Manu Asthana joins Alliant Energy (NASDAQ: LNT) board and audit panel
Rhea-AI Filing Summary
Alliant Energy Corporation and its utility subsidiaries are expanding their boards and adding a new independent director. On January 5, 2026, the boards of Alliant Energy, Interstate Power and Light Company, and Wisconsin Power and Light Company increased their board size to 11 members and appointed Manu Asthana as a director effective February 23, 2026.
Asthana, 52, previously served as President and Chief Executive Officer of PJM Interconnection from 2020 to 2025, an organization that oversees the largest power grid in North America, serving 67 million people across 13 states and the District of Columbia. He will stand for election at Alliant Energy’s 2026 Annual Meeting of Shareowners as a nominee to serve until the 2029 Annual Meeting, alongside three directors whose terms expire in 2026.
Effective February 23, 2026, he will join the Audit Committee and Operations Committee of each board. For 2026 board service, he will receive non-employee director compensation in line with existing practices, with an annual retainer of $300,000 for service on all three boards.
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FAQ
What board change did Alliant Energy (LNT) disclose in this 8-K?
Alliant Energy and its utility subsidiaries increased the size of their boards to 11 directors and appointed Manu Asthana as a new board member effective February 23, 2026.
Who is Manu Asthana, the new director at Alliant Energy (LNT)?
Manu Asthana, age 52, was President and Chief Executive Officer of PJM Interconnection from 2020 to 2025. PJM oversees the largest power grid in North America and one of the largest electricity markets in the world, serving 67 million people in 13 states and the District of Columbia.
When will Manu Asthana stand for election to Alliant Energy’s board?
Manu Asthana will stand for election at Alliant Energy’s 2026 Annual Meeting of Shareowners as a nominee for director to serve until the company’s 2029 Annual Meeting of Shareowners, along with the three directors whose terms expire at the 2026 meeting.
Which board committees will Manu Asthana join at Alliant Energy (LNT)?
Effective February 23, 2026, Manu Asthana will serve on the Audit Committee and the Operations Committee of each of the three boards: Alliant Energy Corporation, Interstate Power and Light Company, and Wisconsin Power and Light Company.
How will the new Alliant Energy director be compensated in 2026?
For 2026 board service, Manu Asthana will receive non-employee director compensation consistent with Alliant Energy’s disclosed practices, with an annual retainer of $300,000 for service on all three boards.
Which companies are covered by this combined Alliant Energy 8-K filing?
This combined report is filed separately by Alliant Energy Corporation, Interstate Power and Light Company, and Wisconsin Power and Light Company, each reflecting the same director appointment and board size change.