Avista announces leadership changes to enhance strategic execution and support growth, effective October 1, 2026.
Quiver AI Summary
Avista Corp. announced leadership changes effective October 1, 2026, as part of a succession strategy to enhance strategic execution and support growth. Alicia Gibbs will step up as Vice President of Growth, Innovation and Strategy, leveraging her extensive experience since joining Avista in 2009. Patrick Ehrbar has been appointed Vice President of Regulatory Affairs, continuing his leadership in regulatory efforts after joining the company in 1998. These appointments are part of a planned transition as Senior Vice President Jason Thackston prepares for retirement. Avista President and CEO Heather Rosentrater expressed confidence in both leaders' abilities to drive the organization forward. Avista Corp. operates in energy production and distribution across the Pacific Northwest and Alaska.
Potential Positives
- Avista's leadership changes signal a strategic succession plan aimed at enhancing the company's growth and innovation capabilities.
- Alicia Gibbs' promotion to Vice President, Growth, Innovation and Strategy emphasizes her extensive experience and potential to connect strategy with execution.
- The appointment of Patrick Ehrbar to Vice President, Regulatory Affairs ensures continuity in leadership within regulatory affairs, leveraging his long-standing expertise.
Potential Negatives
- Changing leadership can create instability and may lead to uncertainty among employees and stakeholders regarding the company’s future direction.
- The retirement of a senior executive could indicate potential challenges in maintaining continuity and effectiveness during the transition period.
- The mention of forward-looking statements highlights existing risks and uncertainties that could negatively impact the company's performance and stock value.
FAQ
What leadership changes did Avista announce on August 10, 2026?
Avista announced Alicia Gibbs as Vice President, Growth, Innovation and Strategy, and Patrick Ehrbar as Vice President, Regulatory Affairs.
When will the leadership changes at Avista take effect?
The new leadership roles will take effect on October 1, 2026.
Who is Jason Thackston and what is his role in Avista's transition?
Jason Thackston is the Senior Vice President set to retire at the end of 2026, prompting these leadership changes.
What is Avista's main area of business?
Avista is involved in the production, transmission, and distribution of energy, serving customers in multiple states.
How can I find more information about Avista?
More information about Avista can be found on their official website at www.avistacorp.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
SPOKANE, Wash., Aug. 10, 2026 (GLOBE NEWSWIRE) -- Avista (NYSE: AVA) today announced changes to its leadership team, effective Oct. 1, 2026, as part of a planned succession strategy designed to enhance the company’s strategic execution, support future growth and strengthen leadership continuity. Alicia Gibbs , currently Director of Innovation and Strategy, has been appointed Vice President, Growth, Innovation and Strategy. Patrick Ehrbar , currently Director of Regulatory Affairs, has been appointed Vice President, Regulatory Affairs.
In her new role, Gibbs will lead efforts focused on growth, innovation and long-range strategic planning. Gibbs joined Avista in 2009 and has held leadership roles across strategy, natural gas operations, electric operations, shared services, customer service and process improvement.
Ehrbar will continue leading Avista’s regulatory affairs efforts as Vice President, Regulatory Affairs. Ehrbar joined Avista in 1998 and has held numerous leadership roles involving regulatory affairs, rates and tariffs, customer solutions and demand-side management.
“I am pleased to promote Alicia Gibbs and Patrick Ehrbar into these key leadership roles,” said Avista President and CEO Heather Rosentrater. “Alicia’s broad experience across our business and her ability to connect strategy, innovation and execution have been of significant value to Avista.”
“Patrick’s extensive regulatory expertise and deep understanding of our industry have helped support positive outcomes for our customers and stakeholders. I am confident Alicia and Patrick will continue helping move our organization forward as we execute our long-term strategy.”
The changes also support Avista’s planned transition as Jason Thackston, Senior Vice President, Growth, Policy and External Relations, prepares to retire at the end of 2026. Avista is filling in behind him by aligning key responsibilities across the officer team, adding leadership capacity and ensuring continuity through the transition.
About Avista Corp.
Avista Corp. is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses.
Avista Utilities
is our operating division that provides electric service to 429,000 customers and natural gas to 386,000 customers. Our service territory covers 34,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.5 million. AERC is an Avista subsidiary that, through its subsidiary AEL&P, provides retail electric service to 18,000 customers in the city and borough of Juneau, Alaska. Our stock is traded under the ticker symbol “AVA”. For more information about Avista, please visit
www.avistacorp.com
.
This news release contains forward-looking statements regarding the company’s current expectations. Forward-looking statements are all statements other than historical facts. Such statements speak only as of the date of the news release and are subject to a variety of risks and uncertainties, many of which are beyond the company’s control, which could cause actual results to differ materially from the expectations. These risks and uncertainties include, in addition to those discussed herein, all of the factors discussed in the company’s and the Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, and its Annual Report on Form 10-K for the year ended Dec. 31, 2025.
Avista Corp. and the Avista Corp. logo are trademarks of Avista Corporation.
SOURCE: Avista Corporation
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Contact:
Media: Lena Funston (509) 495-8090,
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Investors: Stacey Walters (509) 495-2046,
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Avista 24/7 Media Access (509) 495-4174
Photos accompanying this announcement are available at:
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https://www.globenewswire.com/NewsRoom/AttachmentNg/c68cd151-89c5-4ca7-86e9-02401acb246b