Ken Smith Named President of Alagasco

BIRMINGHAM, Ala., March 11, 2015 /PRNewswire/ -- Following the recent announcement that Alagasco President and COO Dudley Reynolds will retire at the end of March, the company announced today that Ken Smith will become president of Alagasco beginning April 1. Smith is currently vice president of system integrity for Alagasco. In his new position, Smith will report to Steve Lindsey, COO of distribution operations for The Laclede Group (NYSE:LG).

"Thanks to Alagasco's strong leadership program, choosing Ken was an easy decision," said Suzanne Sitherwood, president and CEO of The Laclede Group. "Ken has three decades of experience in our industry. He has spent his entire career at Alagasco and he is very well qualified to serve as president."

Smith earned his engineering degree from Auburn University and then joined Alagasco as an industrial marketing representative. With more than 34 years of natural gas industry experience he has held many positions at Alagasco. He worked his way up to become manager of technical services, director of engineering services, division manager, and assistant vice president of technical services. For the past 17 years, Smith has been an officer of the company, holding positions such as vice president of operations and vice president of technical and transportation services.

Smith's leadership extends to the national industry, having served in top-level positions with the American Gas Association and the Gas Technology Institute. He is also active in the Alabama Natural Gas Association. His commitment to advancing the community is deeply held; he has served on the boards of United Way, American Red Cross and the Birmingham Education Foundation.

ABOUT THE LACLEDE GROUP, INC.
The Laclede Group, Inc. (NYSE: LG), headquartered in St. Louis, Missouri, is a public utility holding company whose primary business is the safe and reliable delivery of natural gas service to more than 1.56 million residential, commercial and industrial customers across Missouri and Alabama. Its Gas Utility segment consists of three natural gas utilities: Laclede Gas Company (serving St. Louis and eastern Missouri), Missouri Gas Energy (serving Kansas City and western Missouri) and Alabama Gas Corporation (serving 186 cities and Alabama communities including Birmingham and Montgomery). Laclede's non-utility businesses include Laclede Energy Resources, Inc., providing non-regulated natural gas services, and Spire which provides compressed natural gas (CNG) fueling solutions for transportation fleets. Laclede is committed to pursuing growth through 1) investing in infrastructure; 2) organically growing its existing businesses; 3) acquiring businesses to which the Company can apply its operating model and natural gas industry expertise, and 4) developing and investing in CNG fueling and other technologies. For more information about Laclede and its subsidiaries, visit www.TheLacledeGroup.com.

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SOURCE The Laclede Group, Inc.

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