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Avista Corp. (AVA)

31.01 Down 0.35(1.12%) Apr 17, 4:01PM EDT
|After Hours : 31.01 0.00 (0.00%) Apr 17, 4:29PM EDT
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Avista Corp.
1411 East Mission Avenue
Spokane, WA 99202
United States - Map
Phone: 509-489-0500

Index Membership:N/A
Industry:Diversified Utilities
Full Time Employees:3,310

Business Summary 

Avista Corporation, an energy company, is engaged in the generation, transmission, and distribution of electricity; and distribution of natural gas primarily in the United States and Canada. It operates in two segments, Avista Utilities and Ecova. The Avista Utilities segment generates, transmits, and distributes electricity primarily from hydroelectric, thermal, and wind facilities; and provides natural gas distribution services to retail customers in parts of Eastern Washington, Northern Idaho, and Northeastern and Southwestern Oregon. This segment is also involved in the wholesale purchase and sale of electricity and natural gas; and provision of electric distribution and transmission, as well as natural gas distribution to residential, commercial, and industrial retail electric and natural gas customers. In addition, it operates facilities with a total net capability of approximately 1,844 mega watts; and provides retail electric service to approximately 366,000 customers and retail natural gas service to approximately 326,000 customers. The Ecova segment provides energy efficiency and cost management programs and services for multi-site customers and utilities in North America; and expense management services for telecom needs. This segment also provides strategic energy management and efficiency services that include procurement, conservation, performance reporting, financial planning, facility optimization and monitoring, and energy efficiency program management for commercial enterprises and utilities. The company is also engaged in custom sheet metal fabrication of electronic enclosures, parts, and systems for the computer, telecom, renewable energy, and medical industries; real estate investments primarily in commercial office buildings; and provision of investments in emerging technology venture capital funds and fuel cell business. Avista Corporation was founded in 1889 and is headquartered in Spokane, Washington.

Key Statistics

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Corporate Governance 
Avista Corp.’s ISS Governance QuickScore as of Apr 1, 2014 is 2. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 3; Compensation: 2.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Scott L. Morris , 56
Chairman, Chief Exec. Officer, Pres and Chairman of Exec. Committee
Mr. Mark T. Thies , 50
Chief Financial Officer, Sr. VP and Treasurer
Ms. Marian M. Durkin , 60
Chief Compliance Officer, Sr. VP and Gen. Counsel
Ms. Karen S. Feltes , 58
Sr. VP of HR and Corp. Sec.
Mr. Dennis P. Vermillion , 52
Sr. VP, Environmental Compliance Officer and Pres of Avista Utilities
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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