Madeleine Ludlow Net Worth

The estimated Net Worth of Madeleine W Ludlow is at least $1.54 Million dollars as of 21 November 2019. Ms. Ludlow owns over 1,200 units of Allete stock worth over $670,395 and over the last 20 years she sold ALE stock worth over $699,893. In addition, she makes $165,950 as Independent Director at Allete.

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Ms. Ludlow ALE stock SEC Form 4 insiders trading

Madeleine has made over 30 trades of the Allete stock since 2004, according to the Form 4 filled with the SEC. Most recently she sold 1,200 units of ALE stock worth $95,340 on 21 November 2019.

The largest trade she's ever made was selling 2,500 units of Allete stock on 8 August 2017 worth over $187,075. On average, Madeleine trades about 219 units every 104 days since 2004. As of 21 November 2019 she still owns at least 10,516 units of Allete stock.

You can see the complete history of Ms. Ludlow stock trades at the bottom of the page.

Madeleine Ludlow biography

Madeleine W. Ludlow serves as Independent Director of the Company. Ms. Ludlow provides consulting services regarding investments in private equity transactions. From 2009 to January 2011, she was a principal of Market Capital Partners LLC and from 2005 to 2009 was a principal of LudlowWard Capital Advisors, LLC, both of which were Ohio-based investment banking firms serving middle market companies. Ms. Ludlow was the chair, chief executive officer, and president of Cadence Network, Inc., a web-based provider of utility expense management services from 2000 to 2004. She was formerly the vice president and chief financial officer of Cinergy Corp. Ms. Ludlow is the founder and managing director of West Capital Advisors, LLC, which provides strategic and development advisory services for corporate innovation. She also serves on the board and chairs the audit committee of the Ohio National Fund, Inc., a registered investment company with 25 separate investment funds. Ms. Ludlow also is the board chair of the Greater Cincinnati Energy Alliance, a non-profit that facilitates investment in energy efficiency and renewable energy projects. Ms. Ludlow, an audit committee financial expert within the meaning of the SEC rules, brings deep experience with and a sophisticated understanding of investment banking and finance. She was a senior executive at a public utility and has worked closely with entrepreneurial and diversified businesses.

What is the salary of Madeleine Ludlow?

As the Independent Director of Allete, the total compensation of Madeleine Ludlow at Allete is $165,950. There are 11 executives at Allete getting paid more, with Alan Hodnik having the highest compensation of $4,706,010.

How old is Madeleine Ludlow?

Madeleine Ludlow is 65, she's been the Independent Director of Allete since 2004. There are 2 older and 17 younger executives at Allete. The oldest executive at Allete, Inc. is Kathryn Dindo, 70, who is the Independent Director.

What's Madeleine Ludlow's mailing address?

Madeleine's mailing address filed with the SEC is 6901 MURRAY AVENUE, UNIT 203, , CINCINNATI, OH, 45227.

Insiders trading at Allete

Over the last 22 years, insiders at Allete have traded over $8,451,455 worth of Allete stock and bought 7,374 units worth $240,357 . The most active insiders traders include James P Hallett, Sidney W Jr Emery, and Robert P Powers. On average, Allete executives and independent directors trade stock every 45 days with the average trade being worth of $242,633. The most recent stock trade was executed by Heidi E Jimmerson on 19 August 2021, trading 3,253 units of ALE stock currently worth $226,084.

What does Allete do?

ALLETE, Inc. engages in the provision of electric and natural gas utility services.

Complete history of Ms. Ludlow stock trades at Allete

Allete executives and stock owners

Allete executives and other stock owners filed with the SEC include:

• Alan Hodnik,
  Executive Chairman of the Board
• Robert Adams,
  Chief Financial Officer, Senior Vice President
• Bethany M. Owen,
  Chair, CEO & Pres
• Bethany Owen,
  President, Chief Executive Officer, Director
• Robert J. Adams,
  Sr. VP
• Steven Morris,
  Chief Accounting Officer, Vice President and Controller
• Nicole Johnson,
  Chief Administrative Officer, Vice President
• Nicole Renee Johnson,
  VP & Chief Admin. Officer
• Margaret A. Thickens,
  VP, Chief Legal Officer & Corp. Sec.
• Steven Wayne Morris,
  Sr. VP & CFO
• Heidi Jimmerson-Eddins,
  Lead Independent Director
• Madeleine Ludlow,
  Independent Director
• Kathryn Dindo,
  Independent Director
• Douglas Neve,
  Independent Director
• Robert Powers,
  Independent Director
• James Hoolihan,
  Independent Director
• George Goldfarb,
  Independent Director
• Susan Nestegard,
  Independent Director
• Barbara Nick,
  Director
• Margaret Thickens,
  Vice President, Chief Legal Officer, Corporate Secretary
• Patrick Cutshall,
  Vice President, Corporate Treasurer
• Matthew Hankey,
  Pres & CEO of New Energy Equity
• Rob Sandstrom,
  Pres of Superior Water, Light & Power
• Jeffrey Scissons,
  Director of Corp. Devel.
• Patrick L. Cutshall C.F.A., CPA, CPA, CFA,
  VP & Corp. Treasurer
• Al Rudeck,
  Pres of Allete Clean Energy, Inc.
• Wade W. Boeshans,
  Pres & GM of BNI Energy
• Vincent J. Meyer,
  VP of Investor Relations
• Heidi E Jimmerson,
  Director
• Sidney W Jr Emery,
  Director
• Bradley W Oachs,
  Sr. VP; Pres. Reg. Operations
• James S Jr Haines,
  Director
• Leonard C. Rodman,
  Director
• Steven Q De Vinck,
  Controller
• Donald W Stellmaker,
  Treasurer
• Deborah A Amberg,
  VP, Gen. Counsel & Secretary
• Charles R Matthews,
  Director
• David J Mc Millan,
  Sr. VP Mrktg/Public Affairs
• Patrick Kevin Mullen,
  Sr VP ALLETE - External Affair
• Donald C Wegmiller,
  Director
• Dennis O Green,
  Director
• Bruce W Stender,
  Director
• Peter J Johnson,
  Director
• Thomas L Cunningham,
  Director
• George L Mayer,
  Director
• James K Vizanko,
  Sen.VP, CFO & Corp. Treasurer
• Nick Smith,
  Director
• Dennis E Evans,
  Director
• Kathleen A Brekken,
  Director
• Warren L Candy,
  Sr. VP Utility Operations
• Mark A Schober,
  VP & Corporate Controller
• Timothy J Thorp,
  VP Invest. Rel./Corp. Comm.
• Philip R Halverson,
  VP, Secy & General Counsel
• Deborah L Weinstein,
  Director
• Roger D Peirce,
  Director
• James P Hallett,
  VP/ Pres/CEO ALLETE Auto Svcs
• Claudia Scott Welty,
  Sr. VP Support & CAO
• Jack I Rajala,
  Director
• Brenda J Flayton,
  VP Human Resources
• Wynn V Bussmann,
  Director
• Donald J Shippar,
  President & CEO
• David G Gartzke,
  Chairman; CEO - ADESA Corp.
• Laura A Holquist,
  President ALLETE Properties
• Charlene A Thomas,
  Director
• Joshua John Skelton,
  VP; COO-Minnesota Power