PGE Announces CEO Succession Plan
July 28 2017 - 8:00AM
Business Wire
Jim Piro, president and CEO notified the board of directors on
July 26, 2017 of his decision to retire from Portland General
Electric on Dec. 31. As part of the company’s leadership succession
plan, the board of directors has appointed Maria Pope, senior vice
president of Power Supply, Operations and Resource Strategy, to
succeed Piro. Pope will assume the role of company president on
Oct. 1, 2017, and the role of CEO and member of the board of
directors effective Jan. 1, 2018.
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Maria Pope, senior vice president of
Power Supply, Operations and Resource Strategy (Photo: Business
Wire)
Piro, who joined PGE in 1980 as an engineer, has more than 40
years' experience in the energy industry, 37 years with PGE. As
CEO, he oversaw the addition of new and more efficient generating
resources – including Biglow Canyon phases II and III and Tucannon
River wind farms, two natural gas-fired plants in Clatskanie and
Boardman, Ore., which are designed to ensure we meet our customers’
energy needs affordably and reliably. Under his leadership, PGE has
strengthened the company’s transmission and distribution
infrastructure to ensure a smart, secure and resilient system. Piro
has also been a prominent voice within the utility industry
nationally and in the Oregon community, serving on the state’s
Global Warming Commission and Science, Technology, Engineering and
Math (STEM) Investment Council and the boards of the Oregon
Business Council, All Hands Raised, Greater Portland Inc., Oregon
State University Foundation, the PGE Foundation and the Edison
Electric Institute. He is also a member of the Electrification
Coalition, a national group of business leaders advocating for
policies that support electric vehicles.
“Jim Piro has been an exemplary leader for PGE over the past
eight years as he assumed the role in the midst of an economic
downturn and then led the company through sustained growth, setting
the stage for opportunities that lie ahead,” said Jack Davis,
chairman of the PGE Board of Directors. “Among his many
achievements, Jim’s unwavering commitment to operational excellence
propelled the company to deliver value to customers, the Oregon
community and shareholders.”
“It’s been an honor to lead PGE’s exceptional team of employees
for nearly a decade, working to enhance our customer service,
strengthen the reliability and resiliency of our system and invest
in diverse and flexible generating resources to meet our customers
growing energy needs,” said Piro. “This transition comes at a time
of important evolution for PGE as we work to deliver a clean,
reliable and secure energy future for our customers. I’m pleased to
have a leader of Maria’s capabilities who can continue to champion
the interests of our customers and community and ensure we have a
seamless transition.”
"Maria is the right person to lead PGE into the future,” said
Davis. “She has broad experience across multiple industries, a
track record of success and, most importantly, a deep understanding
of our customers’ needs and the energy business.”
Pope currently serves as senior vice president of Power Supply,
Operations and Resource Strategy at PGE, overseeing PGE's energy
supply portfolio, 15 thermal, hydro and wind generation plants, and
long-term resource strategy. She joined the company in 2009 as
senior vice president of Finance, CFO and treasurer after having
served several years on the PGE Board of Directors. Prior to
joining PGE, Pope served as the CFO for Mentor Graphics and held a
variety of leadership positions at Pope & Talbot and Levi
Strauss & Co. Pope is a prominent community leader, appointed
by Oregon’s governor to chair the Oregon Health & Science
University Governing board. She also serves on the board of Umpqua
Holdings Corporation and has previously served on several other
U.S. and Canadian boards. Pope is an alumna of the Stanford
Graduate School of Business and earned her bachelor's degree from
Georgetown University.
“I’m honored to be selected to carry on PGE’s proud 128-year
tradition of service and commitment to Oregon,” said Maria Pope.
“As our industry undergoes a period of rapid transformation and
technological advances, our customers can depend on PGE to continue
to serve them well and lead the way toward a clean energy
future.”
About Portland General Electric Company: Portland General
Electric Company (NYSE: POR) is a fully integrated energy company
based in Portland, Ore., serving 872,000 customers in 51 cities.
For more than 125 years, PGE has been delivering safe, reliable
energy to Oregonians. With approximately 2,750 employees across the
state, PGE is committed to building a cleaner, more efficient
energy future. Together with its customers, PGE has the number one
voluntary renewable energy program in the U.S. For more information
visit PortlandGeneral.com.
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Portland General Electric CompanyMelanie Moir,
503-464-8790Melanie.Moir@pgn.com
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