Darrel T. Anderson served as CEO of IDACORP, Inc. from January 2014 until his retirement in June 2020. He started his journey with the company in 1996 and climbed the ranks, eventually becoming the Chief Financial Officer and later the...
Darrel T. Anderson served as CEO of IDACORP, Inc. from January 2014 until his retirement in June 2020. He started his journey with the company in 1996 and climbed the ranks, eventually becoming the Chief Financial Officer and later the President of Idaho Power. Under his leadership, IDACORP focused on performance metrics like customer satisfaction and service reliability, steering the company through changing market demands. In 2020, Anderson's total compensation was about $6.3 million, which included a salary of around $633k and additional benefits. He also received a significant stock grant that would only vest in the future. After 24 years with the company, his retirement marked a significant transition for IDACORP. Even post-retirement, he remains active as a board member, bringing his extensive experience to the table. He is known for his deep understanding of the utility industry, strategic operations, and finance, making him a key figure at IDACORP during a time of growth and change.