Christie Raymond
ALLIANT ENERGYAbout Christie Raymond
Christie Raymond, age 55, is an independent director of Alliant Energy (LNT), serving since 2024 and nominated for a term expiring in 2028; she brings extensive customer-focused marketing leadership including her current role as Senior Executive Vice President and Chief Marketing Officer at Kohl’s since August 2022, with prior senior roles in analytics, personalization, and digital marketing at Kohl’s and The Walt Disney Company; on the LNT board she serves on the Audit Committee and the Compensation and Personnel Committee . The Board has affirmatively determined she is independent under Nasdaq rules; in 2024 the Board held seven meetings and each director attended at least 75% of the aggregate Board and committee meetings during their tenure; directors are expected to attend the Annual Meeting and all members at the time of the 2024 Annual Meeting were present .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Kohl’s | Senior Executive Vice President & Chief Marketing Officer | Aug 2022–present | Responsible for marketing, customer service, brand, media & personalization, credit & loyalty, insights & analytics, corporate communications, and philanthropy |
| Kohl’s | Executive Vice President, Customer Engagement, Analytics & Insights | Jun 2020–Aug 2022 | Led customer analytics and engagement initiatives |
| Kohl’s | Senior Vice President, Media & Personalization | Oct 2017–Jun 2020 | Led media and personalization strategy |
| The Walt Disney Company | Marketing, new business, and strategic planning leadership roles | Not disclosed | Extensive experience in customer analytics and digital marketing |
| Aspen Club Technologies | Leadership roles | Not disclosed | Strategic leadership in technology and customer-focused initiatives |
External Roles
| Organization | Position | Start | Notes |
|---|---|---|---|
| Kohl’s | Senior Executive Vice President & Chief Marketing Officer | Aug 2022 | Current operating role; no public company directorships disclosed in biography |
| The Walt Disney Company | Various marketing and strategy roles | Not disclosed | Prior employer; not a current board role |
| Aspen Club Technologies | Leadership roles | Not disclosed | Prior role; not a current board role |
Board Governance
| Attribute | Details |
|---|---|
| Committees | Audit; Compensation and Personnel (member of both) |
| Committee Chairs | None (Raymond is not listed as chair of any standing committee) |
| Audit Committee composition & expertise | All members independent; Board determined Falotico and Sanders are “audit committee financial experts”; all committee members financially sophisticated under Nasdaq rules (Raymond is a member) |
| Compensation & Personnel Committee composition | All members independent; five meetings in 2024; uses Pay Governance LLC as independent compensation advisor; committee reviewed consultant independence and found no conflicts |
| Independence | Board affirmed Raymond is independent under Nasdaq rules; at least 75% of Board must be independent per Corporate Governance Guidelines |
| Attendance | Board held seven meetings in 2024; each director attended at least 75% of aggregate Board/committee meetings during their tenure; all directors at the time attended the 2024 Annual Meeting |
| Executive sessions | Independent directors meet in executive session at every regular Board meeting |
| Related-party transactions | None since the beginning of 2024; policy requires review/approval by Nominating & Governance Committee and sets thresholds/exclusions; independence considerations applied; no related-person transactions currently proposed |
| Hedging/pledging | Prohibited for insiders (including directors) |
Fixed Compensation
| Component | 2024 Amount | Notes |
|---|---|---|
| Fees Earned or Paid in Cash (Raymond) | $213,750 | Reflects service commencing in 2024; no meeting fees are paid |
| Change in Pension Value & NQDC Earnings (Raymond) | $0 | No above-market interest reported for director compensation table |
| All Other Compensation (Raymond) | $0 | Matching gifts and incidental benefits can appear for some directors; Raymond reported $0 |
| Year | Annual Director Retainer (All Boards) | Board Chair | Lead Independent Director | Audit Chair | Compensation Chair | Nominating Chair | Operations Chair | Other Audit Members |
|---|---|---|---|---|---|---|---|---|
| 2024 | $280,000 | N/A | $35,000 | $25,000 | $20,000 | $17,500 | $17,500 | $5,000 |
| 2025 | $290,000 | $200,000 | $35,000 | $25,000 | $20,000 | $20,000 | $20,000 | $5,000 |
Additional structure:
- Directors receive no additional meeting fees; meeting fees remain $0 for 2024 and 2025 .
- Directors are encouraged to use 55% of cash retainer to purchase common stock via plans; board may require fees paid in stock under the 2020 Omnibus Incentive Plan .
Performance Compensation
| Performance-Linked Director Compensation Elements | Disclosure |
|---|---|
| Performance-based components tied to director pay | None; director compensation is based on fixed retainers and committee fees; equity exposure arises via elective receipt/deferral of cash retainer into stock, not contingent on performance |
Director equity deferrals (ownership alignment):
| Item | Raymond (2024) |
|---|---|
| Aggregate Dollar Amounts Deferred | $77,000 |
| Number of Shares of Common Stock Credited (Company Stock Account) | 1,360 |
Policies affecting incentives:
- Directors may elect to receive cash fees in common stock or defer into the Company Stock Account (credited with dividend equivalents and treated as invested in common stock) .
Other Directorships & Interlocks
| Category | Details |
|---|---|
| Current public-company boards (outside LNT/IPL/WPL) | None disclosed in proxy biography |
| Subsidiary boards | IPL and WPL director since 2024 (boards are identical to LNT’s) |
| Committee interlocks | No compensation committee interlocks or insider participation reported for 2024; none of LNT executives serve on boards/comp committees of companies with reciprocal arrangements |
Expertise & Qualifications
| Skills and Qualifications | Notes |
|---|---|
| Strategic leadership; financial acumen/literacy; customer perspective; risk management; technology systems | Board-listed skills for Raymond supporting customer-centric and data-driven oversight |
| Financial sophistication | Audit Committee notes all members are financially sophisticated under Nasdaq rules (Raymond is a member) |
Equity Ownership
| Holder | Shares Beneficially Owned | RSUs | Total | Notes |
|---|---|---|---|---|
| Christie Raymond | 2,950 | — | 2,950 | Includes 2,700 shares held in deferred compensation plans; none of the shares are pledged |
| Shares Outstanding (Alliant Energy common stock) | 256,866,523 | — | — | No director or executive officer owned more than 1% of outstanding shares |
Director stock ownership guidelines:
- Target ownership equals two times the full annual retainer (equivalent to $560,000 in 2024) with five years to attain; directors who joined in the last five years are on track; guidelines include holdings in the Shareowner Direct Plan and Alliant Energy Deferred Compensation Plan .
Governance Assessment
- Independence and committees: Raymond is independent and serves on two core oversight committees (Audit; Compensation and Personnel), strengthening financial reporting, risk oversight, and pay governance; Audit members are financially sophisticated, and the compensation committee uses an independent consultant with no conflicts .
- Attendance and engagement: The Board met seven times in 2024; each director met the 75% attendance threshold during their tenure, and directors attended the Annual Meeting, indicating baseline engagement expectations are met .
- Ownership alignment: Raymond deferred $77,000 of fees into the Company Stock Account (1,360 credited shares), and directors are encouraged to convert 55% of retainers into common stock; director ownership guidelines require 2x retainer within five years, with new directors on track; none of her shares are pledged, aligning with prohibited hedging/pledging policy .
- Conflicts/related-party exposure: No related-person transactions since the beginning of 2024; Board independence affirmed; her external role at Kohl’s is an operating position, not a disclosed board interlock, and utility service relationships are covered by stated policy exclusions when provided at regulated rates .
- Shareholder signals: Say-on-pay received >95% support in 2024, indicating broad investor alignment with compensation practices; while this pertains to executive pay, it reflects overall governance sentiment toward the company’s pay framework overseen by committees including Raymond .
RED FLAGS
- None identified: no pledging/hedging; no related-party transactions; no committee interlocks; director compensation lacks performance-based grants (common for non-employee directors) but equity alignment is facilitated via elective stock receipt/deferral .
SAY-ON-PAY & SHAREHOLDER FEEDBACK
- 2024 say-on-pay approval exceeded 95%; Compensation and Personnel Committee continues to review program design with independent advisors despite high support .
Notes on committee risk oversight context:
- The Audit Committee oversees ERM; Compensation & Personnel conducted a risk assessment of compensation policies in December 2024 and concluded practices were not reasonably likely to have a material adverse effect; policies include clawbacks, stock ownership, double-trigger CIC without tax gross-ups, and prohibitions on hedging/pledging .