ST. LOUIS — Spire on Friday announced Scott Doyle as its new president and CEO, after terminating his predecessor — marking another recent change atop the St. Louis-based gas utility.
Doyle, who will also serve on the company’s board of directors, becomes Spire’s third leader in 19 months.
Doyle
He replaces Steve Lindsey, who became CEO in October 2023 and on Thursday “was terminated without ‘Cause,’†Spire said in a Friday filing with the U.S. Securities and Exchange Commission. Lindsey has also resigned from his role as a member of Spire’s board, the company said.
Spire “expects to enter into a separation agreement with Mr. Lindsey and an employment agreement with Mr. Doyle at a later date and will disclose the compensatory terms of such agreements†in the future, the company said in Friday’s filing.
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Lindsey received $3.4 million in total compensation during the 2024 fiscal year, Spire reported in a December filing.
Doyle, in his previous role, received $1.84 million over the same period.
On Jan. 3, Lindsey took a leave of absence “for health-related reasons,†and then resumed his duties on Feb. 10, according to Spire’s filings with the SEC earlier this year.
Before Lindsey took the reins, former CEO Suzanne Sitherwood spent more than a decade at the helm of the utility, overseeing the dramatic expansion of the company through acquisitions and even the overhaul of its long-held identity, as it changed its name from Laclede Gas.
Doyle, 53, joined Spire in January 2024 and had most recently served as the company’s chief operating officer and executive vice president.
He assumed Lindsey’s responsibilities during his leave of absence. Prior to his arrival at Spire, Doyle was the executive vice president of utility operations at CenterPoint Energy, in Houston.
Spire did not specify a reason for Lindsey’s termination in Friday’s announcement and declined to comment when asked for more details. The company said that “the management change is not the result of any material or unexpected financial events.â€
“We thank Steve for his dedicated service and commitment to Spire, including his service as CEO, and wish him well in his future endeavors,†said Rob Jones, the chair of Spire’s board, in Friday’s announcement.
Jones hailed Doyle as “the ideal leader for Spire’s next phase,†in the company’s release.
“Scott is an accomplished, collaborative leader, with deep industry expertise, business acumen and the abilities to both connect with people and deliver results,†he said.
In his first year with Spire, Doyle received more than $231,000 in “perquisites,†which include life insurance premiums, spousal travel, and executive financial and tax planning. That sum was far more — over $200,000 more — than the perquisites given to the company’s other top executives.
Spire said in a filing that his total “includes expenses related to relocation from Houston.â€
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