Steven Morris compensation by year
ALLETE Summary Compensation Table · all 3 fiscal years held| Component | FY2022 | FY2023 | FY2024 |
|---|---|---|---|
| Salary | $360,111 | $412,106 | $470,517 |
| Bonus | $40,000 | $0 | $0 |
| Stock awards | $234,767 | $289,256 | $550,171 |
| Option awards | $0 | $0 | $0 |
| Non-equity incentive | $211,150 | $520,946 | $474,683 |
| Pension and deferred compensation | $0 | $32,960 | $0 |
| All other | $81,163 | $160,305 | $80,314 |
| Total | $927,191 | $1,415,573 | $1,575,685 |
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.
Equity holdings
unvested awards at FY2024 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 9,277 | $601,150 | — |
| RSU | 6,217 | $402,862 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in ALLETE, Inc.'s FY2024 proxy; value at the fiscal year-end close, as the company printed it.
ALLETE’s named executive officers, FY2024
as the company reported each| Named executive officer | Role | FY2024 total |
|---|---|---|
| Bethany Owen | Chair, President and CEO | $3,720,063 |
| Steven Morris · this page | Senior Vice President; former CFO | $1,575,685 |
| Nicole Johnson | Vice President; President–ALLETE Clean Energy | $1,098,046 |
| Joshua Skelton | Vice President; Chief Operating Officer - MP | $911,877 |
| Jeffrey Scissons | Vice President; CFO and Corporate Treasurer | $720,186 |
The full ALLETE compensation record
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Compensation, the day it’s disclosed
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are ALLETE's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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