IDACORP, Inc. has announced the election of Michael J. Kennedy to serve on the Board of Directors of IDACORP and Idaho Power.
Kennedy is the co-founder and former Chief Executive Officer of Zelle Payments Network, and he also served as CEO of Interstellar and Velo Labs. He is a proven leader with expertise in payments, banking, and financial services across both consumer and enterprise markets.
“We are thrilled to welcome Mike to our Board of Directors,” said Lisa Grow, IDACORP and Idaho Power President and CEO. “His proven leadership experience and expertise in business and technology will be a great benefit to our company.”
Kennedy’s leadership experience also includes serving as President at OFX North America, and as an Executive Vice President at Wells Fargo. He is a Director of American Savings Bank and former Director of Hawaiian Electric Industries. Kennedy graduated with distinction from both Harvard Business School and Stanford University.
“Mike has a history of building and leading successful teams,” said Dennis Johnson, Chair of the IDACORP and Idaho Power Board of Directors. “We believe he will be a valuable addition to our board, particularly as IDACORP and Idaho Power continue to experience rapid customer growth.”
About Idaho Power
Idaho Power, headquartered in vibrant and fast-growing Boise, Idaho, has been a locally operated energy company since 1916. Today, it serves a 24,000-square-mile area in Idaho and Oregon. The company has a long history of safely providing reliable, affordable, clean energy. With 17 low-cost hydroelectric projects at the core of its diverse energy mix, Idaho Power’s residential, business, and agricultural customers pay among the nation’s lowest prices for electricity. Its 2,100 employees proudly serve more than 650,000 customers with a culture of safety first, integrity always, and respect for all.
IDACORP Inc. (NYSE: IDA), Idaho Power’s independent publicly traded parent company, is also headquartered in Boise, Idaho. To learn more, visit idahopower.com or idacorpinc.com.
Jordan Rodriguez
Communications Specialist
jrodriguez@idahopower.com
208-388-2460