With her three-year appointment, Grow joins two other Boise-area executives on the board that serves as a link between the Federal Reserve and the private sector.
BOISE, Idaho — The Federal Reserve Bank of San Francisco recently announced the appointment of Idaho Power President and CEO Lisa Grow to the Salt Lake City branch board of directors as of January 2021.
The Federal Reserve is the central bank of the United States. Created by Congress, the bank provides the nation with a safer, more flexible and more stable financial system. Each of the 12 Reserve Banks operate under the supervision of a board of directors. The Federal Reserve Bank of San Francisco has four branches — in Los Angeles, Portland, Salt Lake City and Seattle — each with a separate seven-member board.
“The Federal Reserve is such a vital institution in the financial fabric of our nation,” said Grow. “I am so honored by this appointment and the opportunity to contribute to this important board.”
Grow began her career at Idaho Power in 1987 and is currently president and CEO of Idaho Power and its parent company, IDACORP, Inc. Grow also serves on the St. Luke’s Health System Board of Directors and is a Hope Society Member of the Women’s and Children’s Alliance. Her full officer profile is available on the Idaho Power website.
The Federal Reserve Bank of San Francisco also announced two other additions to the board: fellow Boise executive Susan Morris, executive vice president and chief operating officer of Albertsons, and Len Williams, president and CEO of Altabank in American Fork, Utah.
Other members of the Salt Lake City branch board are Chair Russell A. (Chip) Childs, president and CEO of SkyWest, Inc., in St. George, Utah; O. Randall (Randy) Woodbury, president and CEO of Woodbury Corp., in Salt Lake City; Jas Krdzalic, president and CEO of Bodybuilding.com in Boise; and Deneece G. Huftalin, president, Salt Lake Community College.
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’s goal to provide 100% clean energy by 2045 builds on its long history as a clean-energy leader that provides reliable service at affordable prices. 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 2,000 employees proudly serve more than 580,000 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.