Avista Corp. Announces Executive and Director Changes

Ticker: AVA · Form: 8-K · Filed: Aug 26, 2024 · CIK: 104918

Avista Corp 8-K Filing Summary
FieldDetail
CompanyAvista Corp (AVA)
Form Type8-K
Filed DateAug 26, 2024
Risk Levelmedium
Pages2
Reading Time3 min
Sentimentneutral

Sentiment: neutral

Topics: management-change, governance, officer-appointment, director-election

TL;DR

Avista Corp. shakes up execs and board, effective Aug 22.

AI Summary

Avista Corp. announced on August 22, 2024, changes in its executive team and board of directors. Specifically, the company reported the departure of certain officers and directors, the election of new directors, and adjustments to compensatory arrangements for its key executives. These changes are effective as of August 22, 2024.

Why It Matters

Changes in executive leadership and board composition can signal shifts in company strategy, operational focus, or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Executive and board changes can introduce uncertainty regarding future strategy and leadership stability.

Key Numbers

  • 001-03701 — SEC File Number (Identifies Avista Corp.'s filing with the SEC.)
  • 91-0462470 — IRS Employer Identification No. (Avista Corp.'s tax identification number.)

Key Players & Entities

  • AVISTA CORP (company) — Registrant
  • August 22, 2024 (date) — Date of earliest event reported
  • 1411 East Mission Avenue (location) — Principal Executive Offices Address
  • Spokane, Washington (location) — Principal Executive Offices City and State
  • 99202-2600 (location) — Principal Executive Offices Zip Code

FAQ

What specific roles have been affected by the departures and appointments at Avista Corp.?

The filing indicates the "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers" but does not specify the exact roles in this section of the 8-K.

Are there any details on the new compensatory arrangements for the officers?

The filing mentions "Compensatory Arrangements of Certain Officers" as an item being reported, but the specific details of these arrangements are not provided in the initial summary of the 8-K.

When were these changes officially reported to the SEC?

The report was filed on August 26, 2024, and the earliest event reported is dated August 22, 2024.

What is Avista Corp.'s primary business sector?

Avista Corp. is in the "ELECTRIC & OTHER SERVICES COMBINED" sector, with SIC code 4931.

Has Avista Corp. undergone a name change previously?

Yes, Avista Corp. was formerly known as WASHINGTON WATER POWER CO, with a date of name change on July 3, 1992.

Filing Stats: 649 words · 3 min read · ~2 pages · Grade level 11.5 · Accepted 2024-08-26 16:05:47

Filing Documents

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits 99.1 Press release dated August 26, 2024, which is being filed pursuant to Item 5.02 . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) Neither the filing of such press release as an exhibit to this Current Report nor the inclusion in such press release of a reference to Avista Corp.'s internet website shall, under any circumstances, be deemed to incorporate the information available at such website into this Current Report. The information available at Avista Corp.'s internet website is not part of this Current Report or any other report furnished or filed by Avista Corp. with the Securities and Exchange Commission.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Avista Corporation (Registrant) Date: August 26, 2024 By: /s/ Gregory C. Hesler Gregory C. Hesler Senior Vice President, General Counsel, Corporate Secretary and Chief Ethics/Compliance Officer

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