Northwest Natural Holding Company announced the retirement of Timothy P. Boyle, Honorable Dave McCurdy, and Kenneth Thrasher from its Board of Directors, effective upon the adjournment of the 2025 Annual Meeting of Shareholders held on May 22, 2025. Steven E. Wynne also retired from the Board of Northwest Natural Gas Company.
Concurrently with these departures, the Board reduced its size from 13 to 10 members in accordance with the company's Amended and Restated Articles of Incorporation. The 2025 Annual Meeting also approved the appointment of Justin B. Palfreyman, the newly elected CEO, as a director.
These changes reflect a significant restructuring of the company's governance, aiming to streamline oversight and align leadership with the company's evolving strategic direction. The reduction in board size and the appointment of the CEO as a director are intended to enhance efficiency and focus at the board level.
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