Kimball Rasmussen, CEO, Deseret Power, Feb 24th, Noon, Zions Bank Founder’s Room
February 22, 2010 Uncategorized No Comments
Few CEO’s enjoy the industry perspective Kimball Rasmussen has developed by working for the three power supplier business models. Holding a high senior or CEO position in municipals, cooperatives and investor-owned power utilities, Kimball has strong experience within each segment of the electric power industry.
Kimball launched his career graduating with an Electrical Engineering bachelor’s degree and a MBA degree from the Brigham Young University in 1986. Kimball rose through the power marketing department of Utah Power/PacifiCorp. Major milestones included Director of Power Marketing and Contracts and V.P. of Business Development for PacifiCorp.
In 1998, Kimball became Executive Director and CEO joined Southern Minnesota Municipal Power Agency with over 600 MW of resources and $150 million in annual revenues. Beginning in January, 2000 Kimball signed on as CEO for Deseret.
He is married and has four children.
* * *
Deseret Power is based in South Jordan, Utah and serves over 50,000 customers in California, Utah, Wyoming, Nevada, Colorado, and Arizona. Established in 1978, Deseret Power is owned by six rural electric cooperatives and operates the 458-megawatt Bonanza Power Plant near Vernal, Utah and the Deserado Coal Mine near Rangely, Colorado. Deseret also has a 100-megawatt interest in Utah Power’s Hunter 2 unit.
