UPDATE 1-Allete names Shippar CEO

Newswire

(Adds details) NEW YORK, Jan 26 (Reuters) - Allete Inc. , which supplies electricity to the upper Midwest, on Monday named Donald Shippar president and chief executive as the company prepares to spin off its automotive services business. Shippar, who was president of the company's Minnesota Power unit, takes over the CEO title from David Gartzke, who will remain Allete's chairman until the spinoff is complete. Allete plans to spin off its Indianapolis-based auto operations, ADESA, into ...

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