Portland General Electric appoints Benjamin Felton as EVP, COO effective April 3, 2023

PORTLAND GENERAL ELECTRIC CO /OR/

Benjamin Felton appointed EVP, Chief Operating Officer, effective April 3, 2023.
Felton previously served as Senior VP of Energy Supply at DTE Energy; also held roles at NiSource and CMS Energy.
Compensation: initial base salary $650,000; 2023 target cash incentive of 70% of base; $100,000 signing bonus.
Transition restricted stock award valued at $1,450,000 ($150k vest Apr 2023, $650k Apr 2024, $650k Apr 2025).
Long-term equity target no less than 150% of prorated 2023 base salary; no family relationships or reportable transactions.

item 5.02

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Appointed

Benjamin Felton

Executive Vice President, Chief Operating Officer

POR · PORTLAND GENERAL ELECTRIC CO /OR/

Effective: 2023-04-03
Filed: March 16, 2023, 7:59 PM ET

On March 16, 2023, P ortland General Electric Company (the Company) announced the appointment of Benjamin Felton as Executive Vice President, Chief Operating Officer effective April 3, 2023.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Benjamin Felton was appointed as Executive Vice President, Chief Operating Officer at PORTLAND GENERAL ELECTRIC CO /OR/.

Action: appointed
Role: Executive Vice President, Chief Operating Officer

Exact text from the filing

On March 16, 2023, P ortland General Electric Company (the Company) announced the appointment of Benjamin Felton as Executive Vice President, Chief Operating Officer effective April 3, 2023.

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Source: SEC EDGAR

accession 0000784977-23-000050

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