Scott L. Morris has been the driving force behind Avista Corporation, serving as CEO from January 2008 until his retirement in March 2020. He started with the company in 1981 and gradually climbed the ranks, holding various management positions. Scott...

Current Market Cap

$2.97B

Number of Employees

1.86K

Total Compensation

2016 - 2020

Trending down by -2.18% last year
Showing total compensation for the last 2016 - 2020

Stock

Down by -14.79% last year

Salary

Down by -14.62% last year

Bonus

Up by 1.28% last year

Other

Up by 859.33% last year

Year

2020

Total Compensation

$3.06M

Salary

$737.69K

Board Justification

The compensation program is designed to align the interests of our NEOs with those of our shareholders and to pay for achieved performance, with a significant portion of compensation linked to specific corporate performance goals.

Bonus

$1.78M

Board Justification

The actual annual cash incentive plan amount paid in early 2021 for 2020 performance, based on performance metrics achieved.

Other

$120.88K

Board Justification

Includes employer matching contributions under both the EDC Plan and the Investment and Employee Stock Ownership Plan (the 401(k) plan).

Restricted Stock

$418.77K(8.19K RSU)

Board Justification

The value of the RSUs that vested in early 2021, which are time-based and vest over a three-year period.

Performance Metrics

The performance metrics for the CEO's compensation in 2020 included Consolidated Earnings Per Share, customer satisfaction, and operational performance.

SEC Filing

From March 31, 2021