Ameren Corporation Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Ameren Corporation on October 14, 2011. The report discloses corporate governance changes regarding the Board of Directors and related regulatory disclosures.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel appointments and does not contain financial performance data.
Material Changes
- Board Election: On October 14, 2011, the Board of Directors elected Catherine S. Brune to fill a vacancy. Her term expires at the 2012 Annual Meeting of Shareholders.
- Committee Appointments: Ms. Brune was appointed to the Audit and Risk Committee and the Nuclear Oversight and Environmental Committee, effective December 8, 2011.
- Compensation: Ms. Brune will receive standard director compensation as outlined in Exhibit 10.1 of Ameren's Form 10-Q for the period ended September 30, 2008.
- Background: Ms. Brune is the President of Allstate Protection Eastern Territory. She previously served as Senior Vice President and Chief Information Officer of Allstate from 2002 to October 2010.
- Related Party Transactions: Allstate had no reportable business relationships with Ameren or its subsidiaries in 2010 or through the date of this filing.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, outlook, management commentary on operations, or specific risk factors. The report notes that no arrangement or understanding existed between Ms. Brune and Ameren regarding her selection.
Investor Verification Checklist
- Verify the effective date of Ms. Brune's committee appointments (December 8, 2011).
- Review Exhibit 10.1 of the Form 10-Q for the quarter ended September 30, 2008, to confirm director compensation details.
- Confirm the absence of undisclosed business relationships between Ameren and Allstate Insurance Company.
- Check the press release (Exhibit 99.1) for additional context on the Board's strategic direction.