Independent
Tenure on this board
0.2 yrs
Also a director at
Middlesex Water Co (MSEX)
Meeting calendar
POR · Annual meeting · Friday, April 24, 2026
Portland General Electric Co
9 nominees · 3 ballot items.
Election of nine directors; Advisory (non-binding) vote to approve executive compensation (say-on-pay); Ratification of Deloitte & Touche LLP as independent registered public accounting firm for 2026.
Market cap
$6.1B
1Y TSR
+32.5%
Board grade
B-
Record date
Feb 23, 2026
Filing
DEF 14A
Meeting concluded · Apr 24, 2026
Follow how the vote landed and what changed on Portland General Electric Co’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
Proposals
On the ballot3
- 1
Election of Directors
ManagementBoard: FORElection of nine director nominees to serve until the 2027 Annual Meeting.
- 2
Advisory Vote on Executive Compensation
ManagementBoard: FORNon-binding, advisory vote to approve the compensation of the named executive officers as disclosed in the proxy statement.
More detail
The proposal asks shareholders to cast a non-binding advisory vote to approve the compensation of the Company’s named executive officers as disclosed in the proxy. Management seeks approval to validate its compensation philosophy, which emphasizes performance-conditioned pay, a mix of cash and equity, and metrics linking pay to financial, operational and strategic outcomes. The Compensation, Culture and Talent Committee establishes executive pay based on market data, internal equity, and input from independent compensation consultants; it uses an ACI Plan and long-term PSU and RSU awards with explicit metrics (Net Income, Customer Delight, SAIDI, EPS growth, Clean Energy and Capacity, Relative TSR). Management justifies the program as competitive, aligned with shareholders, and containing safeguards against excessive risk (diversified metrics, capped payouts, clawback policy). Company-specific context includes strong 2025 operational results, cost reductions, and use of non-GAAP adjustments to incentive metrics. Because this is advisory, the Board will consider the outcome in future decisions but is not bound by it.
- 3
Ratification of Appointment of Independent Registered Public Accounting Firm
ManagementBoard: FORRatify Deloitte & Touche LLP as the Company’s independent registered public accounting firm for fiscal year 2026.
Director elections
Nominees on the ballot9
Independent
Tenure on this board
7.2 yrs
Independent
Tenure on this board
1.1 yrs
Also a director at
Citigroup Inc (C)
Independent
Tenure on this board
5.5 yrs
Also a director at
Npk International Inc (NPKI)
Independent
Tenure on this board
7.5 yrs
Also a director at
Axis Capital Holdings Ltd (AXS)
Independent
Tenure on this board
2.5 yrs
Independent
Tenure on this board
3.8 yrs
Also a director at
Frontier Group Holdings Inc (ULCC)Omnicom Group Inc (OMC)
Not independent
Tenure on this board
8.5 yrs
Independent
Tenure on this board
5.5 yrs
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | BlackRock, Inc. | 7.9% | 9,098,918 | $480M |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 6.3% | 7,335,657 | $387M |
| 3 | Clearbridge Investments, LLC | 4.5% | 5,214,463 | $275M |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 4.5% | 5,153,597 | $272M |
| 5 | BlackRock, Inc. | 4.0% | 4,666,953 | $246M |
| 6 | STATE STREET CORP | 4.0% | 4,647,695 | $248M |
| 7 | AQR CAPITAL MANAGEMENT LLC | 3.7% | 4,300,529 | $225M |
| 8 | FULLER THALER ASSET MANAGEMENT, INC. | 3.4% | 3,934,845 | $208M |
| 9 | TWO SIGMA INVESTMENTS, LP | 2.6% | 3,040,919 | $160M |
| 10 | HITE Hedge Asset Management LLC | 2.3% | 2,690,996 | $142M |
Peers
Nearest market capOther Utilities sector meetings6
Upcoming shareholder meetings at Portland General Electric Co’s closest sector peers — compare boards, ballots, and ownership across the cohort.
Txnm Energy IncTXNM
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Black Hills CorpBKH
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Southwest Gas Holdings IncSWX
Annual meeting·May 7, 2026·$6.7B
Clearway Energy IncCWEN
Annual meeting·Apr 29, 2026·$6.9B
One Gas IncOGS
Annual meeting·May 21, 2026·$5.0B
Reference
Frequently asked questions
- When is the Portland General Electric Co 2026 annual meeting?
- Portland General Electric Co (POR) holds its 2026 annual shareholder meeting on Friday, April 24, 2026.
- What is the record date for the Portland General Electric Co 2026 meeting?
- The record date for the Portland General Electric Co 2026 meeting is Monday, February 23, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Portland General Electric Co's 2026 meeting?
- The board is presenting 9 director nominees at the Portland General Electric Co 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Portland General Electric Co 2026 meeting?
- Shareholders will vote on 3 proposals at the Portland General Electric Co 2026 meeting, each tagged with who proposed it and the board's recommendation.
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