News Column

IDACORP INC FILES (8-K) Disclosing Change in Directors or Principal Officers, Submission of Matters to a Vote of Security Holders

May 21, 2014



Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective immediately prior to the 2014 Annual Meeting of Shareholders (the "2014 Annual Meeting") of IDACORP, Inc. ("IDACORP") held in Boise, Idaho on May 15, 2014, Mr. C. Stephen Allred retired from the boards of directors of IDACORP and its primary subsidiary, Idaho Power Company ("Idaho Power"). Mr. Allred's retirement was in accordance with IDACORP's and Idaho Power's bylaws and corporate governance guidelines, which impose a mandatory director retirement age of 72. Mr. Allred served with distinction as a member of the boards of directors of IDACORP and Idaho Power since 2009.

Item 5.07 Submission of Matters to a Vote of Security Holders.

At the 2014 Annual Meeting, three proposals were submitted to shareholders as described in IDACORP's definitive proxy statement, dated April 2, 2014, relating to the 2014 Annual Meeting. The proposals and the results of the shareholder votes were as follows:

Broker Proposal to elect ten directors for one-year terms For Withheld Non-Votes Darrel T. Anderson 36,779,423 355,040 6,117,447 Thomas Carlile 36,747,632 386,831 6,117,447 Richard J. Dahl 36,223,012 911,452 6,117,447 Ronald W. Jibson 36,697,011 437,452 6,117,447 Judith A. Johansen 36,761,912 372,551 6,117,447 Dennis L. Johnson 36,769,023 365,440 6,117,447 J. LaMont Keen 36,773,260 361,204 6,117,447 Joan H. Smith 36,742,806 391,658 6,117,447 Robert A. Tinstman 36,681,805 452,658 6,117,447 Thomas J. Wilford 36,739,045 395,418 6,117,447



The nominations were made by the IDACORP Board of Directors. The nominees were current members of the IDACORP Board of Directors at the date of the 2014 Annual Meeting. All of IDACORP's nominees were elected, with each nominee receiving a plurality of the votes cast. In addition, then incumbent directors whose terms of office continued after the 2014 Annual Meeting were Christine King and Jan B. Packwood. All members of the IDACORP Board of Directors are also members of the Idaho Power Board of Directors. Advisory resolution to approve executive

Broker compensation For Against Abstentions Non-Votes 35,750,746 1,022,558 361,160 6,117,447 The proposal was approved, with the votes cast in favor exceeding the votes cast against the proposal. Proposal to ratify the appointment of Deloitte & Touche LLP as IDACORP's independent registered public accounting Broker



firm for the year ending December 31, 2014 For Against Abstentions Non-Votes

42,734,573 319,962 197,375 -



The proposal was approved, with the votes cast in favor exceeding the votes cast against the proposal.

--------------------------------------------------------------------------------


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Edgar Glimpses


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters