Portland General Electric announces CEO succession plan

Portland, OR, Nov. 3, 2008 — Portland General Electric Co. announced the appointment of Jim Piro as CEO and president of PGE effective January 1, 2009.

Peggy Fowler, who has held the CEO and president position since April 2000, will retire as CEO on March 1, 2009, but will continue to play an active role as a member of the PGE board of directors.

Piro brings to his new role as CEO and president 35 years of utility experience and 28 years with PGE. Prior to becoming CFO, he held many positions at PGE including roles in the areas of engineering, regulation and planning. He has been involved integrally in the strategic and operational initiatives of the company. He began his PGE career as a civil engineer in generation engineering. He also managed the departments of economic analysis and strategic planning support. Piro became executive vice president of finance in May 2001 and has served as CFO since November 2000. Piro is active in the community serving on the governor of Oregon’s governance transportation subcommittee, the board of LifeWorks Northwest, and the advisory board of FM Global. He also serves as treasurer of the PGE Foundation, the corporate foundation of Portland General Electric.

Fowler joined PGE in 1974 and has held the position of CEO since April 2000. Prior to assuming that position, she managed almost every major area of the company in her tenure with PGE. After 35 years with PGE, she is retiring to pursue other opportunities in business and the community.

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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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