HA Sustainable Infrastructure Capital, a leading investor in sustainable infrastructure assets, announced the appointment of Laura A. Schulte and Barry E. Welch to its board of directors, effective April 15, 2025.
With these appointments, the HASI board of directors will consist of 12 members, 10 of whom are independent members. Ms. Schulte will serve on the Audit Committee and the Compensation Committee, and Mr. Welch will serve on the Audit Committee and Finance and Risk Committee.
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“As the scope and scale of HASI’s opportunity in the energy transition continues to grow, it is fitting to add additional financial services and energy industry expertise to our board. We are pleased to welcome Laura and Barry,” said Jeffrey W. Eckel, Chair of HASI.
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Laura A. Schulte has over three decades of leadership in the financial services industry, where she has transformed multi-billion-dollar corporations and their cultures in highly regulated industries to deliver improved profits, revenue growth, and stakeholder value. She is currently chair of the board of directors of Transportation Alliance Bank. Since 2016, Ms. Schulte has also served on the board of directors of Novant Health and Grubb Properties. From 2015 through 2021, Ms. Schulte served on the board of directors of State Farm Bank, a subsidiary of State Farm Insurance sold to U.S. Bank in 2021. From 1999 until her retirement in 2014, Ms. Schulte held various executive roles at Wells Fargo, culminating in her service as Executive Vice President and Head of Eastern Community Banking. Before that, she was an executive at Norwest Corporation. Ms. Schulte holds a Bachelor of Science degree in Accounting from the University of Nebraska at Lincoln and is a graduate of the Stonier Graduate School of Banking at the University of Pennsylvania.
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Barry E. Welch has over three decades of impactful leadership experience in the power and infrastructure industry, where he has guided complex energy businesses through transformation and growth. He is currently chair of the board of directors of Onward Energy and serves on the board of directors of Aspen Power. From 2016 through 2019, Mr. Welch served on the board of directors of TransMontaigne Partners (NYSE: TLP). From 2004 to 2014, Mr. Welch was Chief Executive Officer of Atlantic Power Corporation. He previously spent 15 years at John Hancock, culminating in his service as Senior Vice President and Head of the Bond & Corporate Finance Group. Mr. Welch holds a Bachelor of Science degree in Mechanical and Aerospace Engineering from Princeton University and a Master of Business Administration degree with a concentration in Finance from Boston College.
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Source – PR Newswire
