AVA - Avista Corporation

NYSE - Nasdaq Real Time Price. Currency in USD

Avista Corporation

1411 East Mission Avenue
Spokane, WA 99202
United States
509-489-0500
http://www.avistacorp.com

SectorUtilities
IndustryDiversified Utilities
Full Time Employees1,982

Key Executives

NameTitlePayExercisedAge
Mr. Scott L. MorrisChairman, Pres & CEO1.9MN/A59
Mr. Mark T. ThiesSr. VP, CFO & Treasurer763.97kN/A53
Ms. Marian M. DurkinSr. VP, Chief Compliance Officer, Gen. Counsel & Corp. Sec.657.64kN/A63
Ms. Karen S. FeltesSr. VP & CHRO598.9kN/A61
Mr. Dennis P. VermillionSr. VP & Environmental Compliance Officer735.68kN/A55
Amounts are as of December 31, 2016 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.

Description

Avista Corporation operates as an electric and natural gas utility company. It operates in two segments, Avista Utilities, and Alaska Electric Light and Power Company. The Avista Utilities segment generates, transmits, and distributes electricity, as well as distributes natural gas in eastern Washington, northern Idaho, northeastern and southwestern Oregon, and Montana. This segment also engages in wholesale purchase and sales of electricity and natural gas. It owns hydroelectric, thermal, and wind generation facilities with a total capacity of 1,862 megawatts (MW). As of December 31, 2016, this segment supplied retail electric services to 377,000 customers and retail natural gas services to 340,000 customers. The Alaska Electric Light and Power Company segment owns and operates electric generation, transmission, and distribution facilities located in Juneau, Alaska. As of December 31, 2016, it operated five hydroelectric generation facilities with 102.7 MW of hydroelectric generation capacity; and had 107.5 MW of diesel generating capacity. This segment served approximately 17,000 customers, including city, state, and federal governmental entities located in Juneau, as well as a mine located in the Juneau area. The company also engages in the sheet metal fabrication of electronic enclosures, parts, and systems for the computer, construction, telecom, renewable energy, and medical industries; and investment of commercial and retail office space, as well as emerging technology venture capital funds. Avista Corporation was founded in 1889 and is headquartered in Spokane, Washington.

Corporate Governance

Avista Corporation’s ISS Governance QualityScore as of November 1, 2017 is 2. The pillar scores are Audit: 2; Board: 3; Shareholder Rights: 3; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.