EVANSVILLE, IN--(Marketwire - May 11, 2011) - Today, long-time Vectren Corporation (
"Bob has provided Vectren unparalleled leadership and has served a critical role in shaping Vectren's strategic direction and ultimately driving our company's success," said Vectren Chairman, President and CEO Carl Chapman. "We extend our sincere gratitude and best wishes in his retirement. We're very fortunate to have Tim step into the lead director position, and we're confident his sound guidance and tenure with our company will continue to lead us well in the future."
As reported in March 2011, Carl L. Chapman became chair of the board effective today.
Last June, Chapman assumed the role of chief executive officer following the retirement of his predecessor, Niel C. Ellerbrook. Under the company's Corporate Governance Guidelines, Ellerbrook remained as the non-executive chair of the board during the past year to facilitate the transition of leadership to Chapman. Ellerbrook will continue to serve on the company's board.
About Vectren
Vectren Corporation (
Contact Information:
Media contact:
Chase Kelley
(812) 491-4128
kckelley@vectren.com