Portland General Electric (POR) Misses Q2 EPS by 8c; Maria Pope to Succeed Jim Piro as CEO

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Go back to Portland General Electric (POR) Misses Q2 EPS by 8c; Maria Pope to Succeed Jim Piro as CEO

Portland General Electric Announces Second Quarter 2017 Results

July 28, 2017 8:00 AM EDT

CEO succession plan implemented

Jim Piro, president and Chief Executive Officer, to retire at the end of 2017. Maria Pope, senior vice president, Power Supply, Operations and Resource Strategy, to become president Oct. 1 and succeed Piro effective Jan. 1 Second quarter results reflect strong retail deliveries due to favorable weather and customer growth, offset by lower wind generation and restoration costs for a severe April wind storm Integrated Resource Planning continues: Several options identified to meet the companys future capacity needs as the result of... More