Business Context and Reporting Period
This Form 8-K Current Report was filed by Avista Corporation on July 2, 2026. The filing addresses a material corporate governance event under Item 5.02 regarding the departure of a senior officer.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to personnel changes and contains no financial performance data.
Material Changes
The primary material change is the announced retirement of Jason R. Thackston, Senior Vice President of Growth, Energy Policy and External Relations. His departure is effective January 1, 2027. Mr. Thackston will transition his responsibilities over the next six months prior to his departure.
Outlook, Commentary, and Risks
- Future Role: Mr. Thackston will join Whitworth University as Vice President of Finance and Administration and Chief Financial Officer.
- Reason for Departure: Management explicitly states the departure is not due to any disagreement with the Company's management or Board of Directors.
- Transition Plan: A six-month transition period is scheduled to ensure the orderly transfer of duties.
Investor Verification Checklist
- Confirm the effective date of Mr. Thackston's retirement (January 1, 2027).
- Monitor subsequent filings for the appointment of a successor to the Senior Vice President of Growth, Energy Policy and External Relations role.
- Review the Company's next quarterly report (10-Q) or annual report (10-K) for any financial impact related to executive compensation or transition costs, as none are detailed in this 8-K.