J. LaMont Keen is known for his leadership at IDACORP and Idaho Power, where he served as CEO from 2006 until his retirement in 2014. Over nearly 40 years at Idaho Power, he built a strong reputation in the energy...
J. LaMont Keen is known for his leadership at IDACORP and Idaho Power, where he served as CEO from 2006 until his retirement in 2014. Over nearly 40 years at Idaho Power, he built a strong reputation in the energy sector. Keen's career includes pivotal roles like President and Chief Operating Officer, setting the stage for significant company growth during his tenure. He announced his retirement plans in 2013, leaving behind a legacy of structured succession that aimed at smooth leadership transitions, marking his dedication to the company’s future. His compensation strategy focused heavily on performance, linking executive pay closely to customer satisfaction and financial metrics. This pay-for-performance model reflects an understanding of aligning shareholder interests with corporate executive goals. Interestingly, his total compensation saw significant growth over the years, peaking at around $2.28 million in 2013 – a testament to the value placed on effective leadership at IDACORP. Keen's story highlights the importance of long-term service, strategic planning, and adapting to change in the corporate world.