---
schema_version: "secwatch.filing_event.v1"
accession: "0001057877-23-000068"
form_type: "8-K"
ticker: "IDA"
cik: "0001057877"
company_name: "IDACORP INC"
filed_at: "2023-11-22T23:59:59+00:00"
generated_at: "2026-06-07T22:03:37.193059+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# IDACORP VP, CAO and Treasurer Kenneth Petersen to retire; bylaw amendments adopted

## Summary
- Kenneth Petersen, age 60, plans to retire on May 31, 2024 after 25+ years.
- He steps down as CAO and Treasurer effective Jan 1, 2024; remains as VP until retirement.
- Bylaws amended to require shareholder nominations comply with Rule 14a-19 proxy solicitation rules.
- Amendments also limit nominees to number of directors up for election and reserve white proxy cards for board.
- Additional background disclosures required for nominating shareholders and proposed nominees.

## SEC filing metadata
- accession: 0001057877-23-000068
- form_type: 8-K
- ticker: IDA
- cik: 0001057877
- company_name: IDACORP INC
- filed_at: 2023-11-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1057877/000105787723000068/0001057877-23-000068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49648/000105787723000068/ida-20231116.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001057877-23-000068
- JSON: https://secwatch.observer/filing/0001057877-23-000068.json
- Plain text: https://secwatch.observer/filing/0001057877-23-000068.txt

## Key facts
- Executive change
  Kenneth W. Petersen changed role as Chief Accounting Officer and Treasurer at IDACORP INC.
  - Action: step down
  - Role: Chief Accounting Officer and Treasurer
  source text: He plans to step down as Chief Accounting Officer and Treasurer of IDACORP and Idaho Power, effective as of January 1, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1057877/000105787723000068/0001057877-23-000068-index.htm
- Executive change
  Kenneth W. Petersen departed as Vice President at IDACORP INC.
  - Action: retire
  - Role: Vice President
  source text: announced his plans to retire on May 31, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1057877/000105787723000068/0001057877-23-000068-index.htm
- Governance Changes
  IDACORP INC: Amended and restated Bylaws effective November 16, 2023 with changes related to director nominations, Rule 14a-19 compliance, proxy card color, additional background disclosures, and other technical updates (effective 2023-11-16).
  - Change: bylaw amendment
  - Effective: 2023-11-16
  source text: The Board of Directors of IDACORP amended and restated its Bylaws, effective November 16, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1057877/000105787723000068/0001057877-23-000068-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.