NW Natural names Kimberly Rush president, effective April 1, 2025, as CEO transition begins
NW Natural's board elected Senior Vice President and Chief Operating Officer Kimberly H. Rush as president of NW Natural, effective April 1, 2025. The appointment coincides with Justin B. Palfreyman's expected appointment as CEO of NW Natural Holdings and NW Natural, replacing the retiring David H. Anderson. The filing describes a leadership change at the utility level and does not report financial results.
- Kimberly H. Rush elected president of NW Natural by the board on December 12, 2024; effective April 1, 2025
- Rush's compensation includes a $475,000 annual salary and a 50% Executive Annual Incentive Plan target
- Justin B. Palfreyman expected to become CEO, replacing retiring David H. Anderson
- Rush has a change in control severance agreement with a cash payment of two times base salary and target annual bonus