Independent
Tenure on this board
15.4 yrs
Also a director at
Tennant Co (TNC)Arxis Inc (ARXS)
4 nominees · 3 ballot items.
Elect four directors nominated by the Board; approve, on a non-binding advisory basis, the compensation of the named executive officers (say-on-pay); and ratify Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2026.
Elect four director nominees (Patrick Allen, Manu Asthana, Ignacio Cortina, Michael Garcia) to serve until the 2029 Annual Meeting of Shareowners.
Non-binding, advisory (say-on-pay) vote to approve the compensation of the named executive officers as disclosed in the Compensation Discussion and Analysis and related tables.
This proposal requests an annual, non-binding advisory vote ("say-on-pay") approving the compensation paid to the named executive officers as disclosed in the proxy. Management seeks shareholder approval to validate its executive pay program design, which emphasizes pay-for-performance through a mix of annual cash incentives and long‑term equity awards tied to metrics such as EPS, net income growth, relative total shareholder return versus the EEI Stock Index, and renewable generation and energy storage targets. The company frames its program as necessary to attract and retain senior talent during a period of substantial planned growth and to align management incentives with shareholder interests and customer affordability. The Compensation Committee’s processes, including use of an independent compensation consultant, multiple performance metrics, caps on payouts, clawback provisions, and stock ownership requirements, are presented as governance safeguards. The filing notes strong prior shareholder support (over 96% approval in 2025), which management views as confirmation of alignment, but the vote remains advisory and the Board will consider the outcome in future decisions. Key governance context includes annual advisory frequency, robust disclosure in the Compensation Discussion and Analysis, and state utility commission review of compensation practices in rate proceedings. From a risk and investor perspective, the program’s reliance on both relative and absolute performance metrics, along with double-trigger change-in-control provisions and recoupment policies, mitigates incentives for short‑term risk-taking while focusing executives on multi-year execution of the growth strategy. Institutional investors evaluating this proposal will weigh the documented alignment mechanisms and historical support against the magnitude of CEO/NEO pay and linkages to long‑term performance metrics when deciding whether to support management’s recommendation.
Ratify the Audit Committee’s appointment of Deloitte & Touche LLP as Alliant Energy’s independent registered public accounting firm for 2026, including their engagement to audit financial statements and internal control over financial reporting.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | STATE STREET CORP | 6.59% | 17,010,651 | $1.2B |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 6.47% | 16,699,462 | $1.2B |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 5.65% | 14,595,006 | $1.0B |
| 4 | BlackRock, Inc. | 5.04% | 13,011,367 | $934M |
| 5 | JANUS HENDERSON GROUP PLC | 4.10% | 10,594,619 | $760M |
| 6 | PRICE T ROWE ASSOCIATES INC /MD/ | 3.96% | 10,240,144 | $735M |
| 7 | VICTORY CAPITAL MANAGEMENT INC | 2.66% | 6,870,764 | $493M |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 2.49% | 6,427,666 | $459M |
| 9 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 2.44% | 6,296,501 | $452M |
| 10 | BlackRock, Inc. | 2.17% | 5,602,959 | $402M |
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