Lisa A. Grow

President and Chief Executive Officer at IDACORP

Board

Since December 12, 2008

Age

59 years

Tenure

Started tenure at IDA on December 12, 2008 and has served as President and Chief Executive Officer since then.

Also at IDACORP

AJR

Adam J. Richins

Senior Vice President and Chief Operating Officer (COO)

AIS

Amy I. Shaw

Vice President of Finance, Compliance, and Risk

BRB

Brian R. Buckham

Senior Vice President, Chief Financial Officer, and Treasurer

About

Lisa A. Grow is 59 years old and has been serving as the President and Chief Executive Officer of IDACORP, Inc. and Idaho Power Company, playing a significant role in overseeing the company’s financial and operational strategies.

Her leadership began on December 12, 2008, when she entered into a Change in Control Agreement with the company, marking the start of a long and impactful tenure at IDA.

While the available documents provide details on her roles and responsibilities, there is no additional information regarding her educational background or personal history, offering a focused perspective on her professional accomplishments.

$IDA Performance Under Lisa A. Grow

Past Roles

Organization	Role	Date Range	Details
IDACORP, Inc. and Idaho Power Company	Senior Vice President of Public Affairs	December 8, 2008	Held until promotion to President and CEO

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$1,000,000	Annual	-
Short-Term Incentive Plan	$1,662,400	Annual/Bonus	-
Long-Term Incentive Plan - Time-Vesting RSU	$1,988,537 (grant date fair value); 25,072 shares vesting with $2,290,946 realized	Upon Vesting	CEPS Component details provided
Stock Awards	$2,890,889 (grant date fair value)	At Grant/Vesting	-
Pension Benefits - Retirement Plan	$1,921,808 (present value)	Accrued	-
Pension Benefits - SMSP II	$10,345,575 (present value)	Accrued	-
Other Compensation	$16,360	Annual	-
Termination Benefits - Voluntary Termination (Retirement if Over 55)	$6,232,601	Upon Event	Breakdown: Security Plan II: $769,618; LTIP - Time-Vesting: $1,745,311; LTIP - Performance Vesting: $3,717,672
Termination Benefits - Death or Disability	$13,617,911	Upon Event	Breakdown: Security Plan II: $8,154,928; LTIP - Time-Vesting: $1,745,311; LTIP - Performance Vesting: $3,717,672
Termination Benefits - Not for Cause/Constructive Discharge	$11,548,023	Upon Event	Breakdown: Security Plan II: $769,618; LTIP - Time-Vesting: $2,857,781; LTIP - Performance Vesting: $6,027,621
Termination Benefits - 13th-Month Trigger	$11,548,024	Upon Event	Breakdown: Security Plan II: $769,618; LTIP - Time-Vesting: $2,857,781; LTIP - Performance Vesting: $6,027,621
Outstanding Equity Awards - Time-Vesting RSU	26,151 shares; $2,857,781 market value	Vesting as Scheduled	Vesting Schedule: 2025: 6,890 shares, 2026: 7,983 shares, 2027: 11,278 shares

Performance Compensation

Data from FY 2024

Performance-Based Restricted Stock Units (PBRSUs)

Metric	Details
Performance Period	2024-2026
Metrics	CEPS and TSR
Weighting	50% each
Threshold	10,150 units
Target	22,556 units
Maximum	45,112 units
Grant Date	February 16, 2024
Grant Date Fair Value	$1,890,869
Vesting Schedule	Cliff vesting; vests on December 31, 2026
Dividend Equivalents	Paid in cash at end of period on earned units
Conditions	Employment retention and achievement of performance goals