IDACORP Announces Election of Michael J.
Kennedy to Board of Directors
May 15, 2025
BOISE, Idaho — IDACORP, Inc. has announced the election
of Michael J. Kennedy to serve on the Board of Directors of IDACORP and Idaho
Power.
Kennedy
is the co-founder and former Chief Executive Officer of Zelle Payments Network,
and he also served as CEO of Interstellar and Velo Labs. He is a proven leader
with expertise in payments, banking, and financial services across both
consumer and enterprise markets.
“We are thrilled
to welcome Mike to our Board of Directors,” said Lisa Grow, IDACORP and Idaho
Power President and CEO. “His proven leadership experience and expertise in
business and technology will be a great benefit to our company.”
Kennedy’s
leadership experience also includes serving as President at OFX North America,
and as an Executive Vice President at Wells Fargo. He is a Director of American
Savings Bank and former Director of Hawaiian Electric Industries. Kennedy graduated with
distinction from both Harvard Business School and Stanford University.
“Mike has a history of building and leading successful
teams,” said Dennis Johnson, Chair of the IDACORP and Idaho Power Board of
Directors. “We believe he will be a valuable addition to our board,
particularly as IDACORP and Idaho Power continue to experience rapid customer
growth.”
About Idaho Power
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 area in Idaho and Oregon. The company has a long history of
safely providing reliable, affordable, clean energy. With 17 low-cost
hydroelectric 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. Its 2,100 employees proudly serve more than 650,000
customers with a culture of safety first, integrity always, and respect for
all.
IDACORP Inc. (NYSE: IDA), Idaho Power’s independent publicly
traded parent company, is also headquartered in Boise, Idaho. To learn more,
visit idahopower.com or idacorpinc.com.
Jordan Rodriguez
Communications Specialist
jrodriguez@idahopower.com
208-388-2460