George Goldfarb Named to ALLETE Board of Directors
October 31 2012 - 9:57AM
Business Wire
ALLETE, Inc. (NYSE:ALE) announced today that George Goldfarb has
joined ALLETE’s board of directors.
Goldfarb is the President of Duluth based clothing retailer,
Maurices, a wholly owned subsidiary of Ascena Retail Group, Inc.
(NASDAQ – ASNA), a publicly traded company, recently named to
Fortune magazine’s list of “100 fastest growing companies” with
estimated annual revenues of $5 billion. He was elected by ALLETE’S
Board of Directors at its October 26, 2012 meeting.
Goldfarb whose career spans 25 years with Maurices oversees all
aspects of its operations with over $850 million in annual revenue
and more than 800 stores nationwide and in Canada. Goldfarb joined
Maurices in 1985 and has held a variety of roles including Chief
Financial Officer and Executive Vice President and Chief Operating
Officer. Prior to joining Maurices, Goldfarb worked in public
accounting at Kolquist, Seitz and Goldman.
“We are pleased to welcome George to the board,” said ALLETE
Chairman, President and CEO Al Hodnik. “George brings a strong
sense of values and is widely recognized for his vision, skilled
leadership and strategic planning while overseeing a rapidly
growing company. We look forward to his input and contributions to
the growth initiatives at ALLETE, as well as his keen knowledge of
northern Minnesota.”
Goldfarb is a University of Minnesota, Duluth Bachelor of
Accounting graduate. He is a member of the boards of the Labovitz
School of Business and Economics in Duluth, Area Partnership for
Economic Expansion (APEX), US Bank, and Duluth Legacy Endowment
Fund. In 2010 Goldfarb was recognized as Business Person of the
year at the annual Joel Labovitz Entrepreneurial Success Awards in
Duluth.
ALLETE, Inc. is an energy company headquartered in Duluth,
Minnesota. ALLETE's energy businesses include Minnesota Power,
Superior Water, Light & Power Co., BNI Coal, and ALLETE Clean
Energy. More information about the company is available at
www.allete.com.
The statements contained in this release and statements that
ALLETE may make orally in connection with this release that are not
historical facts, are forward-looking statements. Actual results
may differ materially from those projected in the forward-looking
statements. These forward-looking statements involve risks and
uncertainties and investors are directed to the risks discussed in
documents filed by ALLETE with the Securities and Exchange
Commission.
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