IDACORP Management

Management criteria checks 2/4

IDACORP's CEO is Lisa Grow, appointed in Jun 2020, has a tenure of 3.83 years. total yearly compensation is $7.37M, comprised of 12.5% salary and 87.5% bonuses, including company stock and options. directly owns 0.098% of the company’s shares, worth €4.36M. The average tenure of the management team and the board of directors is 3.8 years and 5.7 years respectively.

Key information

Lisa Grow

Chief executive officer

US$7.4m

Total compensation

CEO salary percentage	12.5%
CEO tenure	3.8yrs
CEO ownership	0.1%
Management average tenure	3.8yrs
Board average tenure	5.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Lisa Grow's remuneration changed compared to IDACORP's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$7m	US$920k	US$261m
Sep 30 2023	n/a	n/a	US$272m
Jun 30 2023	n/a	n/a	US$273m
Mar 31 2023	n/a	n/a	US$269m
Dec 31 2022	US$4m	US$850k	US$259m
Sep 30 2022	n/a	n/a	US$250m
Jun 30 2022	n/a	n/a	US$241m
Mar 31 2022	n/a	n/a	US$247m
Dec 31 2021	US$6m	US$775k	US$246m
Sep 30 2021	n/a	n/a	US$250m
Jun 30 2021	n/a	n/a	US$254m
Mar 31 2021	n/a	n/a	US$245m
Dec 31 2020	US$6m	US$698k	US$237m
Sep 30 2020	n/a	n/a	US$247m
Jun 30 2020	n/a	n/a	US$235m
Mar 31 2020	n/a	n/a	US$228m
Dec 31 2019	US$4m	US$515k	US$233m
Sep 30 2019	n/a	n/a	US$212m
Jun 30 2019	n/a	n/a	US$224m
Mar 31 2019	n/a	n/a	US$233m
Dec 31 2018	US$2m	US$443k	US$227m
Sep 30 2018	n/a	n/a	US$240m
Jun 30 2018	n/a	n/a	US$228m
Mar 31 2018	n/a	n/a	US$215m
Dec 31 2017	US$2m	US$398k	US$212m

Compensation vs Market: Lisa's total compensation ($USD7.37M) is above average for companies of similar size in the German market ($USD2.56M).

Compensation vs Earnings: Lisa's compensation has increased by more than 20% in the past year.

CEO

Lisa Grow (58 yo)

3.8yrs

Tenure

US$7,372,970

Compensation

Ms. Lisa A. Grow has been the Chief Executive Officer and President of IDACORP, Inc. since June 1, 2020 and serves as its Director since February 13, 2020. She served as President at Idaho Power Company si...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Lisa Grow	CEO, President & Director	3.8yrs	US$7.37m	0.098% $ 4.4m
Brian Buckham	Senior VP	2.1yrs	US$2.37m	0.036% $ 1.6m
Jeffrey Malmen	Senior Vice President of Public Affairs	no data	US$2.01m	0.038% $ 1.7m
Adam Richins	Senior VP & COO of Idaho Power	no data	US$2.61m	0.026% $ 1.2m
Kenneth Petersen	Vice President	no data	US$1.42m	0.036% $ 1.6m
Jason Huszar	VP of Information Technology & Chief Information Officer	4.3yrs	no data	no data
Julia Hilton	VP & General Counsel	1.1yrs	no data	0.0049% $ 218.0k
Amy Shaw	Vice President of Finance	less than a year	no data	0.00083% $ 37.1k
Sarah Griffin	Vice President of Human Resources for Idaho Power.	no data	no data	0.0068% $ 302.9k
James Bo Hanchey	VP of Customer Operations & Chief Safety Officer for Idaho Power	4.5yrs	no data	0.0080% $ 357.4k
Patrick Harrington	Corporate Secretary	17.1yrs	no data	0.029% $ 1.3m

3.8yrs

Average Tenure

49yo

Average Age

Experienced Management: IDJ's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Lisa Grow	CEO, President & Director	4.2yrs	US$7.37m	0.098% $ 4.4m
Richard Navarro	Independent Director	9.2yrs	US$234.94k	0.029% $ 1.3m
Richard Dahl	Independent Chairman of the Board	15.6yrs	US$315.44k	0.025% $ 1.1m
Judith Johansen	Independent Director	17yrs	US$236.44k	no data
Ronald Jibson	Independent Director	10.6yrs	US$213.44k	0.030% $ 1.4m
Odette Bolano	Independent Director	3.6yrs	US$215.61k	0.011% $ 497.2k
Jeff Kinneeveauk	Independent Director	2.2yrs	US$216.94k	no data
Dennis Johnson	Independent Director	11.1yrs	US$225.44k	0.0045% $ 201.5k
Mark Peters	Independent Director	3.2yrs	US$214.94k	0.010% $ 457.0k
Susan Morris	Independent Director	less than a year	US$144.59k	0.0015% $ 68.8k
Annette Elg	Independent Director	7.2yrs	US$225.44k	0.0070% $ 314.9k
Nathan Jorgensen	Independent Director	less than a year	US$144.59k	0.0046% $ 207.7k

5.7yrs

Average Tenure

63yo

Average Age

Experienced Board: IDJ's board of directors are considered experienced (5.7 years average tenure).

IDACORP Management

Management criteria checks 2/4

Key information

Recent management updates

IDACORP, Inc., Annual General Meeting, May 16, 2024

IDACORP, Inc. Announces Resignation of Kenneth W. Petersen as Vice President, Chief Accounting Officer and Treasurer

High number of new directors

IDACORP, Inc. Announces Board Appointments

Independent Director recently sold €142k worth of stock

IDACORP, Inc. and Idaho Power Company Announce Retirement of Kenneth W. Petersen as Vice President, Chief Accounting Officer and Treasurer

Recent updates

IDACORP, Inc. to Report Q1, 2024 Results on May 02, 2024

Fourth quarter dividend of US$0.83 announced

IDACORP, Inc. Declares Dividend, Payable May 30, 2024

IDACORP, Inc., Annual General Meeting, May 16, 2024

Full year 2023 earnings released: EPS: US$5.15 (vs US$5.11 in FY 2022)

IDACORP, Inc. Provides Earnings Guidance for the Full-Year 2024

IDACORP, Inc. to Report Q4, 2023 Results on Feb 15, 2024

Upcoming dividend of US$0.83 per share at 3.6% yield

IDACORP, Inc. Declares Dividend, Payable on February 28, 2024

IDACORP, Inc. Announces Resignation of Kenneth W. Petersen as Vice President, Chief Accounting Officer and Treasurer

New minor risk - Shareholder dilution

IDACORP, Inc. has completed a Follow-on Equity Offering in the amount of $259.999987 million.

IDACORP, Inc. has filed a Follow-on Equity Offering in the amount of $260 million.

Third quarter 2023 earnings released: EPS: US$2.08 (vs US$2.10 in 3Q 2022)

IDACORP, Inc. Increases Earnings Guidance for the Year 2023

Upcoming dividend of US$0.83 per share at 3.4% yield

IDACORP, Inc. to Report Q3, 2023 Results on Nov 02, 2023

Idacorp, Inc. Increases Common Stock Dividend 5.1%

IDACORP, Inc. Reaffirms Earnings Guidance for the Full-Year 2023

Second quarter 2023 earnings released: EPS: US$1.35 (vs US$1.27 in 2Q 2022)

Upcoming dividend of US$0.79 per share at 3.0% yield

IDACORP, Inc. to Report Q2, 2023 Results on Aug 03, 2023

High number of new directors

IDACORP, Inc. Announces Board Appointments

Idacorp, Inc. Announces Earnings Guidance for Full Year 2023

First quarter 2023 earnings released: EPS: US$1.11 (vs US$0.91 in 1Q 2022)

Upcoming dividend of US$0.79 per share at 2.8% yield

Full year 2022 earnings released: EPS: US$5.11 (vs US$4.85 in FY 2021)

IDACORP, Inc. Provides Earnings Guidance for 2023

IDACORP, Inc. to Report Q4, 2022 Results on Feb 16, 2023

Upcoming dividend of US$0.79 per share at 3.0% yield

IDACORP, Inc. Declares Dividend, Payable on February 28, 2023

Independent Director recently sold €142k worth of stock

Third quarter 2022 earnings released: EPS: US$2.10 (vs US$1.93 in 3Q 2021)

IDACORP, Inc. Revises Earnings Guidance for the Year 2022

Upcoming dividend of US$0.79 per share

IDACORP, Inc. Declares Common Stock Dividend, Payable November 30, 2022

IDACORP, Inc. Increases Regular Quarterly Cash Dividend

Second quarter 2022 earnings released: EPS: US$1.27 (vs US$1.38 in 2Q 2021)

IDACORP, Inc. Revised Earnings Guidance for the Full Year of 2022

Upcoming dividend of US$0.75 per share

IDACORP, Inc. to Report Q2, 2022 Results on Aug 04, 2022

IDACORP, Inc. and Idaho Power Company Announce Retirement of Kenneth W. Petersen as Vice President, Chief Accounting Officer and Treasurer

First quarter 2022 earnings released: EPS: US$0.91 (vs US$0.89 in 1Q 2021)

IDACORP, Inc Provides Earnings and Production Guidance for the Year 2022

Upcoming dividend of US$0.75 per share

IDACORP, Inc. to Report Q1, 2022 Results on May 05, 2022

IDACORP, Inc., Annual General Meeting, May 19, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

IDACORP, Inc. Provides Earnings Guidance for the Full Year 2022

IDACORP, Inc. and Idaho Power Company Appoints Jeff C. Kinneeveauk as a Member of the Boards of Directors

IDACORP, Inc. to Report Q4, 2021 Results on Feb 17, 2022

Upcoming dividend of US$0.75 per share

IDACORP, Inc. (NYSE:IDA) entered into a non binding letter of agreement to acquire a 24% stake in Boardman to Hemingway Transmission Line Project from Bonneville Power Administration.

Third quarter 2021 earnings released: EPS US$1.93 (vs US$2.02 in 3Q 2020)

Upcoming dividend of US$0.75 per share

Second quarter 2021 earnings released: EPS US$1.38 (vs US$1.20 in 2Q 2020)

Upcoming dividend of US$0.71 per share

IDACORP, Inc.(NYSE:IDA) dropped from Russell 1000 Dynamic Index

Independent Director has left the company

First quarter 2021 earnings released: EPS US$0.89 (vs US$0.74 in 1Q 2020)

IDACORP, Inc. Affirms 2021 Earnings Guidance

Upcoming dividend of US$0.71 per share

Full year 2020 earnings released: EPS US$4.70 (vs US$4.61 in FY 2019)

Revenue beats expectations

IDACORP, Inc. and Idaho Power Company Appoint Mark Peters as Member of the Boards of Directors

New 90-day low: €71.00

IDACORP, Inc. to Report Q4, 2020 Results on Feb 18, 2021

IDACORP, Inc.(NYSE:IDA) dropped from Russell 2000 Defensive Index