Spire Says Steve Rasche To Step Down As EVP And CFO; Adam Woodard To Succeed Rasche

(RTTNews) - Spire, Inc. (SR) announced Monday that Steve Rasche will step down as executive vice president and chief financial officer effective January 1, 2025. He will continue to serve as a senior adviser until his retirement on April 1, 2025.

Adam Woodard, Spire's vice president and treasurer, will succeed him as executive vice president and chief financial officer effective January 1, 2025.

After joining Spire in 2009 and becoming CFO in 2013, Rasche helped drive significant growth, leading Spire to become one of the largest publicly traded natural gas companies in the country.

As CFO, Woodard will have oversight of the company's accounting and treasury, investor relations, financial planning and analysis, and supply chain functions. Woodard will also continue to oversee strategy and corporate development.

Woodard steps into the role after serving since 2018 as vice president and treasurer. In 2019, he took on added responsibility as chief financial officer of Spire's utility businesses.

Prior to joining Spire, Woodard worked for 21 years at A.G. Edwards & Sons, which later became Wells Fargo Securities. As an investment banker, he worked with companies across the energy sector.

In addition, Tim Krick, vice president and controller, will become chief accounting officer for Spire. Krick brings extensive experience to the role, with almost 11 years as part of Spire's finance team and another decade in accounting leadership roles at St. Louis-based Sigma-Aldrich.