Independent Director · ALLETE, Inc. (ALE)

Douglas C. Neve director compensation at Allete (FY2024): $215K

Fiscal year 2024 director compensation for Douglas C. Neve at ALLETE, Inc.. Every figure below is printed as the company filed it and cited to the filing it came from.

Director compensation as of the proxy filed March 31, 2025 (DEF 14A). Open the filing on EDGAR.

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What they were paid

ALLETE Director Compensation Table · all 2 fiscal years held
In US dollars, as ALLETE reports it. Most recent year first. Totals are the company’s disclosed totals.
Fiscal yearCash feesStock awardsOption awardsOtherTotal
FY2024$105,000$110,000——$215,000
FY2023$105,000$110,000——$215,000

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: ALLETE, Inc. DEF 14A filed March 31, 2025, accession 0000066756-25-000043, and prior-year filings. Open the filing on EDGAR.

How this page was built: the ALLETE, Inc. filed document, accession 0000066756-25-000043. Every figure is read from that document and cited to the page and table it appears in. Filed March 31, 2025.

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$215,000 Douglas C. Neve, FY2024 total director compensation

$500

The free page is the headline figures. The board report is director pay, board composition and committee fees combined into the same kind of document.

Data as of March 31, 2025 · Source: Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).

How this board is paid

company policy · FY2024

ALLETE pays directors a $85,000 cash retainer and $110,000 in Stock.

Committees

FY2024 · as the proxy prints them

Audit · Nominating/Governance

The rest of the ALLETE board

FY2024 · as the company reported each
DirectorRoleFY2024 total
Barbara A. NickIndependent Director$215,000
Bethany M. OwenChair of the Board—
Charlene A. ThomasIndependent Director$215,000
Charles R. MatthewsIndependent Director$215,000
George G. GoldfarbIndependent Director$217,000
James J. HoolihanIndependent Director$205,000
Madeleine W. LudlowIndependent Director$220,000
Robert P. PowersIndependent Director$212,500
Susan K. NestegardLead Independent Director$250,000

The full ALLETE compensation record

free company brief

This page is one director within ALLETE's record. The company brief lists every named executive and director, each linking to their own page.

Peer companies

named in the ALLETE proxy · each links to its own free brief

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