BNET Industries

Market Cap:$1.1B
Last Fiscal Year Sales:$369.0M
  • Public
  • US
Dow Jones Description

Natural Gas Distribution

Chief Information Officer
David A. Weber
Number of Employees 717
Contact Information

220 NW 2nd Ave

Portland, Oregon 97209-3943

nwnatural.com

(503) 226-4211

NAICS Code Natural Gas Distribution: 221210

Recent Events

  • NW Natural reports expected Q3 loss

    11/03/09 - Financial Announcement - View Story

  • Daniel Named President Of NW Natural Gas Unit

    10/06/09 - Mgmt. Change Entering - President - View Story

  • Northwest Natural Gas: Worth Considering

    10/04/09 - Merger / Acquisition - View Story

  • Northwest Natural Gas Company hikes dividend for 54th consecutive year to USD0.415 per common share

    10/02/09 - Stock Split / Dividend - View Story

  • Northwest Natural Gas reports flat Q2'09 net income

    8/04/09 - Financial Announcement - View Story

  • NWN Reports Results for the Quarter & Six Months Ended June 30, 2009

    8/04/09 - Stock Split / Dividend - View Story

News & Analysis

northwest natural gas co. - All News and Analysis

Decision Makers

Name (plus bio) Position
David A. Weber Chief Information Officer
David Anderson Chief Financial Officer
Richard G. Reiten Chief Operating Officer
Richelle T. Luther Cgo & Corporate Secretary
Michael McCoy Executive Vice President
Lea Doolittle Senior Vice President
David R. Williams Vice President, Utility Services
Grant M. Yoshihara Vice President
J. Keith White Vice President
Margaret D. Kirkpatrick Vice President and General Counsel
Bill Edmonds Director of Environmental Policy & Sustainability
Bruce Dobbs Director of Commercial Construction
Phil Damiano Director of Residential Construction
Robert S. Hess Director, Ir
Cory Beck Manager of Consumer Information
Joy Schmieg Marketing Program Manager
Von Summers Manager
Stephen P. Feltz Treasurer and Controller
Albertina Kerr
Angel Santiago Customer Service Representative
C.J. Rue Secretary & Assistant Treasurer
Conrad J. Rue Secretary & Assistant Treasurer
James R Boehlke
Pat Pond
William Udy Senior Financial Analyst
Martha L. Byorum Director
Randall C. Papé Director
Stormy Byorum Director
Tod R. Hamachek Director

Board of Directors

Name (plus bio) Position
C. Scott Gibson Board of Directors
Gertrude Boyle Board of Directors
Jane L. Peverett Board of Directors
Timothy P. Boyle Board of Directors

Mr. Weber became NW Natural’s Chief Information Officer on April 10, 2001. He previously served as Director of Information Services for the company. He joined NW Natural in 2000 after a 16-year career with IBM as a project executive and consultant. Mr. Weber also served six years in the U.S. Marine Corps. He is a past chair of the American Gas Association’s Technical Advisory Committee and currently serves as a board member of Junior Achievement and of the Software Association of Oregon. Mr. Weber has a long history of technology management, dating back to his studies at the University of Denver, where he earned an undergraduate degree in Biological Sciences, Chemistry and Mathematics in 1980.

Organization Position Status
Northwest Natural Gas Company Chief Information Officer Current

Mr. Anderson is NW Natural’s Senior Vice President of Finance and Chief Financial Officer, a position he has held since 2004 when he joined the company. Before coming to NW Natural he was a senior vice president and CFO at TXU Gas. He previously held executive positions with other parts of the TXU organization. Mr. Anderson currently serves as a board member of the Northwest Gas Association, Oregon Mentors, and the Salvation Army. He is Secretary-Treasurer of Oregon Partnership and vice chair of the American Gas Association’s Finance Committee. He also sits on the Portland State University Advisory Board and the Oregon Department of Education’s Business Advisory Team. Mr. Anderson holds a BBA in Accounting from Texas Tech University.

Organization Position Status
Northwest Natural Gas Company Chief Financial Officer Current
Trinity Thermal Systems Technology and Chief Technology Officer Current
Northwest Natural Gas Company Senior Vice President Current
Northwest Natural Gas Company Board of Directors Current
TXU Corp. Vice President of Investor Relations Former
TXU Corp. Principal Accounting Officer Former
Texas Tech University B.B.A., Accounting Former
Texas Tech University Degree Former

Organization Position Status
Northwest Natural Gas Company Chief Operating Officer Current
IDACORP, Inc. Chairman of The Board of Northwest Natural Gas Company, Provider of Natural Gas In Oregon Current
IDACORP, Inc. Director Current
National Fuel Gas Company Director Current
Building Materials Holding Corporation Board of Directors Current
U.S. Bancorp Board of Directors Current
SelectBuild Board of Directors Current
Wisbusiness Committee Member Current
U.S. Bancorp Fund Services, LLC Committee Member Current
Moneypass ATM Locator Committee Member Current
The Publicity Agency Committee Member Current
Portland General Electric Co. president Former
PG&E Corporation President Former
Portland General Electric Co. Chief Operating Officer Former
Northwest Natural Gas Company Chairman of the Board Former
Northwest Natural Gas Company President Former
Northwest Natural Gas Company Chief Executive Officer Former
Northwest Natural Gas Company Board of Directors Former
Pgc Director Former
Idaho Power Company Board of Directors Former

Organization Position Status
Northwest Natural Gas Company Cgo & Corporate Secretary Current
Northwest Natural Gas Company Board of Directors Current
Northwest Natural Gas Company Corporate Secretary Former

Organization Position Status
Northwest Natural Gas Company Executive Vice President Current

Ms. Doolittle is NW Natural’s Senior Vice President with current responsibility for Human Resources, Payroll, Facilities, Safety and Security. Prior to joining NW Natural in 2000, Doolittle held several management positions at PacifiCorp starting in 1990. Previous employers were NERCO and Leopold and Stevens. Ms. Doolittle is a member of the Willamette University Atkinson School of Business advisory board and serves on the board for the College of Oriental Medicine. She has served on the STARS board, the United Way vision council and the local YMCA board of directors. She is past president of the World at Work (formerly American Compensation Association) Western Region and was on the board of directors for three years. Ms. Doolittle holds a Masters of Business Administration (MBA) degree from the Atkinson School of Business at Willamette University and a Bachelor of Arts degree from the University of Redlands.

Organization Position Status
Northwest Natural Gas Company Senior Vice President Current

Mr. Williams became NW Natural’s Vice President for Utility Services in 2007. He originally joined the company in 1978 in sales and marketing. He later moved into the operations side of the company, first as a district manager, and eventually Director of Utility Operations and Labor Relations. Mr. Williams currently serves on the Oregon Workforce Investment Board; the Central City and Downtown Services Committee of the Portland Business Alliance; the Multnomah County Homeless Youth Oversight Committee and the American Cancer Society Leadership Council. He graduated from Oregon State University with majors in business and social science.

Organization Position Status
Northwest Natural Gas Company Vice President, Utility Services Current
Northwest Natural Gas Company Board of Directors Current
Northwest Natural Gas Company General Manager, Utility Operations Former

Mr. Yoshihara became NW Natural’s Vice President of Utility Operations in 2007. He joined NW Natural in 1991 as a Gas Buyer/Analyst, and since has served as General Manager of Consumer Services and Managing Director of Utility Services. Before joining NW Natural, he spent 12 years in the electric utility and independent power development industry. Mr. Yoshihara serves on the board of Volunteers of America, Japan-America Society of Oregon and the American Leadership Forum. He holds a bachelor’s and a master’s degree in nuclear engineering from Oregon State University and an MBA from the University of Oregon. He is a licensed professional engineer in the State of Oregon.

Organization Position Status
Northwest Natural Gas Company Vice President Current
Northwest Natural Gas Company General Manager, Marketing, Development and Utility Operations Former
Northwest Natural Gas Company Managing Director, Utility Services Former

Mr. White became Vice President, Business Development and Energy Supply for the company on January 1, 2007. He has held the position of Chief Strategic Officer since 2003. Prior to joining the Company in 1996, Mr. White had a 21-year career with Portland General Electric (PGE). He held a number of different positions while at PGE in the corporate planning, business development, marketing and regulatory areas. Mr. White currently serves on the Board of LifeWorks NW, a local non-profit focused on mental health and addiction services. He holds an undergraduate degree in Business from Oregon State University.

Organization Position Status
Northwest Natural Gas Company Vice President Current
Northwest Natural Gas Company Chief Strategic Officer Former
Northwest Natural Gas Company Managing Director, Gas Operations and Wholesale Services Former
Northwest Natural Gas Company Director, Strategic Development Former

Ms. Kirkpatrick is NW Natural’s Vice President and General Counsel, positions she has held since she joined the company in 2005. Before coming to NW Natural, she was a partner with Stoel Rives, LLP, a law firm she had been associated with since 1983. She previously served as a law clerk for Oregon Court of Appeals Judge Michael Gillette. Ms. Kirkpatrick currently is on the board of directors of Associated Oregon Industries, where she sits on the executive committee and chairs the task force on education and work force training. She is on the steering committee for the Oregon Business Plan and is on the board of the Multnomah County Library Foundation. Ms. Kirkpatrick has a bachelor’s degree from the College of Wooster, a JD from Lewis and Clark College and an LLM from the University of Edinburgh

Organization Position Status
Northwest Natural Gas Company Vice President and General Counsel Current
Northwest Natural Gas Company General Counsel Former

Organization Position Status
Northwest Natural Gas Company Director of Environmental Policy & Sustainability Current
The Climate Trust Board of Directors Current
Protecting Oregonians Board of Directors Current
West and Associates, Inc. President Former
The Climate Trust Chair Former
Williams College B.A. In Political Science Former

Organization Position Status
Northwest Natural Gas Company Director of Commercial Construction Current
Northwest Natural Gas Company New Construction Supervisor Current

Organization Position Status
Northwest Natural Gas Company Director of Residential Construction Current
Northwest Natural Gas Company Green Building Project Manager Current

Organization Position Status
Northwest Natural Gas Company Director, Ir Current
Northwest Natural Gas Company Board of Directors Current

Organization Position Status
Northwest Natural Gas Company Manager of Consumer Information Current

Organization Position Status
Northwest Natural Gas Company Marketing Program Manager Current

Organization Position Status
Northwest Natural Gas Company Manager Current
Co-Humanity Volunteer Current
Oregon Childrens Foundation Chair, NW Natural Current
Oregon State University Former

Organization Position Status
Multnomah County Library Treasurer, Controller, Northwest Natural Gas Current
Northwest Natural Gas Company Treasurer and Controller Current
Northwest Natural Gas Company Internal Auditor Current
Northwest Natural Gas Company Treasurer Current
Multnomah County Library Board of Directors Current
Oregon Sports Authority Board Member Current
Blanchet House Board Member Current
University of Portland Bachelors of Business Administration, Accounting Former
University of Oregon Undergraduate Former

Organization Position Status
Northwest Natural Gas Company Current

Organization Position Status
Latino Perspective Vice President Current
Northwest Natural Gas Company Customer Service Representative Current

Organization Position Status
NNG Financial Corporation Secretary Current
Northwest Natural Gas Company Secretary & Assistant Treasurer Current
Northwest Natural Gas Company Secretary Current

Organization Position Status
Northwest Natural Gas Company Secretary & Assistant Treasurer Current

Organization Position Status
Northwest Natural Gas Company Current

Organization Position Status
Capitol Racing, Inc. Current
Northwest Natural Gas Company Current

William Udy has served as a board member and finance director of Cascade Policy Institute since it was founded in 1991. He is a senior financial analyst at NW Natural, where he has served for most of his career. Udy is a long-time activist in the individual liberty, property rights and limited government community. Prior to Cascade's founding, he served as treasurer of the 1990 general election campaign for a citizens' initiative that would have provided educational tax credits for all K-12 students in Oregon. A resident of Tigard, Oregon, Udy enjoys traveling, hiking, biking and playing the piano.

Organization Position Status
Cascade Policy Institute Finance Director Current
Northwest Natural Gas Company Senior Financial Analyst Current
Cascade Policy Institute Board Member and Finance Director Current

Mr. Gibson has been President of Gibson Enterprises, a venture capital firm, since its formation in 1992. In 1983, Mr. Gibson co-founded Sequent Computer Systems and served as its President from 1988 until March 1992. Before his tenure at Sequent, Mr. Gibson served as General Manager for the Memory Components Division of Intel Corporation. Mr. Gibson serves as Chairman of the Board of Radisys Corporation, and as a director of TriQuint Semiconductor, Pixelworks and Electroglas, Inc. He also serves as a member of the Board of Trustees of the Oregon Community Foundation, the OHSU Foundation and is Vice Chair of the Oregon Health and Science University governing board. Mr. Gibson earned a Bachelor of Science degree in electrical engineering and a Masters in Business degree from the University of Illinois.

Organization Position Status
Gibson Enterprises Inc. President Current
Street Online Services, Inc. Chairman of the Board Current
Oregon Health & Science University Vice Chairman Current
Verigy Ltd. Board of Directors Current
TriQuint Semiconductor, Inc. Board of Directors Current
Pixelworks Inc. Board of Directors Current
Northwest Natural Gas Company Board of Directors Current
The Oregon Community Foundation Director Current
RadiSys Corporation Board of Directors Current
Sequent Computer Systems President Former
Sequent Computer Systems Co-Founder Former
The Sequent Founder Former
University of Illinois M.B.A. Former
University of Illinois B.S.E.E. Former

Organization Position Status
American Heart Association, Inc. Board Member Current
Northwest Natural Gas Company Board of Directors Current
Columbia Sportswear Company Chairman of the Board Former
Columbia Sportswear Company Board of Directors Former
The Boys & Girls Aid Society Board Member Former
International Women's Forum Board Member Former
The University of Arizona Degree In Sociology Former

Since 2005, Peverett has served as President and Chief Executive Officer of British Columbia Transmission Corporation (BCTC), an electric utility in Vancouver, British Columbia. Between 2003 and 2005, she served as Chief Financial Officer of BCTC. Prior to joining BCTC, from 1988 through 2003, Peverett held various senior positions with Union Gas Limited of Toronto, Ontario, including serving as its President and Chief Executive Officer between 2001 and 2003. Peverett serves on the Board of Directors of Encana Corporation, the B.C. Business Council and the Canadian Electricity Association. Peverett earned a Bachelor of Commerce degree from McMaster University and a Master of Business Administration degree from Queen’s University. She is a certified management accountant.

Organization Position Status
Northwest Natural Gas Company Board of Directors Current
Canadian Imperial Bank of Commerce Board of Directors Current

Organization Position Status
Amherst College Life Trustee Current
Southern Methodist University Graduate Former
M&F Worldwide Corp. Board of Directors Current

Organization Position Status
Sanipac, Inc. Owner Current
Oregon Business Council Chair Current
Sanipac, Inc. Director Current
Flightcraft Inc. Director Current
Northwest Natural Gas Company Director Current
LibertyBank Board of Directors Current
Industrial Finance Co., Inc. Director Current
LibertyBank CEO Former
Mt Bachelor Corporation President Former
LibertyBank President Former
Mt Bachelor Corporation Director Former
University of Oregon Bachelor of Science Degree In Finance Former

Ms. Byorum was previously on the investment committee of a US$50 million "warehouse" investment facility provided by CDP International for investments in Latin America, and is presently on the Investment Committee for the TCW/Latin American Partners, LP. She represented TCW on the Board of Emprendamiento Compartido S.A., one of Argentina's most successful pension funds and financial groups. She was a trustee and chairman of the finance committee of the Folger Shakespeare Library in Washington, DC for 14 years, a Trustee of Amherst College for 12 years and is now a Life Trustee of the College. She also serves on the Board of the International Center for Research on Women, the world's largest research institution addressing the problems of women in emerging economies, and she is a director of Aeterna Laboratories, a NASDAQ listed biotech company, and Northwest Natural Gas, a leading gas distributor in the Pacific Northwest. Ms. Byorum graduated from Southern Methodist University and the Wharton School at the University of Pennsylvania. In August 2000, she was named by "Global Finance" magazine as among the 15 most powerful women in global finance.

Organization Position Status
Northwest Natural Gas Company Director Current
Wharton Graduate School of the University of Pennsylvania Former
Southern Methodist University Former

Tim Boyle has served as president and chief executive officer of Columbia Sportswear Company since 1989 and oversees operations of the active outdoor company from its Portland, Oregon headquarters. Tim's career with Columbia Sportswear began in 1970 when, during his senior year at The University of Oregon, his father, who had been running the company since 1964, died suddenly of a heart attack. Tim's mother, Gert Boyle, quickly enlisted Tim's help in order to continue the aggressive expansion that her husband had initiated and that had expanded the company's sales that year to $1 million. After struggling for two years to regain momentum, the company began to grow. By 1997, sales had grown to more than $350 million and the company went public in March 1998. Today global sales are approximately $1.3 billion. An alumnus of Portland, Oregon's Jesuit High School (1967) and the University of Oregon (1971, B.S. Journalism), Tim provides business guidance as a board member of Craft Brewers Alliance Inc., and Northwest Natural Gas Co. He is also a board member of Oregon Trout and serves as a trustee of Reed College, Youth Outdoor Legacy Fund, and Boy's and Girl's Club of America.

Organization Position Status
Columbia Sportswear Company President and Chief Executive Officer and Director (Principal Executive Officer) Current
University of Oregon Foundation Board of Directors Former
123Jump.com Current
Widmer Brothers Brewing Co Member , Board of Directors Current
Oregon Trout Board of Directors Current
Columbia Sportswear Company Board of Directors Current
Northwest Natural Gas Company Board of Directors Current
Craftbrewers.Com Board of Directors Current
Reed College Board of Directors Current
Reed College Trustee Current
Columbia Sportswear Company President Former
Mountain Hardwear Inc. Former
Young Presidents' Organization Board of Directors Former
University of Oregon Bachelor of Science Degree In Journalism Former
Young Presidents' Organization Member Former

Organization Position Status
123Jump.com Current
Blethen Corporation Director Current
Northwest Natural Gas Company Director Current
Seattle Times Company Director Current
Penford Corporation Chief Executive Officer Former
Penwest Pharmaceuticals, Co. CEO Former
Penford Corporation President Former
Penwest Pharmaceuticals, Co. Chairman Former
Williams College Former
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     NWN $43.70 +0.88 (2.06% )
Average Volume 116,228
Shares Outstanding 26.52M
Market Cap 1.2B
Year High 51.44
Year Low 37.71
Earnings Per Share 2.89
P/E Ratio 15.12
Dividend 1.66
Yield 3.80
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