PORTLAND, Ore., March 13, 2026 — Robert Hoglund has been put forward by the Portland General Electric (NYSE:POR) board of directors to run for election as a new independent director at PGE’s 2026 annual meeting of shareholders. Should he be elected by PGE shareholders, his term will commence on May 1, 2026.
“We are delighted to have Robert join the PGE Board,” stated Jim Torgerson, chair of PGE’s board of directors. “Robert brings substantial utility industry experience and financial know – how that will be of great use as we keep navigating the changing energy landscape and delivering value to our customers and stakeholders.”
Hoglund is an experienced financial executive who has spent over two decades at Consolidated Edison, Inc., including more than 18 years as Senior Vice President and Chief Financial Officer. Before joining Consolidated Edison, he spent over 15 years in investment banking, mainly in utility mergers and acquisitions, such as serving as a Managing Director in the M&A department and as the utilities group head at Citigroup.
Hoglund currently sits on the boards of Middlesex Water Company and South Jersey Industries. He holds a Bachelor’s, MBA, and JD degree from the University of Virginia.
Hoglund will serve on PGE’s Audit and Risk Committee as well as the Compensation, Culture and Talent Committee.
About Portland General Electric Company
Portland General Electric (NYSE: POR) is an integrated energy company that generates, transmits, and distributes electricity to nearly 960,000 customers in an area serving approximately 2 million Oregonians. Since 1889, Portland General Electric (PGE) has been powering economies, providing safe, affordable, and reliable electricity while working to transform energy systems to meet the changing needs of customers. PGE is making progress towards its emissions reduction targets, and customers have set the standard for prioritizing clean energy with the nation’s No. 1 voluntary renewable energy program. PGE is ranked among the top ten utilities in the 2025 Forrester U.S. Customer Experience Index. In 2025, PGE employees and retirees volunteered over 18,300 hours to more than 400 nonprofit organizations. Through the PGE Foundation, along with corporate contributions and the employee matching gift program, over $5 million was directed to charitable organizations that support economic growth and community resilience across its service area. For more information: portlandgeneral.com/our – company/news – room.
Contact Info:
PGE Communications, PGECommunications@pgn.com; 503 – 464 – 2067
Safe Harbor Statement
This press release contains “forward – looking statements” as defined by 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. Statements other than statements of fact that relate to future plans, objectives, expectations, performance, events, etc., may be forward – looking statements and can often be identified by terms and phrases like “believes,” “committed to,” “expects,” “may,” “subject to,” “will,” and similar expressions.
Forward – looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, which could cause future events and actual results to be significantly different from those set forth in, contemplated by, or underlying the forward – looking statements. These risks, uncertainties, and other factors include shareholder approval of Mr. Hoglund’s nomination to join the Board of Directors and the risks discussed in the “Risk Factors” section of PGE’s Annual Report on Form 10 – K for the year ended December 31, 2025 and other reports filed with the United States Securities and Exchange Commission (SEC) available on the SEC’s website, www.sec.gov and on PGE’s website, investors.portlandgeneral.com.
CONTACT:
PGE Communications Team
pgecommunications@pgn.com
503.464.2067
SOURCE Portland General Company