Avista Management

Management criteria checks 3/4

Avista's CEO is Dennis Vermillion, appointed in Oct 2019, has a tenure of 4.5 years. total yearly compensation is $5.23M, comprised of 16.8% salary and 83.2% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth $4.55M. The average tenure of the management team and the board of directors is 1.6 years and 7.7 years respectively.

Key information

Dennis Vermillion

Chief executive officer

US$5.2m

Total compensation

CEO salary percentage	16.8%
CEO tenure	4.5yrs
CEO ownership	0.2%
Management average tenure	1.6yrs
Board average tenure	7.7yrs

Recent management updates

Recent updates

Avista: Ahead In The Renewables Transition, With Undervalued Shares And Generous Yield

Jan 09

Avista Is A Solid Long-Term Buy

Dec 11

Be Wary Of Avista (NYSE:AVA) And Its Returns On Capital

Dec 05

Avista (NYSE:AVA) Has No Shortage Of Debt

Nov 08

Avista: Holding Up Pretty Well, But Still Has Attractive Valuation Vs. Peers

Oct 27

An Intrinsic Calculation For Avista Corporation (NYSE:AVA) Suggests It's 20% Undervalued

Oct 25

Avista (NYSE:AVA) May Have Issues Allocating Its Capital

Aug 29

Avista: Good Utility And Attractive Total Return Potential

Aug 22

Avista (NYSE:AVA) Use Of Debt Could Be Considered Risky

Jul 28

Calculating The Fair Value Of Avista Corporation (NYSE:AVA)

Jul 08

Avista Corporation: Renewable Energy Transformation Expanding Cash Flow Capabilities

Jun 09

A Look At The Intrinsic Value Of Avista Corporation (NYSE:AVA)

Mar 31

Here's Why Avista (NYSE:AVA) Is Weighed Down By Its Debt Load

Mar 18

Avista Q4 2022 Earnings Preview

Feb 21

Avista's (NYSE:AVA) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 06

Avista raises dividend by 4.5% to $0.46/share

Feb 03

Avista (NYSE:AVA) Could Be Struggling To Allocate Capital

Jan 19

Avista: Buy This High-Yielding Utility On Dips

Dec 28

Calculating The Intrinsic Value Of Avista Corporation (NYSE:AVA)

Dec 19

Avista (NYSE:AVA) Use Of Debt Could Be Considered Risky

Nov 17

Avista Q3 2022 Earnings Preview

Oct 31

Avista (NYSE:AVA) Is Reinvesting At Lower Rates Of Return

Oct 11

Avista Corporation: Still Overpriced But May Be Attracting ESG Money

Oct 10

Is Avista (NYSE:AVA) Using Too Much Debt?

Aug 15

Avista GAAP EPS of $0.16 misses by $0.01, revenue of $368.52M beats by $58.73M, confirms FY earning guidance

Aug 03

A Look At The Fair Value Of Avista Corporation (NYSE:AVA)

Jul 29

Avista Corporation: Getting More Expensive Due To ESG But Still Attractive

Jul 25

Avista (NYSE:AVA) Will Want To Turn Around Its Return Trends

Jul 11

Here's Why Avista (NYSE:AVA) Is Weighed Down By Its Debt Load

May 13

Are Investors Undervaluing Avista Corporation (NYSE:AVA) By 21%?

Apr 28

Returns On Capital At Avista (NYSE:AVA) Paint A Concerning Picture

Apr 12

CEO Compensation Analysis

How has Dennis Vermillion's remuneration changed compared to Avista's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$5m	US$879k	US$171m
Sep 30 2023	n/a	n/a	US$165m
Jun 30 2023	n/a	n/a	US$144m
Mar 31 2023	n/a	n/a	US$138m
Dec 31 2022	US$5m	US$838k	US$155m
Sep 30 2022	n/a	n/a	US$128m
Jun 30 2022	n/a	n/a	US$148m
Mar 31 2022	n/a	n/a	US$151m
Dec 31 2021	US$5m	US$769k	US$147m
Sep 30 2021	n/a	n/a	US$155m
Jun 30 2021	n/a	n/a	US$146m
Mar 31 2021	n/a	n/a	US$149m
Dec 31 2020	US$5m	US$738k	US$129m
Sep 30 2020	n/a	n/a	US$122m
Jun 30 2020	n/a	n/a	US$122m
Mar 31 2020	n/a	n/a	US$130m
Dec 31 2019	US$2m	US$526k	US$197m
Sep 30 2019	n/a	n/a	US$192m
Jun 30 2019	n/a	n/a	US$197m
Mar 31 2019	n/a	n/a	US$197m
Dec 31 2018	US$1m	US$431k	US$136m
Sep 30 2018	n/a	n/a	US$118m
Jun 30 2018	n/a	n/a	US$112m
Mar 31 2018	n/a	n/a	US$109m
Dec 31 2017	US$2m	US$407k	US$116m

Compensation vs Market: Dennis's total compensation ($USD5.23M) is about average for companies of similar size in the US market ($USD6.57M).

Compensation vs Earnings: Dennis's compensation has been consistent with company performance over the past year.

CEO

Dennis Vermillion (61 yo)

4.5yrs

Tenure

US$5,229,962

Compensation

Mr. Dennis P. Vermillion has been the President and Director of Avista Corporation since January 1, 2018 and also served as its Chief Executive Officer since October 1, 2019 until October 1, 2023. He joine...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Dennis Vermillion	CEO & Director	4.5yrs	US$5.23m	0.16% $ 4.5m
Heather Rosentrater	President & COO	1.6yrs	US$1.33m	0.030% $ 826.2k
Kevin Christie	CFO, Treasurer & Senior VP of Regulatory Affairs	less than a year	US$1.24m	0.031% $ 862.9k
Wayne Manuel	VP, Chief Information Officer & Chief Security Officer	less than a year	US$908.98k	0.0032% $ 88.2k
Ryan Krasselt	VP, Controller & Principal Accounting Officer	8.5yrs	no data	0.034% $ 953.9k
Gregory Hesler	Senior VP	4.3yrs	no data	0.018% $ 513.3k
Bryan Cox	Senior VP of Safety & Chief People Officer	4.3yrs	no data	0.019% $ 522.4k
David Meyer	VP and Chief Counsel for Regulatory & Government Affairs	20.2yrs	US$519.93k	0.010% $ 279.0k
Latisha Hill	VP of Community Affairs & Chief Customer Officer	1.3yrs	no data	0.017% $ 478.8k
Joshua Diluciano	Vice President of Energy Delivery	1.6yrs	no data	0.0091% $ 254.0k
Scott Kinney	Vice President of Energy Resources	1.6yrs	no data	0.012% $ 332.4k
Alec J. Mesdag	President & CEO of Alaska Electric Power and Light Co.	1.3yrs	no data	no data

1.6yrs

Average Tenure

51yo

Average Age

Experienced Management: AVA's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Dennis Vermillion	CEO & Director	6.3yrs	US$5.23m	0.16% $ 4.5m
Heidi Stanley	Independent Director	17.9yrs	US$218.00k	0.038% $ 1.1m
Scott Morris	Non Executive Chairman	17.2yrs	US$321.67k	0.15% $ 4.3m
Donald Burke	Independent Vice Chairman of the Board	12.7yrs	US$261.67k	0.033% $ 911.1k
Rebecca Klein	Independent Director	13.9yrs	US$236.67k	0.025% $ 693.5k
Janet Widmann	Independent Director	9.7yrs	US$236.67k	0.025% $ 702.7k
Jeffry Philipps	Independent Director	4.4yrs	US$221.67k	0.013% $ 373.3k
Scott Maw	Independent Director	7.7yrs	US$231.50k	0.029% $ 816.5k
Sena Kwawu	Independent Director	2.9yrs	US$231.67k	0.010% $ 283.7k
Kevin Jacobsen	Independent Director	less than a year	US$148.33k	0.0054% $ 149.9k
Julie Bentz	Independent Director	2.4yrs	US$221.67k	0.0081% $ 226.7k

7.7yrs

Average Tenure

58yo

Average Age

Experienced Board: AVA's board of directors are considered experienced (7.7 years average tenure).

Avista Management

Management criteria checks 3/4

Key information

Recent management updates

Avista Corporation Announces Executive Changes, Effective October 1, 2023

Executive Vice President recently sold US$1.9m worth of stock

Avista Corporation Announces Executive Changes

Insider recently sold US$105k worth of stock

CEO, President & Director exercised options and sold US$168k worth of stock

Avista Corporation Announces Retirement of Kristianne Blake as Member of the Board of Directors, Effective on May 11, 2023

Recent updates

Now 20% undervalued after recent price drop

Avista Corporation to Report Q1, 2024 Results on May 01, 2024

These 4 Measures Indicate That Avista (NYSE:AVA) Is Using Debt Extensively

Now 21% undervalued after recent price drop

Avista (NYSE:AVA) May Have Issues Allocating Its Capital

Full year 2023 earnings: EPS and revenues miss analyst expectations

Avista Corp. Provides Earnings Guidance for 2024

A Look At The Fair Value Of Avista Corporation (NYSE:AVA)

Upcoming dividend of US$0.47 per share at 5.5% yield

Now 22% undervalued after recent price drop

Third quarter dividend increased to US$0.47

Avista Corp. Increases Common Stock Dividend, Payable on March 15, 2024

What Avista Corporation's (NYSE:AVA) P/E Is Not Telling You

Avista Corporation to Report Q4, 2023 Results on Feb 21, 2024

Avista: Ahead In The Renewables Transition, With Undervalued Shares And Generous Yield

Avista Is A Solid Long-Term Buy

Be Wary Of Avista (NYSE:AVA) And Its Returns On Capital

Avista Corporation Updates on Lawsuit

Upcoming dividend of US$0.46 per share at 5.4% yield

Avista (NYSE:AVA) Has No Shortage Of Debt

Avista Corp. Board Declares Common Stock Dividend, payable December 15, 2023

Avista Corporation Revises Consolidated Earnings Guidance for the Year 2023

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Avista: Holding Up Pretty Well, But Still Has Attractive Valuation Vs. Peers

An Intrinsic Calculation For Avista Corporation (NYSE:AVA) Suggests It's 20% Undervalued

Now 20% undervalued after recent price drop

Avista Corporation to Report Q3, 2023 Results on Nov 01, 2023

Price target decreased by 7.5% to US$37.00

Now 20% undervalued after recent price drop

Avista Corporation Announces Executive Changes, Effective October 1, 2023

Avista (NYSE:AVA) May Have Issues Allocating Its Capital

Avista: Good Utility And Attractive Total Return Potential

Upcoming dividend of US$0.46 per share at 5.0% yield

Avista Reaches All-Party, All-Issues Settlement in Oregon General Rate Case

Avista Corporation Provides Consolidated Earnings Guidance for the Year of 2023

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Avista (NYSE:AVA) Use Of Debt Could Be Considered Risky

Calculating The Fair Value Of Avista Corporation (NYSE:AVA)

Avista Corporation to Report Q2, 2023 Results on Aug 02, 2023

Avista Corporation: Renewable Energy Transformation Expanding Cash Flow Capabilities

Executive Vice President recently sold US$1.9m worth of stock

Upcoming dividend of US$0.46 per share at 4.3% yield

Avista Corporation Declares Quarterly Dividend, Payable June 15, 2023

Avista Corporation Announces Executive Changes

First quarter 2023 earnings: EPS and revenues miss analyst expectations

A Look At The Intrinsic Value Of Avista Corporation (NYSE:AVA)

Here's Why Avista (NYSE:AVA) Is Weighed Down By Its Debt Load

Insider recently sold US$105k worth of stock

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Avista Q4 2022 Earnings Preview

Upcoming dividend of US$0.46 per share at 4.3% yield

Avista's (NYSE:AVA) Shareholders Will Receive A Bigger Dividend Than Last Year

Avista Corp. Board Increases Common Stock Dividend, Payable on March 15, 2023

Avista raises dividend by 4.5% to $0.46/share

Avista (NYSE:AVA) Could Be Struggling To Allocate Capital

CEO, President & Director exercised options and sold US$168k worth of stock

Avista Corporation to Report Q4, 2022 Results on Feb 22, 2023

Avista Corporation Announces Retirement of Kristianne Blake as Member of the Board of Directors, Effective on May 11, 2023

Avista: Buy This High-Yielding Utility On Dips

Calculating The Intrinsic Value Of Avista Corporation (NYSE:AVA)

Avista (NYSE:AVA) Use Of Debt Could Be Considered Risky

Upcoming dividend of US$0.44 per share

Avista Corp. Board Declares Common Stock Dividend, Payable on December 15, 2022

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Avista Corporation Revises Earnings Guidance for the Year 2022 and 2023

Avista Q3 2022 Earnings Preview

Avista Corporation to Report Q3, 2022 Results on Nov 01, 2022

Avista (NYSE:AVA) Is Reinvesting At Lower Rates Of Return

Avista Corporation: Still Overpriced But May Be Attracting ESG Money