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NW Natural Holdings Elects Justin B. Palfreyman as Next CEO

1. Justin B. Palfreyman elected as new CEO effective April 1, 2025. 2. Current CEO David H. Anderson is retiring.

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Why Bullish?

Leadership changes can affect investor confidence and company direction. Historical transitions in leadership have led to volatility but can ultimately stabilize stock prices.

How important is it?

Leadership shifts are crucial, impacting strategic decisions that influence financial performance. Positive leadership transitions can enhance stakeholder trust.

Why Long Term?

The new CEO's strategies and vision will unfold over time. Long-term leadership stability is crucial for NWN’s sustained growth and investor sentiments.

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PORTLAND, Ore.--(BUSINESS WIRE)--The Board of Directors of NW Natural Holdings and NW Natural elected Justin B. Palfreyman to the position of President and Chief Executive Officer of Northwest Natural Holdings and Chief Executive Officer of NW Natural, effective April 1, 2025. Palfreyman will succeed David H. Anderson, who is retiring. “I am honored to have the opportunity to lead this great company,” Palfreyman said. “Our employees, customers and communities have benefited greatly from David's.

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