Jeff C. Kinneeveauk Appointed to IDACORP and Idaho Power Board of Directors

02 / 10 / 2022

Kinneeveauk has strong Idaho ties and brings his extensive experience in the energy industry to the board.

BOISE, Idaho, Feb. 10, 2022 — IDACORP, Inc. (NYSE:IDA) has announced the appointment of Jeff Kinneeveauk to serve on the board of directors of IDACORP and Idaho Power.

Kinneeveauk is a board member of the Arctic Slope Regional Corporation (ASRC), a private, for-profit corporation owned by and representing the business interests of its approximately 13,000 Iñupiat shareholders. The company has six major business segments: government contract services, petroleum refining and marketing, energy support services, industrial services, construction, and resource development. Kinneeveauk previously served as President and CEO of ASRC Energy Service, one of ASRC’s largest business units. He worked for ASRC for over 20 years, holding various executive leadership positions for more than 10 of those years.

“Jeff’s experience in the energy industry and record of success at the helm of ASRC make him a natural fit for our board,” said Lisa Grow, IDACORP and Idaho Power President and Chief Executive Officer. “We are excited about the expertise and perspective he will bring to our leadership team.”

Kinneeveauk earned a bachelor's degree in physics with an emphasis in engineering from Northwest Nazarene College (now Northwest Nazarene University) in Nampa, Idaho. He also completed the Thunderbird Advanced Management Program in Phoenix.

“Jeff is an excellent addition to our board,” said Richard Dahl, Chairman of the Board of IDACORP and Idaho Power. “Along with his substantial industry experience, he brings strong leadership and a proven commitment to customers, communities, and shareholders.”

Kinneeveauk previously served on the Northwest Nazarene University (NNU) Board of Trustees and the NNU Athletic Advisory Council. He chaired the Alaska Native Heritage Center Board of Directors and is dedicated to community service and adhering to the cultural values of the Iñupiat people. He has served on numerous nonprofit, for-profit and church boards in Alaska and was recognized in 2013 as an awardee of the NNU Centennial Medallion in Alumni in Business, Corporate Leadership.

“Ever since attending NNU, and during my time living in Idaho in recent years, Idaho has been such a special place to me,” said Kinneeveauk. “I’m excited to be joining the Idaho Power board to help contribute to the company’s important work of powering one of the fastest growing areas of the nation.”

Background Information

IDACORP, Inc. (NYSE: IDA), Boise, Idaho-based and formed in 1998, is a holding company comprised of Idaho Power, a regulated electric utility; IDACORP Financial, a holder of affordable housing projects and other real estate investments; and Ida-West Energy, an operator of small hydroelectric generation projects that satisfy the requirements of the Public Utility Regulatory Policies Act of 1978. Idaho Power, headquartered in vibrant and fast-growing Boise, Idaho, has been a locally operated energy company since 1916. Today, it serves a 24,000-square-mile service area in Idaho and Oregon. Idaho Power’s goal to provide 100% clean energy by 2045 builds on its long history as a clean-energy leader that provides reliable service at affordable prices. With 17 low-cost hydropower projects at the core of its diverse energy mix, Idaho Power’s residential, business, and agricultural customers pay among the nation's lowest prices for electricity. It’s 2,000 employees proudly serve more than 600,000 customers with a culture of safety first, integrity always, and respect for all. To learn more about IDACORP or Idaho Power, visit www.idacorpinc.com or www.idahopower.com.

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