- Peggy Fowler, who has held the CEO and president position since April 2000, will retire as CEO on March 1, 2009, and will continue to play an active role as a member of the PGE Board of Directors.
- Piro brings to his new role as CEO and president 35 years of utility experience and 28 years with PGE. Prior to becoming CFO, he held many positions at PGE including roles in the areas of engineering, regulation and planning. He has been involved integrally in the strategic and operational initiatives of the Company. He began his PGE career as a civil engineer in Generation Engineering.

Other headlines for [POR]

• POR 12/29/2008 09:12pm
  Portland General Electric The Oregon Public Utility Commission has approved a 7.6% price increase for 2009- Because of other price adjustments, including a reduction to reflect less-than-anticipated power costs in 2007, more...
  
• POR 12/29/2008 04:56pm
  Portland General Electric Names Maria Pope as the new CFO, effective Jan 1; current CFO will assume the CEO position as previously announced- Pope has served as a member of PGEs board of directors since January 2006. - more...
  
• POR 12/12/2008 03:21am
  Portland General Electric Goldman Sachs Cuts POR to Neutral from Buy
  

Energy sector headlines

• OII Today 04:13pm
  Oceaneering International Guides ROV fleet utilization in mid- to high 80% range, 2008 earnings +10% y/y - filing- Expects ROV fleet utilization rate during the 4th quarter of 2008 will be in the mid to high 80% range, and more...
  
• PCX Today 04:05pm
  Patriot Coal, Inc. To cut jobs, implements prior plans to close Jupiter mine, citing market conditions- The Company announced on September 29, 2008, its intention to idle the Jupiter thermal coal facility. - In more...
  
• TMR Today 02:02pm
  Meridian Resource Corp. Names Chairman Paul Ching interim CEO
  
• EDF.FR Today 12:45pm
  Electricite de France S&P cuts EDF S.A. to A+ from AA-- British Energy rating raised to BBB- - these actions follow the merger
  
• Today 11:56am
  Deutsche Bank lowers Q1 oil price forecast to $45 from $55, expects bottom of market at year's end (timing uncertain)