BOISE, Idaho, May 16, 2019 /PRNewswire/ -- Following its
May 16 annual meeting of
shareholders, IDACORP, Inc. (NYSE:IDA) has announced the
appointment of Richard J. Dahl to
serve as the new independent chairman of the Boards of Directors of
IDACORP and its wholly owned subsidiary, Idaho Power. Dahl will
also serve as chairman of the Board of Directors' corporate
governance and nominating committees, to succeed Robert A. Tinstman in these roles. Dahl has
served as a director of IDACORP and Idaho Power since 2008 and has
been chair of the Board of Directors' audit committee since
2009.
Dahl is the former President and Chief Executive Officer and
director of James Campbell Company LLC. He is also the former
President and Chief Operating Officer of Dole Food Company. In
addition to his work on the IDACORP and Idaho Power boards, Dahl
currently serves as a director for Dine Brands Global Inc. and
Hawaiian Electric Industries Inc.
Effective immediately prior to IDACORP's annual meeting of
shareholders, Mr. Tinstman retired as chairman from the Boards of
Directors of IDACORP and Idaho Power, in accordance with the
companies' mandatory director retirement age policy. He served with
distinction as a member of both boards since 1999.
"I am excited to welcome Richard
Dahl as our board chair," said Darrel Anderson, President and CEO of IDACORP
and Idaho Power. "His expertise and insights have been invaluable
to our company during his decade as a director, and I know we will
continue to move the business forward under his leadership. At the
same time, I want to recognize the significant contributions of
Bob Tinstman over the past 20 years.
He has been a vital part of our governance team, and we thank him
for his many years of dedicated service."
About IDACORP, Inc.
IDACORP, Inc. (NYSE: IDA) is based
in Boise, Idaho, and was formed in
1998 as a holding company. IDACORP subsidiaries include: Idaho
Power, a regulated energy company; IDACORP Financial, an investor
in affordable housing projects and real estate; and Ida-West
Energy, an operator of small hydroelectric projects. IDACORP's
origins lie with Idaho Power and operations beginning in 1916.
Today, Idaho Power employs approximately 2,000 people who serve
more than 560,000 customers throughout a 24,000-square-mile area in
southern Idaho and eastern
Oregon. To learn more, visit
idacorpinc.com or idahopower.com.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/idacorp-inc-appoints-richard-j-dahl-as-board-chair-300852149.html
SOURCE IDACORP, Inc.