Dennis P. Vermillion, the CEO of Avista Corporation, has a solid background in engineering, holding a Bachelor of Science degree in Electrical Engineering from Washington State University. He joined Avista in 1985 and has worked in various roles, building expertise...
Dennis P. Vermillion, the CEO of Avista Corporation, has a solid background in engineering, holding a Bachelor of Science degree in Electrical Engineering from Washington State University. He joined Avista in 1985 and has worked in various roles, building expertise across areas like energy trading, risk management, and regulatory issues. Before taking over as CEO in October 2019 after serving as President of Avista Utilities, he was the Senior Vice President and Environmental Compliance Officer. Under his leadership, Avista is focusing on long-term value creation, aligning executive pay with performance. In 2023, his total compensation was approximately $1.11 million, primarily coming from a salary and performance-based bonuses, reflecting the company's operational goals. An interesting note: he has also been deeply involved at community level, serving on boards such as the Spokane County United Way and the Avista Foundation, highlighting a commitment to social causes alongside corporate responsibilities.