Scott Morris - Avista Chairman

AVA Stock  USD 38.69  0.09  0.23%   

Chairman

Mr. Scott L. Morris serve as NonExecutive Chairman of the Board of the Company, effective March 1, 2020. He is Executive Chairman of the Board of the Company, effective October 1, 2019. He is no longer Chief Executive Officer of the Company, effective October 1, 2019. From January 2008 to January 2018 he also served as the Companys President. From May 2006 to December 2007, he served as the Companys President and Chief Operating Officer . Mr. Morris also serves as chair of the Companys subsidiaries, including having served as chair of the Ecova board until its sale on June 30, 2014. Mr. Morris was with the Company since 1981 and his experience includes management positions in construction and customer service and general manager of the Companys Oregon utility business. He was elected as a vice president in November 2000 and in February 2002 he was elected as a senior vice president. He is a graduate of Gonzaga University and received his masters degree from Gonzaga University in organizational leadership. He also attended the Stanford Business School Financial Management Program and the Kidder Peabody School of Financial Management. Mr. Morris serves on the boards of the Washington Roundtable, Greater Spokane Incorporated, Edison Electric Institute and McKinstry and serves as Chairman of the Board of Trustees of Gonzaga University. He has served on a number of Spokane nonprofit and economic development Boards since 2019.
Age 63
Tenure 5 years
Address 1411 East Mission Avenue, Spokane, WA, United States, 99202-2600
Phone509 489 0500
Webhttps://www.investor.avistacorp.com/
Morris has extensive utility experience having spent his entire career in the industry. He brings to the Board a deep knowledge and understanding of the Company and its subsidiaries, having served in a number of management capacities throughout the Company, including president of Utility Operations, managing the Company’s Oregon gas operations, customer service, and construction areas and CEO of the Company’s subsidiary, Ecova. He has experience leading a number of economic development and business association boards.

Scott Morris Latest Insider Activity

Tracking and analyzing the buying and selling activities of Scott Morris against Avista stock is an integral part of due diligence when investing in Avista. Scott Morris insider activity provides valuable insight into whether Avista is net buyers or sellers over its current business cycle. Note, Avista insiders must abide by specific rules, including filing SEC forms every time they buy or sell Avista'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Avista Management Efficiency

The company has Return on Asset of 0.025 % which means that on every $100 spent on assets, it made $0.025 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0798 %, implying that it generated $0.0798 on every 100 dollars invested. Avista's management efficiency ratios could be used to measure how well Avista manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.02. The current year's Return On Capital Employed is expected to grow to 0.06. At present, Avista's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 409.8 M, whereas Total Assets are forecasted to decline to about 5.1 B.
Avista has 3.03 B in debt with debt to equity (D/E) ratio of 1.18, which is OK given its current industry classification. Avista has a current ratio of 0.74, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Avista to invest in growth at high rates of return.

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Avista Corporation, together with its subsidiaries, operates as an electric and natural gas utility company. Avista Corporation was incorporated in 1889 and is headquartered in Spokane, Washington. Avista Corp is traded on New York Stock Exchange in the United States. Avista (AVA) is traded on New York Stock Exchange in USA. It is located in 1411 East Mission Avenue, Spokane, WA, United States, 99202-2600 and employs 31 people. Avista is listed under Multi-Utilities category by Fama And French industry classification.

Management Performance

Avista Leadership Team

Elected by the shareholders, the Avista's board of directors comprises two types of representatives: Avista inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Avista. The board's role is to monitor Avista's management team and ensure that shareholders' interests are well served. Avista's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Avista's outside directors are responsible for providing unbiased perspectives on the board's policies.
Heather Rosentrater, Senior Vice President - Energy Delivery and Shared Services
Marian Durkin, Senior Vice President, Chief Compliance Officer, General Counsel, Corporate Secretary, Chief Legal Officer
Heidi Stanley, Independent Director
Scott Morris, Chairman, CEO and President and Chairman of Executive Committee
Latisha Hill, Vice President - Community and Economic Vitality
Wayne Manuel, Chief VP
Joshua Diluciano, Vice Delivery
David Meyer, Chief Counsel - Regulatory and Governmental Affairs, Vice President
Alec Mesdag, President Co
Dennis Vermillion, President and Environmental Compliance Officer, Director
Donald Burke, Independent Director
Jeffry Philipps, Independent Director
Scott Kinney, Vice Resources
Ryan Krasselt, Principal Accounting Officer, Vice President Controller
Scott Maw, Independent Director
Mark Thies, Chief Financial Officer, Executive Vice President, Treasurer
Bryan Cox, Vice President - Safety and Human Resources Shared Services
James Kensok, Vice President, Chief Information Officer, Chief Security Officer
Gregory Hesler, Chief Ethics and Compliance Officer, Vice President, General Counsel, Corporate Secretary
Julie Bentz, Independent Director
Kristianne Blake, Lead Independent Director
Marc Racicot, Independent Director
John Taylor, Independent Director
Gregory JD, General VP
Kevin Christie, Senior Vice President - External Affairs, Chief Customer Officer
Jason Thackston, Senior Vice President, Vice President - Energy Resources, Environmental Compliance Officer
Grant Forsyth, Chief Economist
Sena Kwawu, Independent Director
Janet Widmann, Independent Director
Edward Schlect, Vice President Chief Strategy Officer
Rebecca Klein, Independent Director

Avista Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Avista a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Avista offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Avista's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Avista Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Avista Stock:
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Is Multi-Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avista. If investors know Avista will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avista listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.211
Dividend Share
1.885
Earnings Share
2.53
Revenue Per Share
24.563
Quarterly Revenue Growth
0.037
The market value of Avista is measured differently than its book value, which is the value of Avista that is recorded on the company's balance sheet. Investors also form their own opinion of Avista's value that differs from its market value or its book value, called intrinsic value, which is Avista's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avista's market value can be influenced by many factors that don't directly affect Avista's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Avista's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avista is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avista's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.