UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): February 5, 2020
(Exact name of registrant as specified in its charter)
(State of other jurisdiction of incorporation) | (Commission file number) | (I.R.S. Employer Identification No.) |
(Address of principal executive offices, including zip code)
Registrant's telephone number, including area code: 509 -489-0500
Web site: http://www.myavista.com
(Former name or former address, if changed since last report) | ||
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class | Trading Symbols | Name of Each Exchange on Which Registered |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Section 5 – Corporate Governance and Management
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
Marian M. Durkin, 66, Senior Vice President, Chief Legal Officer and Corporate Secretary, informed the Board of Directors of Avista Corporation that she plans to retire effective August 1, 2020. For further details, refer to the press release filed as Exhibit 99.1 to this Current Report, which is incorporated herein by reference.
Section 9 - Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
(d) | Exhibits |
104 | Cover Page Interactive Data File (formatted as inline XBRL with applicable taxonomy extension information contained in Exhibits 101.) |
SIGNATURES
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.
AVISTA CORPORATION | ||
(Registrant) | ||
Date: | February 10, 2020 | /s/ Mark T. Thies |
Mark T. Thies | ||
Executive Vice President, | ||
Chief Financial Officer, and Treasurer | ||
Exhibit 99.1
Contact:
Investors: John Wilcox (509) 495-4171, john.wilcox@avistacorp.com
Media: Laurine Jue 509-495-2510, laurine.jue@avistacorp.com
Avista 24/7 Media Access (509) 495-4174
Avista announces Marian Durkin to retire in August 2020
 | SPOKANE, Wash. – Feb. 10, 2020: Avista announced today that Senior Vice President, Chief Legal Officer and Corporate Secretary Marian Durkin will retire on Aug. 1, 2020. Durkin joined Avista on Aug. 1, 2005 as Senior Vice President and General Counsel. Soon after arriving at Avista, she added responsibilities for Chief Compliance Officer. And in 2016, she became Corporate Secretary. |
“We want to thank Marian for her 15 years of service to Avista. During her tenure, Marian has defined our business needs to build our Legal Department from the ground up to the robust team it is today. As the focus and scrutiny on compliance has grown across many different industries, Marian has also centralized the company’s compliance efforts and taken our Compliance Department to a new level,” said Avista President and Chief Executive Officer Dennis Vermillion. “Her legal acumen was extremely helpful while working through the sale of our subsidiary businesses Avista Energy in 2007 and Ecova in 2014. We are also grateful to have had her expertise to assist with the successful acquisition of Alaska Energy and Resources Company and its subsidiary, Alaska Electric Light and Power Company in 2014 to help us grow our utility business.”
Durkin’s legal career started in 1977 as a paralegal at the law firm of Briggs and Morgan, P.A., in Minneapolis. While working at the firm, she attended law school and became an attorney in 1984. During her 18 years at the law firm, she held a number of different roles before leaving the firm as a partner in 1995 to join United Airlines. At United, Durkin was vice president, deputy general counsel and assistant corporate secretary. She left United Airlines in 2005 to join Avista’s senior leadership team.
“It has been a great honor to work with my teams, as well as all of the other dedicated employees here at Avista. The people and the culture at Avista are what drew me here 15 years ago. One of the other things that attracted me to Avista was its deep connection with the communities it serves. Employees are encouraged and supported in their volunteer work in these communities. Since arriving in Spokane, I’ve had the opportunity to be involved with Vanessa Behan Crisis Nursery and Providence Health Care, serving on the Board of each organization. These experiences have given me the opportunity to give back to this community in a very meaningful way,” said Durkin.
Her professional involvement includes serving on the Edison Electric Institute Legal Committee and the Energy Insurance Mutual Board for the past decade. Durkin will remain actively involved on this board after she retires from Avista.
“I look forward to having more time to spend with my three grandchildren,” Durkin said. “I also plan to travel. I don’t have any specific destinations selected yet, but I am looking forward to developing my bucket list.”
When Durkin officially retires in August 2020, Avista Vice President, General Counsel, and Chief Compliance Officer Greg Hesler will assume many of her responsibilities. Hesler was promoted to his new role on Jan. 1, 2020.
About Avista
Avista Utilities is involved in the production, transmission and distribution of energy. We provide energy services and electricity to 389,000 customers and natural gas to 357,000 customers in a service territory that covers 30,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.7 million. Avista Utilities is an operating division of Avista Corp. (NYSE: AVA). For more information, please visit www.myavista.com
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