IDACORP, Inc. and Idaho Power Company Executive Officers Amended and Restated Change in Control Agreements (as of April 30, 2020)
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Change of Control Agreements
Summary
IDACORP, Inc. and Idaho Power Company have entered into amended and restated change in control agreements with several executive officers, including their CEOs, CFO, and other senior leaders. These agreements outline the terms and protections for executives if there is a change in control of the company, such as potential severance or other benefits. Some agreements do not include certain provisions like a 13th-month trigger or tax gross-up. The agreements are designed to provide stability and clarity for executives during significant corporate changes.
EX-10.1 2 ida33120ex101.htm IDACORP AND IDAHO POWER EXECUTIVE OFFICERS WITH AMENDED AND RESTATED CHANGE IN Exhibit
Exhibit 10.1
IDACORP, Inc. and/or Idaho Power Company Executive Officers
with Amended and Restated Change in Control Agreements
(as of April 30, 2020)
Name | Title | Date of Agreement | ||
Ryan Adelman* | Vice President, Transmission & Distribution Engineering and Construction of Idaho Power Company | 10/5/2019 | ||
Darrel T. Anderson | President and Chief Executive Officer of IDACORP, Inc. and Chief Executive Officer of Idaho Power Company | 12/23/2008 | ||
Brian R. Buckham* | Senior Vice President and General Counsel of IDACORP, Inc. and Idaho Power Company | 4/4/2016 | ||
Sarah E. Griffin* | Vice President, Human Resources of Idaho Power Company | 10/5/2019 | ||
Lisa A. Grow | President of Idaho Power Company | 12/12/2008 | ||
James Bo D. Hanchey* | Vice President, Customer Operations and Chief Safety Officer of Idaho Power Company | 10/5/2019 | ||
Tom Harvey* | Vice President of Power Supply of Idaho Power Company | 3/10/2020 | ||
Steven R. Keen | Senior Vice President and Chief Financial Officer of IDACORP, Inc. and Idaho Power Company | 12/30/2008 | ||
Jeffrey L. Malmen | Senior Vice President of Public Affairs of IDACORP, Inc. and Idaho Power Company | 12/8/2008 | ||
Kenneth W. Petersen* | Vice President, Chief Accounting Officer and Treasurer of IDACORP, Inc. and Idaho Power Company | 5/20/2010 | ||
Adam Richins* | Senior Vice President & Chief Operating Officer of Idaho Power Company | 2/8/2017 | ||
*Change in control agreement does not include 13th-month trigger or tax gross-up provisions.
