BOISE, Idaho, USA – IDACORP, Inc. (NYSE: IDA) announced following today’s meeting of its Board of Directors the appointment of Ronald W. Jibson and Darrel T. Anderson to serve on the boards of directors of IDACORP and Idaho Power. Jibson is Chairman, President and Chief Executive Officer of Questar Corporation. Anderson is Executive Vice President – Administrative Services and Chief Financial Officer of IDACORP and President and Chief Financial Officer of Idaho Power.
Jibson is a 32 year Questar employee. Previously in his career, he held multiple positions with Questar Gas Company, including president and CEO, executive vice president, and vice president of operations. Questar Gas Company provides natural gas services to about 900,000 customers in Utah, southern Idaho and southwestern Wyoming.
Anderson has worked for Idaho Power since 1996 and IDACORP since its inception in 1998. Prior to his current appointments, Anderson served as Idaho Power’s senior vice president of administrative services and CFO, vice president, CFO and treasurer, vice president of finance and as a controller in the finance department.
“Ron and Darrel are both extremely accomplished professionals, and outstanding additions to our boards,” said Keen. “Their extensive experience and expertise in the energy sector and in engineering and finance make them great additions for advancing the companies’ current goals and long-term objectives.”
IDACORP and Idaho Power Board Chairman Robert Tinstman weighed in on the new appointments as well. “Both new board members have deep roots in the Mountain West, which gives them a great understanding of our region and its unique characteristics, from both a system and a customer perspective. We are fortunate to welcome business leaders of Ron’s and Darrel’s caliber to our boards.”
In addition to his professional experience, Jibson’s industry involvement includes positions as chairman of the American Gas Association, immediate past chairman of the Western Energy Institute, and board member of the Gas Technology Institute. He has also serves on several charitable/educational boards. Jibson is chairman of the Utah State University Board of Trustees, vice-chair of the Salt Lake Chamber Board of Directors, board member of the Economic Development Corporation, and board member of the Utah Symphony/Utah Opera. Jibson graduated from Utah State University with a Bachelor of Science in Civil Engineering, and later received a Masters of Business Administration from Westminster College. He is a licensed professional engineer in the state of Utah.
In addition to his professional affiliations, Anderson’s philanthropic activities include his role as vice president of the board of the Women’s and Children’s Alliance, and board memberships on the Saint Alphonsus Health System and the Oregon State University Business Advisory Council. Anderson graduated from Oregon State University with a Bachelor of Science in Accounting and Finance, and completed the Harvard Graduate School of Business Advanced Management Program. He is a licensed Certified Public Accountant in Oregon (retired). He holds directorships with the Edison Electric Institute and the State of Idaho Workforce Development Council.
About IDACORP and Idaho Power Company
IDACORP, Inc. (NYSE: IDA) is based in Boise, Idaho and was formed in 1998 as a holding company. IDACORP subsidiaries include: Idaho Power Company, a regulated electric utility; IDACORP Financial, an investor in affordable housing projects and real estate; and Ida-West Energy, an operator of small hydroelectric projects. IDACORP’s origins lie with Idaho Power Company and operations beginning in 1916. Today, Idaho Power Company employs approximately 2,000 people who serve more than 500,000 customers throughout a 24,000-square-mile area in southern Idaho and eastern Oregon.
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