Portland General Electric Co filed SEC Form 8-K: Leadership Update
$POR
Electric Utilities: Central
Utilities
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 11, 2025
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 11, 2025, the Board of Directors (the Board) of Portland General Electric Company (the Company) elected Renée James to serve as a director of the Company, effective June 11, 2025, until the next annual meeting of shareholders. The Board also appointed Ms. James to serve on the Compensation, Culture and Talent Committee and the Finance and Operations Committee of the Board.
Ms. James is the founder and current Chairman and CEO of Ampere Computing. Ms. James currently serves on the Boards of Directors at Ampere Computing LLC and Citigroup, Inc.
There are no arrangements or understandings between Ms. James and any other persons pursuant to which she was selected as a director, and Ms. James is not a party to any transaction with the Company that would require disclosure under Item 404(a) of Regulation S-K.
Ms. James will be compensated in accordance with the Company’s standard compensation policies and practices for non-employee directors of the Board, as most recently described in the Company’s proxy statement filed with the Securities and Exchange Commission on March 5, 2025. Such policies and practices are subject to change from time to time.
The Company intends to enter into an indemnification agreement with Ms. James, consistent with its standard form of agreement filed as Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q filed October 27, 2023.
SIGNATURE
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 thereunto duly authorized.
| PORTLAND GENERAL ELECTRIC COMPANY | ||||||||||||||
| (Registrant) | ||||||||||||||
| Date: | June 11, 2025 | By: | /s/ Joseph R. Trpik | |||||||||||
| Joseph R. Trpik | ||||||||||||||
| Senior Vice President, Finance and Chief Financial Officer | ||||||||||||||
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