PGE Appoints New Board Member
PORTLAND, Ore., Jun 18, 2009 (BUSINESS WIRE) -- Portland General Electric (NYSE:POR) appointed Kirby A. Dyess to its board of directors. Ms. Dyess is the principal of Austin Capital Management LLC, in Beaverton, Oregon. She will join the Portland General Electric Company (PGE) board effective today.
"Kirby Dyess brings a strong understanding of technology as well as complex business organizations and operations," said PGE Board of Directors Chair Corbin McNeill. "PGE shareholders and customers will benefit greatly from her perspective."
Prior to forming Austin Capital Management LLC in 2003, Ms. Dyess spent 23 years in various executive and management positions at Intel Corporation, most recently serving as corporate vice president and director of operations for Intel Capital and vice president and director of new business development. She serves on the board of directors of Itron, Inc. of Liberty Lake, Washington and Merix Corporation of Beaverton, Oregon.
"We look forward to working with Kirby," said Jim Piro, president and CEO of PGE. "Her expertise in business development and strong roots in the Pacific Northwest will be invaluable as PGE continues its leadership role in Oregon's economy."
The other members of the PGE board are: John W. Ballantine, Rodney L. Brown, Jr., David A. Dietzler, Peggy Y. Fowler, Mark B. Ganz, Corbin A. McNeill, Jr. (chairman), Neil J. Nelson, M. Lee Pelton, James J. Piro and Robert T.F. Reid. Their biographies are available at www.PortlandGeneral.com.
About Portland General Electric Company
Portland General Electric, headquartered in Portland, Ore., is a fully integrated electric utility that serves more than 814,000 residential, commercial and industrial customers in Oregon. Visit our Web site at www.PortlandGeneral.com.
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Statements in this news release that relate to future plans, objectives, expectations, performance, events and the like may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may be identified by words including, but not limited to, "will", "anticipates," "believes," "intends," "estimates," "promises," "expects," "should," "conditioned upon" and similar expressions. Investors are cautioned that any such forward-looking statements are subject to risks and uncertainties. As a result, actual results may differ materially from those projected in the forward-looking statements. All forward-looking statements included in this news release are based on information available to the Company on the date hereof and such statements speak only as the date hereof. The Company assumes no obligation to update any such forward-looking statement. Prospective investors should also review the risks and uncertainties listed in the Company's most recent Annual Report on Form 10-K and the Company's reports on Forms 8-K and 10-Q filed with the United States Securities and Exchange Commission, including Management's Discussion and Analysis of Financial Condition and Results of Operations and the risks described therein from time to time.
POR-F
Source: Portland General Electric Company
SOURCE: Portland General Electric
PGE
Gail Baker, 503-464-8693
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