(PORTLAND, OR) -- The Bonneville Power Administration has
appointed Michelle Manary as executive vice president and chief financial
officer starting Sept. 30. As CFO, she will oversee the capital and debt
management program, accounting, cash management and budgeting for BPA’s $4.3
billion total budget.
Manary is currently the vice president of Transmission
Marketing and Sales, a position she has held since 2015.
“I am very excited to appoint Michelle as BPA’s next CFO,”
said BPA Administrator Elliot Mainzer. “She is a dynamic, creative and highly
engaged leader who brings a wealth of knowledge and experience to our Finance
organization. Michelle’s 20 years of experience across BPA’s Power,
Transmission and Corporate organizations will be invaluable as we build on the
momentum we have gained this year in strengthening our financial health.”
Manary started at BPA in 1998 as a financial analyst in
Power Services where she led the development of a spending review, which is
comparable to BPA’s current Integrated Program Review process. She became the
manager of the Power finance group, ensuring spending targets were met for
Power capital and expense. Manary went on to hold additional management
positions in Transmission, Corporate Strategy and Power before landing in her
current role.
“I am looking forward to joining Finance and partnering with
organizations across BPA to dive into the implementation of the agency
strategic and financial plans,” said Manary.
Before coming to BPA, Manary served as CFO at More Housing
USA in Tacoma, Washington. Manary has a bachelor’s degree in finance from
Linfield College in McMinnville, Oregon, and a master’s degree in business
administration and public administration from Willamette University in Salem,
Oregon.
Acting CFO Mary Hawken, who had announced her intent to retire,
will return to her previous role as the deputy CFO and stay on through December
to help with the transition. Hawken has been a valuable member of the Finance
team for 32 years, working her way up to the top post from her first role as a
student trainee.
“This year we have advanced a lot of commitments outlined in
the financial and strategic plans, and I’m looking forward to working with
Michelle and helping to integrate our strategy into our everyday work before I
leave,” Hawken said. “But I am also looking forward to traveling more and
expanding my volunteer time.”
“I would like to thank Mary Hawken for her tremendous
service as acting CFO and am pleased that Mary and Michelle will be able to
work closely together during the transition,” said Mainzer
Tina Ko, the current acting deputy chief operating officer,
will take over as acting vice president of Transmission Marketing and Sales
until a formal announcement and selection take place.
BPA is a federal agency that markets wholesale electrical
power from 31 federal hydroelectric projects in the Northwest and one
nonfederal nuclear plant providing about 28 percent of the electric power used
in the Northwest. BPA also operates and maintains about three-fourths of the
high-voltage transmission in its service territory, which includes Idaho,
Oregon, Washington, western Montana and small parts of eastern Montana,
California, Nevada, Utah and Wyoming. BPA also funds regional efforts to
protect and rebuild fish and wildlife populations affected by hydropower
development in the Northwest.
