Avista CEO Morris Gets $250K More
Avista Corp. CEO Scott Morris’ total compensation increased by $250,000 last year, to $3.5 million, due in large part to the company’s improved financial performance, Avista said in a detailed report to Washington state regulators. Of the $9.5 million paid to all company officers, about 42 percent came from customers’ rate payments in its three-state service area, Avista said in the report. That last figure was required by order of the Washington Utilities & Transportation Commission. Washington customers, which represent Avista’s largest service territory, pay $2.4 million of the company officers’ $9.5 million in compensation through their rates. Idaho customers pay $1.2 million and Oregon customers pay about $560,000/SR. More here. (SR file photo of Scott Morris)
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