Integrys Energy (NYSE: TEG) announced Tuesday that the company’s chairman Larry Meyers will retire March 31, according to Associated Press.
In late 2008, Charles Schrock was selected to succeed Larry Weyers as president and CEO. Schrock, 56, will take on the additional role of chairman April 1.
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Weyers, 64, remained executive chairman of the board to oversee the divesture of all or part of its subsidiary, Integrys Energy Services. The company sold parts of the business over the course of 2009.
Weyers became president and CEO of WPS Resources Corp. in 1997, which changed its name to Integrys Energy Group Inc. after it acquired Peoples Energy Corp. in 2007.
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