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Avista Leadership Changes Propel Future Growth Strategies

Avista Leadership Changes Propel Future Growth Strategies

Avista Corp's Strategic Leadership Changes

Avista today unveiled significant changes within its leadership team, set to take effect as part of a planned succession strategy. The aim is to heighten the operational capabilities and strategic vision of the company, ensuring a foundation for future growth.

Key Promotions Within the Executive Team

Jason Thackston, who previously held the title of Senior Vice President of Energy Policy and Chief Strategy Officer, will take on new and expanded responsibilities. His new title will be Senior Vice President of Growth, Energy Policy, and External Relations. In his broader role, Jason will manage energy policy and external relations, while also advancing company-wide initiatives focused on growth.

New Role for Wayne Manuel

Wayne Manuel has been promoted from Vice President, Chief Information Officer, and Chief Security Officer to Senior Vice President of Operations and Technology. This elevated role will have him reporting directly to President and CEO Heather Rosentrater, where he will oversee both energy delivery operations and technological advancements.

The Expertise of Alexis Alexander

Taking over from Manuel as Vice President, Chief Information Officer, and Chief Security Officer is Alexis Alexander. He has been with Avista since 2007 and has held various prominent positions within the company, particularly focusing on technology leadership. In his new capacity, he will be responsible for guiding the company's information systems and cybersecurity initiatives, ensuring innovation and resilience across its digital infrastructure.

Commitment to Leadership and Growth

President and CEO Heather Rosentrater expressed her enthusiasm regarding the promotions of Wayne Manuel and Alexis Alexander, stating, "Wayne's extensive experience has been invaluable to our organization. His commitment to fortifying our security and information systems greatly benefits Avista. Likewise, Alexis has consistently demonstrated exceptional managerial skills and resource planning abilities, which are crucial for our ongoing success. Their leadership is pivotal in steering our organization towards excellence and long-term strategic growth."

About Avista Corp.

Avista Corp. is a dynamic energy company involved in the production, transmission, and distribution of energy, along with various energy-related businesses. Avista Utilities provides reliable electric service to many customers and delivers natural gas across wide geographic areas. The company’s service outreach encompasses significant regions, ensuring energy accessibility for residential and commercial users alike.

Commitment to Shares and Community

As a publicly traded company under the ticker symbol "AVA", Avista values transparency and continuous engagement with its stakeholders. The management team is dedicated to fostering a company culture that thrives on innovation and community engagement.

Frequently Asked Questions

What are the new roles for Avista executives?

Jason Thackston becomes Senior VP of Growth, Wayne Manuel is now Senior VP of Operations and Technology, and Alexis Alexander steps in as VP, Chief Information Officer.

When will these changes take effect?

The new leadership roles are set to commence on October 1, 2025.

What is Avista Corp's focus moving forward?

Avista Corp is focused on enhancing operational capabilities, strategic growth, and innovation within its services and technology sectors.

How long have the new executives been with the company?

Jason Thackston and Alexis Alexander both have extensive experience, with Alexander having joined in 2007, and Manuel starting in 2023.

What is the significance of these promotions?

These promotions highlight Avista's commitment to strong leadership and operational excellence, aiming for sustainable growth in the energy sector.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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