Ameren announces executive leadership changes effective January 2026

ST. LOUIS - Ameren Corporation (NYSE:AEE), a $28 billion utility company whose stock is currently trading near its 52-week high, announced Tuesday a series of executive leadership changes that will take effect January 1, 2026, including the creation of a new group president position to oversee all utility operations. According to InvestingPro analysis, the company appears to be trading above its Fair Value, though it maintains strong financial metrics with revenue growth of 17.75% over the last twelve months.

Michael Moehn, currently senior executive vice president and chief financial officer, will become group president of Ameren Utilities, a newly created role where he will oversee all of the company’s operating utilities. The company has demonstrated remarkable stability with a beta of 0.49, making it one of the lower-volatility utility stocks tracked by InvestingPro.

Lenny Singh, who currently serves as chairman and president of Ameren Illinois, will succeed Moehn as executive vice president and chief financial officer of Ameren Corporation and chairman and president of Ameren Services.

Patrick Smith Sr., currently senior vice president of operations and technical services, will be promoted to chairman and president of Ameren Illinois, replacing Singh.

Shawn Schukar will continue in his role as chairman and president of Ameren Transmission Company of Illinois.

"This strategic rotation of responsibilities reflects Ameren’s strong commitment to continuous improvement at all levels of our organization," said Martin J. Lyons Jr., chairman, president and chief executive officer of Ameren Corporation, in a press release statement.

The company described the changes as designed to drive consistent operating performance and enhance the experience of its executive team.

Moehn joined Ameren in 2000 and has held various leadership roles across the company. Singh came to Ameren in 2022 after more than 30 years at Consolidated Edison Company of New York. Smith has been with Ameren since 1985, when he started as a meter reader.

Ameren Corporation provides electric service to 2.5 million customers and natural gas service to more than 900,000 customers across a 64,000-square-mile area through its regulated utility subsidiaries. The company has maintained dividend payments for 28 consecutive years, with a current dividend yield of 2.74%. For deeper insights into Ameren’s financial health and detailed analysis, investors can access the comprehensive Pro Research Report available on InvestingPro, which covers over 1,400 US stocks.

In other recent news, Ameren Corporation announced a quarterly cash dividend of 71 cents per share, payable on December 31, 2025, to shareholders of record as of December 9, 2025. Additionally, its subsidiary, Union Electric Company (Ameren Missouri), declared quarterly cash dividends on all classes of preferred stock, to be paid on February 15, 2026. In a leadership update, Ameren reported the retirement of Mark C. Birk as Chairman and President of Ameren Missouri, with Michael L. Moehn appointed as Interim Chairman and President. Moehn has been Ameren’s Chief Financial Officer since 2019 and previously led Ameren Missouri from 2014 to 2019.

On the financial front, Jefferies raised Ameren’s stock price target to $121, citing strong second-quarter results driven by its Missouri operations. Meanwhile, BMO Capital increased its price target for Ameren to $110, maintaining an Outperform rating, following the company’s second-quarter earnings report, which showed earnings per share of $1.01, aligning closely with analyst estimates. These developments reflect ongoing investor interest and confidence in Ameren’s performance and strategic direction.

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