Stories tagged: Scott Morris
UPDATED: Fri., Dec. 7, 2018, 11:50 a.m.
Avista Corp. remains a likely takeover target, even though the Spokane-based utility’s plan to be purchased by a Canadian company is apparently dead.
Sun., Nov. 25, 2018
Idaho regulators are raising tough questions about Avista Corp.’s sale to a Canadian utility, and their concerns have the potential to unravel the $5.3 billion deal.
Sun., Oct. 28, 2018, 5 a.m.
Rob Curley: How one defining moment in Avista CEO Scott Morris’ life helped him work through another – the proposed sale to Hydro One
Scott Morris is the CEO of Avista as it heads directly into one of the biggest and more important moments in the iconic Spokane company’s 128-year history: its pending $5.3 …
Sun., Oct. 28, 2018, 5 a.m.
Front & Center: Avista CEO Scott Morris discusses the utility’s proposed sale, his role and what it means to his hometown
Spokesman-Review Editor Rob Curley recently spoke with Avista CEO Scott Morris for a podcast that touched on several aspects of the company’s proposed sale to Hydro One Ltd., including what …
UPDATED: Wed., Sept. 26, 2018, 11:50 a.m.
Avista sale includes protections against Canadian government influence and rate hikes, consultant says
Avista Corp.’s proposed sale to Hydro One Ltd. has safeguards to protect local customers from Canadian government interference and rate hikes if Toronto-based utility runs into future financial troubles, says …
UPDATED: Wed., Sept. 26, 2018, 11:51 a.m.
Thirteen of Avista’s top executives will receive about $18 million in immediate payouts if the Spokane-based utility is sold to Hydro One Ltd., of Toronto.
UPDATED: Wed., July 11, 2018, 10:44 p.m.
Hydro One’s chief executive officer was ousted Wednesday by Ontario’s new premier, and the utility’s entire board of directors submitted resignations.
UPDATED: Wed., May 23, 2018, 2:31 p.m.
Washington regulators seek answers on foreign ownership, influence of Ontario politics on Avista’s future
Questions about foreign ownership and political influence were aired Tuesday during a regulatory hearing in Olympia on Avista’s proposed sale to the Canadian utility.
UPDATED: Tue., April 3, 2018, 7:01 p.m.
Scott Morris, Avista’s chairman and CEO, earned about $4.2 million in total compensation last year.
Tue., Feb. 13, 2018
Six months ago, Avista and Hydro One announced plans to combine and form one of North America’s largest regulated utilities. Since that time, as we’ve moved toward closing, our confidence …
UPDATED: Tue., Nov. 21, 2017, 4:56 p.m.
With little fanfare, Avista Corp.’s shareholders approved the sale of the 128-year-old company to Hydro One Ltd. on Tuesday. The sale is expected to be final in August.
UPDATED: Wed., Nov. 1, 2017, 1:43 p.m.
Acquisition costs related to Avista Corp.’s proposed purchase by Hydro One of Ontario led to lower third-quarter earnings for the Spokane-based utility.
Wed., Sept. 6, 2017
The Avista Foundation announced Wednesday it will receive its first individual endowment, courtesy of Avista Corp. CEO Scott Morris and his wife, Liz.
UPDATED: Mon., Aug. 14, 2017, 11:26 a.m.
Avista’s sale is a weighty decision, CEO Scott Morris said in a recent interview, but one he thinks history will look favorably on.
Sun., July 23, 2017
Greetings, Yankee ratepayers! Welcome to our first installment of Ask Hydro One, formerly known as Ask Avista.
UPDATED: Fri., July 21, 2017, 6:30 p.m.
Things to know about the proposed Avista sale: Scott Morris’ stock is worth about $10 million under this deal. Avista’s sales price has caused a stir in Canada, where Hydro …
Thu., March 23, 2017, 6 a.m.
Hello and welcome to another installment of Ask Avista, the only forum that lets Spokane area ratepayers get straight answers regarding their power company concerns. OK. So let’s get energized.
UPDATED: Fri., March 3, 2017, 5:35 p.m.
Avista Corp. paid its top executive about $4.5 million in total compensation last year.
Mon., Dec. 19, 2016, 1:08 p.m.
Avista Utilities will ask state regulators to reconsider last week’s decision to deny the company’s request for higher rates in 2017, and will take its appeal to court, if necessary, …
Fri., March 4, 2016, 3:29 p.m.
Scott Morris, Avista’s chairman and chief executive, earned $3.6 million in total compensation last year.
Sun., March 22, 2015
Wendi Dunlap lives in a house in Hillyard with an old furnace. Last winter, the social worker qualified for energy assistance to help pay her Avista bill. Many Spokane families …
Sat., Feb. 28, 2015
Avista Corp. paid its top executive about $5.5 million in total compensation last year. Scott Morris, chairman and chief executive officer of the Spokane-based utility, earned about 90 percent more …
Wed., Sept. 17, 2014
Two private meetings this summer brought top officials from the University of Washington and Washington State University close to a deal on “co-branding” a medical school in Spokane. Yet the …
Thu., Aug. 7, 2014
Avista Corp.’s sale of its energy management subsidiary helped push the utility’s second-quarter earnings past the $100 million mark, officials said Wednesday. Avista reported earnings of $100.9 million, or $1.67 …
Wed., March 5, 2014
Pay for Avista Corp.’s top five executives dropped last year as a result of lower stock awards and changing pension values. Scott Morris, chairman and chief executive officer of the …
Thu., Feb. 27, 2014
Avista Corp.’s profits shot up 42 percent in 2013, following higher demand for heat and air-conditioning during a year that featured a colder-than-normal winter and a hot summer. The Spokane-based …
Fri., Aug. 2, 2013
Officials at Innovate Washington say they’ll try to convince legislators next year to resume funding their agency, created in 2011 as the state’s tech-business catalyst. The 2011 Legislature created Innovate …
Tue., July 9, 2013
OAKESDALE, Wash. – Even five years ago, putting up 58 turbines to harvest the wind gusting across the rolling hills of the Palouse in northern Whitman County wouldn’t have made …
Wed., Oct. 24, 2012
Avista Corp. brass sought to explain Tuesday why company profits are taking an unexpected dip this year, and they placed the blame largely on its non-utility operations, namely energy-services subsidiary …
Wed., Feb. 29, 2012, 11:31 a.m.
Avista Corp. CEO Scott Morris’ total compensation increased by $250,000 last year, to $3.5 million, due in large part to the company’s improved financial performance, Avista said in a detailed …