At one point, Jan Packwood held 341,188 shares of IDACORP, representing a substantial part of his wealth. This figure showcased his significant stake in the company, which reflected his belief in IDACORP's growth potential. His holdings fluctuated over time, but...
At one point, Jan Packwood held 341,188 shares of IDACORP, representing a substantial part of his wealth. This figure showcased his significant stake in the company, which reflected his belief in IDACORP's growth potential. His holdings fluctuated over time, but by the time of his retirement in 2006, these shares added considerable value to his overall wealth. For instance, if we consider the closing stock price around that time, his holdings could be valued at a significant sum well beyond a million dollars. It highlights how closely tied an executive's financial fate can be to the company's performance, especially in a sector that can be volatile.