IDACORP and Idaho Power add Albertsons and Boise Cascade Executives to their Boards of Directors
19 Mai 2023 - 12:30PM
Business Wire
Nate Jorgensen and Susan Morris, top executives at two public,
Idaho-based companies, have been named to the board of directors of
IDACORP, Inc. (NYSE: IDA) and Idaho Power, effective May 18.
Jorgensen has served as the CEO of Boise Cascade Company since
March 2020. Prior to that role, he was the company’s chief
operating officer responsible for overseeing the Wood Products and
Building Materials Distribution divisions. Jorgensen joined Boise
Cascade in 2015 after 28 years with Weyerhaeuser, where he served
in various leadership roles.
Morris is the Executive Vice President and Chief Operations
Officer at Albertsons Companies, a role she has held since January
2018. She leads the company’s retail operations, overseeing more
than 2,200 stores across 34 states, and has held a variety of
leadership roles in her more than 38 years in the retail grocery
industry.
“We are thrilled to have these two proven leaders in Idaho
industry on our Board,” said Lisa Grow, IDACORP and Idaho Power
President and Chief Executive Officer. “Nate and Susan will offer
valuable insights into how we can continue serving our customers,
communities, and shareowners with reliable, affordable, clean
energy.”
Jorgensen earned a bachelor’s degree in civil and environmental
engineering from the University of Wisconsin and attended the Tuck
School of Business Executive Education Program at Dartmouth
University. He serves on the board of directors for the American
Wood Council.
Morris is a graduate of Colorado State University with a degree
in Social Science/Political Science. She also serves on the board
of the J.A. and Kathryn Albertsons Foundation, the Food Marketing
Institute, and the Federal Reserve Bank of San Francisco’s Salt
Lake City Branch Board of Directors.
“Nate and Susan offer a wealth of knowledge and expertise in
both operations and leadership, along with strong ties to the Idaho
community,” said Richard Dahl, Chairman of the Board of IDACORP and
Idaho Power. “Their proven records of success while leading Boise
Cascade and Albertsons are a testament to the depth of knowledge
they will bring to our team.”
Background Information
IDACORP, Inc. (NYSE: IDA), Boise, Idaho-based and formed in
1998, is a holding company comprised of Idaho Power, a regulated
electric utility; IDACORP Financial, a holder of affordable housing
projects and other real estate investments; and Ida-West Energy, an
operator of small hydroelectric generation projects that satisfy
the requirements of the Public Utility Regulatory Policies Act of
1978. Idaho Power, headquartered in vibrant and fast-growing Boise,
Idaho, has been a locally operated energy company since 1916.
Today, it serves a 24,000-square-mile service area in Idaho and
Oregon. Idaho Power’s goal to provide 100% clean energy by 2045
builds on its long history as a clean-energy leader that provides
reliable service at affordable prices. With 17 low-cost hydropower
projects at the core of its diverse energy mix, Idaho Power’s
residential, business, and agricultural customers pay among the
nation's lowest prices for electricity. It’s 2,000 employees
proudly serve more than 620,000 customers with a culture of safety
first, integrity always, and respect for all. To learn more about
IDACORP or Idaho Power, visit www.idacorpinc.com or
www.idahopower.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230519005050/en/
Investor and Analyst Contact Justin
S. Forsberg Director of Investor Relations & Treasury Phone:
(208) 388-2728 JForsberg@idacorpinc.com
Media Contact Jordan Rodriguez
Corporate Communications Phone: (208) 388-2460
JRodriguez@idahopower.com
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