Allete, Inc. (ALE), an energy company, on Tuesday announced that Vice President and Corporate Treasurer Jeff Scissons has been promoted to Chief financial Officer succeeding Steven Morris.
Scissons has been with the company since 2013.
Recently Morris announced his plan to retire in July.
In the pre-market trading, ALE is 0.43% lower at $65.11 on the Nasdaq.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.