LANE ELECTED TO WEC ENERGY GROUP BOARD OF DIRECTORS
Tom Lane, Vice Chairman of Energy Capital Partners, has been elected to the board of directors of WEC Energy Group (NYSE:WEC), effective January 1. The addition of Lane reflects the board’s commitment to succession planning as several directors approach retirement age.
Lane was a partner at Energy Capital Partners from its inception in 2005 through the end of 2016. Prior to joining the private equity firm, Lane, 62, worked in the Investment Banking Division of Goldman Sachs. As a managing director, he provided senior-level coverage for electric and gas utilities, independent power producers and midstream energy companies throughout the country. Lane is a graduate of Wheaton College. He received an MBA in Finance from the University of Chicago.
MICHAEL D. GARCIA APPOINTED TO ALLIANT ENERGY BOARD OF DIRECTORS
The Alliant Energy Board of Directors has appointed Michael D. Garcia as a new director effective January 1, 2020. Mr. Garcia, 55, is President of Domtar Corporation’s (NYSE: UFS; TSX: UFS) Pulp and Paper division, responsible for the strategy and oversight of its pulp, paper and biomaterials businesses. Domtar is North America’s largest producer of uncoated free sheet (white papers) and one of the largest softwood market pulp producers in the world.
“We’re pleased to welcome Michael to our board of directors,” said John O. Larsen, Alliant Energy Chairman, President and CEO. “As a military veteran with diverse global executive management experience, he will bring fresh insights and a unique perspective that will help us continue to power what’s next for our customers, communities and shareowners.”
Mr. Garcia joined Domtar in 2014 after spending more than four years with Evraz PLC. He was Chief Executive Officer for Evraz Highveld Steel and Vanadium from 2011 to 2014 and Senior Vice President, Manufacturing & Supply Chain, from 2010 to 2011.
Mr. Garcia is a Director of the Federal Reserve Bank of Richmond, Charlotte Branch, and an at-large board member of the United Service Organization (USO) of North Carolina. He is a graduate of The U.S. Military Academy at West Point and holds an MBA from Harvard University.
