Benjamin Felton joins Portland General Electric as Chief Operating Officer

Energy executive brings deep industry knowledge, strong leadership and proven operating expertise to PGE’s commitment to delivering safe, reliable and affordable clean energy.

Mar. 16, 2023

Portland, Ore. — Portland General Electric (PGE) (NYSE:POR) today announced the appointment of Benjamin (Ben) Felton as the company’s new Chief Operating Officer, effective April 3, 2023. In his role, Felton will lead the utility operations groups, including generation, distribution, engineering, project management, environmental, construction, safety and other operations-focused areas.

"We are pleased to welcome Ben to PGE," said Maria Pope, president and CEO. "Ben brings a wealth of experience and deep operating expertise to our team and will play a key leadership role as we continue to serve customers with safe, reliable and affordable power, leading Oregon's clean energy transition.”

Felton comes to PGE with more than 30 years of energy industry experience with Consumers Energy, NiSource and DTE. He was most recently the senior vice president of Energy Supply at DTE. Prior to his current role, he held a variety of senior leadership positions including leading Electric Operations and Power Delivery at NIPSCO a subsidiary of NiSource, and Electric Systems Operations and Maintenance at Consumers Energy.

“I am honored to join PGE, a company known for its innovation and clean energy leadership,” said Felton. “There is a wealth of opportunity at PGE, and I am pleased to lead utility operations, bringing together core functions in driving a safe, efficient, customer-focused operating environment.”

Felton holds a degree in Business Management and received a Master of Arts in Business Administration and Management from Spring Arbor University.

About Portland General Electric Company

Portland General Electric (NYSE: POR) is a fully integrated energy company that generates, transmits and distributes electricity to over 900,000 customers in 51 cities across the state of Oregon. For more than 130 years, Portland General Electric (PGE) has powered the advancement of society, delivering safe, affordable, reliable and increasingly clean energy. To deliver on its strategy and meet state targets, PGE and its approximately 3,000 employees committed to partnering with stakeholders to achieve at least an 80% reduction in greenhouse gas emissions from power served to customers by 2030 and 100% reduction by 2040. PGE customers set the standard for prioritizing clean energy with the No. 1 voluntary renewable energy program in the country. Additionally, for the fifth year in a row, PGE was recognized by the Bloomberg Gender-Equality Index which highlights companies committed to creating a more equal and inclusive workplace. As a reflection of the company's commitment to the community it serves, in 2022, PGE employees, retirees and the PGE Foundation donated nearly $5.5 million and volunteered more than 18,000 hours with more than 400 nonprofits across Oregon. For more information visit PortlandGeneral.com/news.

Safe Harbor Statement

Statements in this news release that relate to future plans, objectives, expectations, performance, events and the like may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements made in this press release include Portland General Electric’s energy strategy for future periods and the acquisition of additional resources to meet retail customer demand as well as other statements containing words such as “anticipates,” “believes,” “intends,” “estimates,” “promises,” “expects,” “should,” “conditioned upon,” and similar expressions. Investors are cautioned that any such forward-looking statements are subject to risks and uncertainties, including failure to complete capital projects on schedule or within budget,; changes in capital market conditions, which could affect the availability and cost of capital and result in delay or cancellation of capital projects; the outcome of various legal and regulatory proceedings; general economic and financial market conditions; and the cost and availability of services, products and technology. As a result, actual results may differ materially from those projected in the forward-looking statements. All forward-looking statements included in this news release are based on information available to the company on the date hereof and such statements speak only as of the date hereof. The company expressly disclaims any current intention to update publicly any forward-looking statement after the distribution of this release, whether as a result of new information, future events, changes in assumptions or otherwise. Prospective investors should also review the risks, assumptions and uncertainties listed in the company’s most recent annual report on form 10-K and in other documents that we file with the United States Securities and Exchange Commission, including management’s discussion and analysis of financial condition and results of operations and the risks described therein from time to time.

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