Business & Finance
Business and Finance
Business and Finance
Tue, December 30, 2008
Mon, December 29, 2008 PGE Announces New Chief Financial Officer
PORTLAND, Ore.--([ BUSINESS WIRE ])--Portland General Electric (PGE) (NYSE:POR) announced today that Maria M. Pope will become the company's senior vice president of finance, chief financial officer and treasurer. Pope has served as a member of PGE's board of directors since January 2006. She will fill the position left by Jim Piro as he becomes CEO and president on Jan. 1, 2009.
"Maria understands the financial challenges and opportunities that are facing PGE, and I know she'll provide the financial expertise, business acumen, leadership, and integrity that will allow her to succeed as PGE's chief financial officer," Jim Piro said. "I'm looking forward to having Maria join our team and contribute to our goals of providing value to our customers, community, and shareholders."
Previously, Pope served as vice president, chief financial officer at Mentor Graphics Corp., the Oregon-based software company, where she was responsible for multiple departments including financial affairs, corporate development and operations. Before joining Mentor Graphics in 2007, Pope was with Pope & Talbot, Inc., in a variety of positions.
"While serving as a director on the PGE Board, I became very interested in the utility sector. I'm excited to now be a full-time member of the PGE team," Pope said. "PGE is focused on serving its customers and community, and I'm looking forward to contributing to the continued growth of such a great company."
Pope received her MBA from the Stanford Graduate School of Business and a bachelor's degree from Georgetown University. She is a corporate board member of Premera Blue Cross and TimberWest Forest Corp. She also serves on the OHSU Foundation Board and is a past chair of the Council of Forest Industries and the Oregon Symphony.
She officially resigned from the PGE Board of Directors as of Dec. 31, 2008.
About Portland General Electric Company: Portland General Electric, headquartered in Portland, Ore., is a vertically integrated electric utility that serves approximately 814,000 residential, commercial and industrial customers in Oregon. Visit our Web site at [ www.PortlandGeneral.com ].
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Source: Portland General Electric Company
