Stories tagged: Scott Morris
Tue., Feb. 13, 2018
Scott Morris: Avista sale is good for customers, community
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.
Avista shareholders approve utility’s sale to Canadian utility Hydro One
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.
Avista reports lower 3Q earnings, cites Hydro One merger costs
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
Avista CEO Morris, wife pledge $3 million to foundations
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.
Burden of decision: A native son climbs to Avista’s top job, then arranges the sale of the company
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
Doug Clark: A friendly hello from your new Canadian overlords
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.
Sale of Avista would require ‘net benefits’ to ratepayers, Washington regulators say
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.
Doug Clark: Avista profits can buy lots of Reddy Kilowatt accessories
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 CEO Scott Morris earns $4.5 million in 2016
Avista Corp. paid its top executive about $4.5 million in total compensation last year.
Mon., Dec. 19, 2016, 1:08 p.m.
Avista ready to appeal rejection of higher rates for electricity and natural gas
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.
Avista CEO’s pay fell in 2015
Scott Morris, Avista’s chairman and chief executive, earned $3.6 million in total compensation last year.
Sun., March 22, 2015
Avista explains need for another rate increase
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’s top executive earns $5.5 million in 2014
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
Private meetings between UW, WSU explored ‘co-branding’ medical school in Spokane
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
Sale boosts Avista gains
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
Avista executive compensation lower
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’s profits up 42 percent
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
Innovate will try again to get state funding
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
Feeling the wind’s worth
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
Ecova main cause of Avista woes, says CFO
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 exec compensation grows
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 …
Thu., Feb. 24, 2011, 8 a.m.
Avista reports salary, bonus figures
Avista Corp. Chairman and CEO Scott Morris earned $3.25 million in total compensation last year, the utility reported Wednesday. Morris’ salary was unchanged from 2009, but a bigger bonus and …
Fri., Feb. 18, 2011
Avista saw 6 percent gain in profits in 2010
Avista Corp.’s profits increased by 6 percent last year, a growth in earnings that Chairman and CEO Scott Morris attributed in part to lower power supply costs. The lower costs …
Sun., Nov. 14, 2010
Caldwell: Wright’s calming influence refreshing
Steve Wright was appointed interim administrator of the Bonneville Power Administration Nov. 15, 2000. You could forgive him for not saying thanks. The agency was on the threshold of its …
Fri., Oct. 29, 2010
Avista rates on the rise in Washington
Starting Monday, Avista’s Washington customers will pay about $4.50 extra on their monthly gas and electric bills. The price hike is a result of higher wholesale natural gas costs and …
Thu., April 1, 2010
Avista reports executive pay
Avista Chairman and CEO Scott Morris earned $3 million in total compensation last year, the utility reported Wednesday. Morris has held Avista’s top executive job since Jan. 1, 2008. Compensation …
Wed., March 31, 2010, 10:26 a.m.
Avista CEO earns $3 million in compensation
Avista Chairman and CEO Scott Morris earned $3 million in total compensation last year, the utility reported today.
Wed., March 25, 2009
Avista CEO earned $2.2 million
Scott Morris, Avista Corp.’s chairman, president and chief executive officer, earned $2.2 million in total compensation last year, the utility reported Tuesday. Morris was promoted to Avista’s top executive on …