Avista CEO Dennis Vermillion To Retire In Q1 2025; Heather Rosentrater Appointed As New CEO And President, Effective January 1, 2025, And Joins Board Of Directors
Portfolio Pulse from Benzinga Newsdesk
Avista Corporation announced that CEO Dennis Vermillion will retire in Q1 2025. Heather Rosentrater has been appointed as the new CEO and President, effective January 1, 2025, and will join the Board of Directors.
August 26, 2024 | 8:06 pm
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Avista Corporation's CEO Dennis Vermillion will retire in Q1 2025, with Heather Rosentrater taking over as CEO and President from January 1, 2025. This leadership change could impact the company's strategic direction.
The announcement of a new CEO can lead to changes in company strategy and operations. However, since the transition is planned for 2025, the immediate impact on stock price is likely neutral. Investors may watch for any strategic shifts announced by the new leadership.
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