PORTLAND, Ore., June 11,
2025 /PRNewswire/ -- Renée James has been appointed
to the Portland General Electric (NYSE:POR) ("PGE" or the
"Company") board of directors, effective June 11, 2025.
"We are pleased to welcome Renée to the PGE Board," said
Jim Torgerson, chair of PGE's board
of directors. "Renée brings valuable experience from the technology
sector at a time when reshoring and onshoring of high-tech and
semiconductor manufacturing are driving growth in our
industry."
Renée James is the founder, Chair and CEO of Portland based Ampere Computing. Previously,
she held a variety of leadership positions at Intel Corporation,
including serving as President as well as the Executive Vice
President to lead research and development and global manufacturing
operations.
James has vast, global operating experience in both hardware and
software development and manufacturing of semiconductors. She has
led several development sites around the globe as well as directed
Intel's government affairs in those regions. She holds a BA and MBA
from the University of Oregon. She
currently serves on the board of Citigroup, Inc.
James will serve on Portland General Electric's Compensation,
Culture and Talent Committee and the Finance and Operations
Committee.
About Portland General Electric Company
Portland
General Electric (NYSE: POR) is an integrated energy company that
generates, transmits and distributes electricity to nearly 950,000
customers serving an area of 1.9 million Oregonians. Since 1889,
Portland General Electric (PGE) has been powering social progress,
delivering safe, affordable, reliable and increasingly clean
electricity while working to transform energy systems to meet
evolving customer needs. PGE customers have set the standard for
prioritizing clean energy with the No. 1 voluntary renewable energy
program in the country. PGE was ranked the No. 1 utility in the
2024 Forrester U.S. Customer Experience Index and is committed to
reducing emissions from its retail power supply by 80% by 2030 and
100% by 2040. In 2024, PGE employees, retirees and the PGE
Foundation donated $5.5 million and
volunteered nearly 23,000 hours to more than 480 nonprofit
organizations. For more information
visit www.PortlandGeneral.com/news
Contact Info:
PGE Communications,
PGECommunications@pgn.com; 503-464-2067
Acerca de la compañía Portland General Electric
Portland General Electric (NYSE: POR) es una empresa de energía
integrada que genera, transmite y distribuye electricidad a más de
950,000 clientes y presta servicio a un área de
1.9 millones de habitantes de Oregón. Desde 1889, Portland
General Electric (PGE) impulsa el avance de la sociedad al
suministrar energía eléctrica segura, económica, fiable y cada vez
más limpia, a la vez que trabaja para transformar los sistemas de
energía y satisfacer las necesidades cambiantes de los clientes.
Los clientes de PGE han establecido el estándar para la
priorización de la energía limpia, y tenemos el principal programa
de energía renovable voluntario del país. PGE se clasificó como la
empresa de servicios públicos número 1 en el índice Forrester
2024 de experiencia del cliente en EE. UU., y se compromete a
reducir las emisiones de su suministro eléctrico minorista en un
80 % para 2030 y en un 100 % para 2040. En 2024,
empleados, exempleados jubilados de PGE y la PGE Foundation
(Fundación PGE) donaron $5.5 millones y ofrecieron aproximadamente
23,000 horas de trabajo voluntario a más de
480 organizaciones sin fines de lucro. Para obtener más
información, visite www.PortlandGeneral.com/news.
Información de contacto:
PGE Communications (Comunicaciones de PGE),
PGECommunications@pgn.com; 503-464-2067
Safe Harbor Statement
Statements in this press release
that relate to future plans, objectives, expectations, performance,
events and the like may constitute "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995, Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements include statements regarding the
company's investments in projects that advance its decarbonization
strategy and other sustainability goals as well as other statements
containing words such as "anticipates," "believes," "intends,"
"estimates," "promises," "expects," "should," "conditioned upon,"
and similar expressions. Investors are cautioned that any such
forward-looking statements are subject to risks and uncertainties,
including, without limitation: demand for electricity; the sale of
excess energy during periods of low demand or low wholesale market
prices; operational risks relating to the Company's generation
facilities, including hydro conditions, wind conditions, disruption
of fuel supply, and unscheduled plant outages, which may result in
unanticipated operating, maintenance and repair costs, as well as
replacement power costs; trade tariffs and related market
volatility and supply chain disruptions; failure to complete
capital projects on schedule or within budget, or the abandonment
of capital projects, which could result in the Company's inability
to recover project costs; the costs of compliance with
environmental laws and regulations, including those that govern
emissions from thermal power plants; changes in weather,
hydroelectric and energy markets conditions, which could affect the
availability and cost of purchased power and fuel; the development
of alternative technologies; changes in capital and credit market
conditions, which could affect the access to and availability of
cost of capital and result in delay or cancellation of capital
projects or execution of the Company's strategic plan as currently
envisioned; the outcome of various legal and regulatory actions;
general economic and financial market conditions; severe weather
conditions, wildfires, and other natural phenomena and natural
disasters that could result in operational disruptions,
unanticipated restoration costs, or liability for third party
property damage; cyber security breaches of the Company's customer
information system or operating systems, data security breaches, or
acts of terrorism, which could disrupt operations, require
significant expenditures, or result in claims against the Company;
PGE business activities are concentrated in one region and future
performance may be affected by events and factors unique to
Oregon; and widespread health
emergencies or outbreaks of infectious diseases, which may affect
our financial position, results of operations and cash flows. As a
result, actual results may differ materially from those projected
in the forward-looking statements.
CONTACT:
PGE Communications Team
pgecommunications@pgn.com
503.464.2067
Source: Portland General Company
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SOURCE Portland General Company