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NW Natural Holdings Announces Mary E. Ludford as Board Member

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NW Natural Holding Company (NYSE: NWN) has elected Mary E. Ludford to its board of directors, effective August 19, 2024. Ludford brings extensive energy industry experience, having served in various executive roles at Exelon and its subsidiaries. Her most recent position was deputy chief security officer at Exelon from 2018 until her retirement in 2020. Ludford also currently serves on the board of Otter Tail (NASDAQ: OTTR).

Malia H. Wasson, NW Natural Holdings' board chair, expressed confidence in Ludford's ability to contribute valuable insights to the company's work. Ludford will also join the board of Northwest Natural Gas Company, NW Natural Holdings' wholly owned subsidiary, on the same date.

La NW Natural Holding Company (NYSE: NWN) ha nominato Mary E. Ludford nel suo consiglio di amministrazione, con effetto dal 19 agosto 2024. Ludford porta un'ampia esperienza nel settore energetico, avendo ricoperto vari ruoli dirigenziali in Exelon e nelle sue filiali. La sua posizione più recente è stata quella di vicesegretario alla sicurezza in Exelon dal 2018 fino al suo pensionamento nel 2020. Ludford attualmente fa anche parte del consiglio di Otter Tail (NASDAQ: OTTR).

Malia H. Wasson, presidente del consiglio di NW Natural Holdings, ha espresso fiducia nella capacità di Ludford di contribuire con preziose intuizioni al lavoro dell'azienda. Ludford entrerà anche nel consiglio della Northwest Natural Gas Company, filiale interamente posseduta da NW Natural Holdings, nella stessa data.

NW Natural Holding Company (NYSE: NWN) ha elegido a Mary E. Ludford para su junta directiva, efectiva a partir del 19 de agosto de 2024. Ludford aporta una amplia experiencia en la industria de la energía, habiendo ocupado varios roles ejecutivos en Exelon y sus subsidiarias. Su puesto más reciente fue el de subdirectora de seguridad en Exelon desde 2018 hasta su jubilación en 2020. Ludford también forma parte actualmente de la junta de Otter Tail (NASDAQ: OTTR).

Malia H. Wasson, presidenta de la junta de NW Natural Holdings, expresó confianza en la capacidad de Ludford para aportar valiosas perspectivas al trabajo de la empresa. Ludford también se unirá a la junta de Northwest Natural Gas Company, subsidiaria de propiedad total de NW Natural Holdings, en la misma fecha.

NW Natural Holding Company (NYSE: NWN)는 메리 E. 루드포드를 이사로 선임했습니다, 2024년 8월 19일부터 효력이 발생합니다. 루드포드는 엑셀론 및 그 자회사에서 다양한 임원직을 역임하며 에너지 산업에서 폭넓은 경험을 쌓았습니다. 그녀의 가장 최근 직위는 2018년부터 2020년까지 엑셀론의 부사장 격 보안 책임자였습니다. 현재 루드포드는 오터 테일 (NASDAQ: OTTR)의 이사회에도 재직하고 있습니다.

NW Natural Holdings의 이사회 의장인 말리아 H. 와슨은 루드포드가 회사의 작업에 귀중한 통찰력을 제공할 수 있을 것이라고 확신한다고 밝혔습니다. 루드포드는 동일 날짜에 NW Natural Holdings의 전액 출자 자회사인 Northwest Natural Gas Company의 이사회에도 합류할 예정입니다.

La NW Natural Holding Company (NYSE: NWN) a élu Mary E. Ludford à son conseil d'administration, avec effet au 19 août 2024. Ludford apporte une vaste expérience de l'industrie de l'énergie, ayant occupé divers postes exécutifs chez Exelon et ses filiales. Son dernier poste était celui de directrice adjointe de la sécurité chez Exelon de 2018 jusqu'à sa retraite en 2020. Ludford siège également actuellement au conseil d'Otter Tail (NASDAQ: OTTR).

Malia H. Wasson, présidente du conseil d'administration de NW Natural Holdings, a exprimé sa confiance dans la capacité de Ludford à apporter des informations précieuses au travail de l'entreprise. Ludford rejoindra également le conseil de la Northwest Natural Gas Company, une filiale entièrement détenue de NW Natural Holdings, à la même date.

Die NW Natural Holding Company (NYSE: NWN) hat Mary E. Ludford in ihren Vorstand gewählt, mit Wirkung zum 19. August 2024. Ludford bringt umfassende Erfahrung in der Energiebranche mit, da sie in verschiedenen Führungspositionen bei Exelon und seinen Tochtergesellschaften tätig war. Ihre aktuellste Position war die stellvertretende Sicherheitsleiterin bei Exelon von 2018 bis zu ihrer Pensionierung im Jahr 2020. Ludford ist auch derzeit Mitglied des Vorstands von Otter Tail (NASDAQ: OTTR).

Malia H. Wasson, Vorsitzende des Vorstands von NW Natural Holdings, äußerte ihr Vertrauen in Ludfords Fähigkeit, wertvolle Einblicke in die Arbeit des Unternehmens zu liefern. Ludford wird am gleichen Datum auch dem Vorstand der Northwest Natural Gas Company, einer Tochtergesellschaft von NW Natural Holdings, beitreten.

Positive
  • Addition of a board member with extensive energy industry experience
  • New director brings expertise in various areas including security, operations, and finance
  • Potential for fresh insights and perspectives in company governance
Negative
  • None.

New Director Brings Extensive Industry Experience

PORTLAND, Ore.--(BUSINESS WIRE)-- NW Natural Holding Company’s (NYSE: NWN) board of directors has elected a new member, Mary E. Ludford, effective August 19, 2024.

From 2018 until her retirement in 2020, Ludford served as deputy chief security officer for Exelon Corporation, a leading provider of utility services in the United States. She previously served as vice president, corporate operations from 2016 to 2018 and as chief audit executive from 2010 until 2016 at Exelon.

Additionally, Ludford served from 2009 to 2010 as vice president of smart grid and smart meters, as vice president of customer operations from 2007 to 2009, and as vice president finance from 2006 to 2007 at PECO Energy (an Exelon company). She also served as vice president of customer financial operations at Commonwealth Edison and PECO Energy from 2005 to 2006. Prior to 2005, Ludford held a variety of roles of increasing responsibility and complexity in the energy industry.

Ludford currently serves on the board of directors of Otter Tail Corporation (NASDAQ: OTTR), where she also serves on its audit and corporate governance committees. She holds a Master of Business Administration from the Quinlan School of Business at Loyola University Chicago and a Bachelor of Business from Western Illinois University.

“We are pleased to welcome Mary and her extensive energy industry experience to our Board,” said Malia H. Wasson, NW Natural Holdings’ board chair. “She offers a wealth of knowledge and insights that will be invaluable to the work we do.”

Ludford was also elected to the board of directors of Northwest Natural Gas Company (NW Natural), the company’s wholly owned subsidiary, commencing on August 19, 2024.

About NW Natural Holdings

Northwest Natural Holding Company (NYSE: NWN) (NW Natural Holdings) is headquartered in Portland, Oregon and has been doing business for over 165 years in the Pacific Northwest. It owns NW Natural Gas Company (NW Natural), NW Natural Water Company (NW Natural Water), NW Natural Renewables Holdings (NW Natural Renewables), and other business interests.

We have a longstanding commitment to safety, environmental stewardship and the energy transition, and taking care of our employees and communities. NW Natural Holdings was recognized by Ethisphere® for the third consecutive year in 2024 as one of the World’s Most Ethical Companies®. NW Natural consistently leads the industry with high J.D. Power & Associates customer satisfaction scores. Learn more in our latest Community and Sustainability Report at nwnatural.com/about-us/the-company/sustainability.

NW Natural is a local distribution company that currently provides natural gas service to approximately 2 million people in more than 140 communities through more than 800,000 meters in Oregon and Southwest Washington with one of the most modern pipeline systems in the nation. NW Natural owns and operates 21.6 Bcf of underground gas storage capacity in Oregon.

NW Natural Water provides water distribution and water and wastewater services to communities throughout the Pacific Northwest, Texas and Arizona. NW Natural Water serves nearly 185,000 people through approximately 74,000 meters and provides operation and maintenance services to an additional 19,000 connections. Learn more about our water business at nwnaturalwater.com.

NW Natural Renewables is a competitive business committed to leading in the energy transition by providing renewable fuels to support decarbonization in the utility, commercial, industrial and transportation sectors. Learn more at nwnaturalrenewables.com.

Additional information is available at nwnaturalholdings.com.

“World’s Most Ethical Companies” and “Ethisphere” names and marks are registered trademarks of Ethisphere LLC

Investor Contact:

Nikki Sparley

Phone: 503-721-2530

Email: nikki.sparley@nwnatural.com

Media Contact:

David Roy

Phone: 503-610-7157

Email: david.roy@nwnatural.com

Source: NW Natural

FAQ

Who is Mary E. Ludford and when will she join NW Natural Holdings' board?

Mary E. Ludford is a former executive of Exelon with extensive energy industry experience. She will join NW Natural Holdings' (NYSE: NWN) board of directors effective August 19, 2024.

What positions did Mary E. Ludford hold at Exelon ?

Mary E. Ludford held several positions at Exelon , including deputy chief security officer (2018-2020), vice president of corporate operations (2016-2018), and chief audit executive (2010-2016).

Does Mary E. Ludford serve on any other company boards?

Yes, Mary E. Ludford currently serves on the board of directors of Otter Tail (NASDAQ: OTTR), where she is also a member of the audit and corporate governance committees.

Will Mary E. Ludford join the board of NW Natural's subsidiary company?

Yes, Mary E. Ludford will also join the board of directors of Northwest Natural Gas Company, NW Natural Holdings' wholly owned subsidiary, on August 19, 2024.

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