resigned from his role as a member of the Board of Directors.
“Scott is an accomplished, collaborative leader, with deep industry expertise, business acumen and the abilities to both connect with people and deliver results,” said Rob L. Jones, chair of Spire Inc.’s Board of Directors.
As Spire’s executive vice president and chief operating officer, Scott led Spire's gas utilities which serve more than 1.7 million customers across Alabama, Missouri and Mississippi. Prior to joining Spire in January of 2024, Scott served as executive vice president of utility operations at CenterPoint Energy in Houston, Texas, leading electric and natural gas businesses serving seven million customers across multiple states. Prior to this role, Scott held numerous executive leadership positions of increasing responsibility at CenterPoint in natural gas operations and regulatory and public affairs.
Scott currently serves on the board of directors of the United Way of Greater St. Louis, the Regional Business Council and the Southern Gas Association. He also serves on the Engineering Advisory Council of Texas A&M University, where he earned a bachelor’s degree in civil engineering. He previously has held board positions with the American Gas Association, Goodwill Industries of Houston, the American Gas Foundation, Central Indiana Corporate Partnership and the Association of Electric Companies of Texas.
“With a proven track record in utility operations and a deep understanding of the energy sector, Scott is the ideal leader for Spire’s next phase. His commitment to professionalism, operational excellence and customer service aligns with Spire’s core values and mission. The Board knows Scott well and is confident in his ability to build upon our strong foundation and drive continued, long-term success. We thank Steve for his dedicated service and commitment to Spire, including his service as CEO, and wish him well in his future endeavors,” said Rob.
Steve commented, “Leading Spire has been a true privilege. Thanks to the dedication of many, the company is entering a new era of opportunity, and I’m confident that Spire has a bright future ahead.”
“Since joining Spire, I’ve been impressed with the can-do attitude of Spire’s employees across our businesses and their commitment to serving our customers and communities to the very best of our abilities. I’m proud of the work we’ve done together as a company, enthusiastic about where we’re headed, and honored by the Board’s confidence in selecting me for the role of president and CEO,” said Scott.
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“Together, we’ve made significant strides toward achieving operational excellence and our strategy remains unchanged. We’ll continue to focus on modernizing our systems for the benefit of our customers. I’m appreciative of my time working alongside Steve, and I look forward to working closely with the Board, my colleagues on the management team and the many dedicated employees across the company.”
The management change is not the result of any material or unexpected financial events.
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 Alabama, Mississippi and Missouri. Our natural gas-related businesses include Spire Marketing and Spire Midstream. We are committed to transforming our business through growing organically, investing in infrastructure, and advancing through innovation. Learn more at SpireEnergy.com.
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