IDACORP Announces Leadership Changes

Succession planning opportunities guided IDACORP, Inc. and Idaho Power Company boards of directors to approve one new officer position and expand existing officer leadership responsibilities, enabling several officers to broaden their knowledge and experience.

“Central to preparing our company for the future and achieving our vision of being regarded as an exceptional utility is the development of future leaders,” said President and CEO LaMont Keen. “As we enter a new era for energy, I am inspired by the possibilities ahead for our company and our communities. These corporate organizational changes contribute to turning those possibilities into reality by providing leadership opportunities that diversify and broaden our knowledge and experience.”

Following are specific leadership changes that became effective May 20, 2010:

Daniel B. Minor, newly appointed executive vice president for IDACORP, Inc. and continuing executive vice president of Operations for Idaho Power.

John R. Gale, promoted to senior vice president of Corporate Responsibility. Gale previously led Idaho Power’s Regulatory Affairs department and will now focus on corporate sustainability efforts.

Ken W. Petersen, promoted to an executive officer for IDACORP, Inc. and Idaho Power as corporate controller and chief accounting officer. Ken reports to Vice President of Finance and Treasurer Steve Keen.

Steve R. Keen, vice president of Finance and Treasurer, expands his responsibilities to include controller functions and Corporate Planning and Analysis.

Vice President and Chief Risk Officer Lori D. Smith’s responsibilities now include risk management, audit, corporate security and compliance. Lori reports to Senior Vice President and General Counsel Rex Blackburn.

Naomi Shankel, previously vice president of Audit and Compliance, now leads a new function as vice president of Supply Chain. Her new role elevates supply chain efforts, enhancing and centralizing processes around contracting, materials and procurement.

Return to June 2010 Western Energy News

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