Former Head of Arizona Utility to Join PGE Board of Directors

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Former Head of Arizona Utility to Join PGE Board of Directors

PORTLAND, Ore.--(BUSINESS WIRE)-- Portland General Electric (NYSE:POR) today announced the appointment of Jack E. Davis as a director of the company, effective immediately. The board of directors also appointed Mr. Davis to serve on its finance committee.

"Jack Davis is an experienced utility executive with a broad understanding of the opportunities and challenges facing the electric industry today," said PGE Board of Directors Chair Corbin McNeill. "We look forward to the benefit of his perspectives as we make strategic decisions that will help PGE continue to provide outstanding value to its customers and shareholders for years to come."

Davis has extensive regulated utility experience, having served as chief executive officer of Arizona Public Service Company, Arizona's largest electricity provider, and president and chief operating officer of Pinnacle West Capital Corporation, its parent company. During his 35 years at Arizona Public Service, Davis held executive and management positions in various areas of the company, including commercial operations, generation and transmission, customer service, and power operations.

"I look forward to working with Jack," said Jim Piro, president and CEO of PGE. "His background as CEO at Arizona Public Service will help us as we strive to continually improve our business."

About Portland General Electric Company

Portland General Electric, headquartered in Portland, Ore., is a fully integrated electric utility that serves more than 825,000 residential, commercial and industrial customers in Oregon. Visit our Web site at

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Source: Portland General Electric Company

Steve Corson, 503-464-8444

Source: Portland General Electric Company

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