Utilities - Regulated Gas · Utilities
CEO, Board Member
2023-05-25–present
Board Member
Northwest Natural Holding Co (NWN)Equibles does not estimate personal net worth.
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Get NWN alertsJustin B. Palfreyman is recorded as Board Member at Northwest Natural Holding Co (NWN) since May 22, 2025 and CEO at Northwest Natural Holding Co (NWN). The newest filing on record that lists Justin B. Palfreyman as CEO at Northwest Natural Holding Co (NWN) is dated April 17, 2026. Northwest Natural Holding Co reported in an 8-K filed May 26, 2023 that Justin B. Palfreyman was appointed President, effective May 25, 2023. The proxy statement of Northwest Natural Holding Co reports total compensation of $3,695,467 for Justin B. Palfreyman in fiscal 2025, including a base salary of $812,500. Disclosed compensation is on record for 9 fiscal years. Justin B. Palfreyman has spoken on 4 earnings calls across 1 company, most recently for Northwest Natural Holding Co on February 27, 2026. Northwest Natural Holding Co is classified in the Utilities - Regulated Gas industry within the Utilities sector. Other leadership on record at Northwest Natural Holding Co includes David H. Anderson (CEO and Board Member), Justin Palfreyman (CEO), Malia H. Wasson (Chairman and Board Member) and 7 others.
“Mr. Justin B. Palfreyman, who is 44, was appointed President of NW Holdings and NW Natural.”
“We are excited to share our results for the year and our expectations for the future. Northwest Natural Holdings began a new chapter in 2025.”
“Our combined utility customer growth rate was 10.6% for the 12 months ended June 30, 2025. This substantial growth was driven by our gas utilities in Texas. Northwest Natural Water also contributed incremental meter growth, posting a 5.8% increase.”
“It is an honor to be speaking to you this morning, and I am pleased to report that Northwest Natural Holdings had a solid first quarter. Before getting into the business highlights, I'd like to take a moment to thank David Anderson for his over 20 years of service at Northwest Natural.”
“For the Pacific Northwest, we've received inquiries from several data centers in various stages of development, all of which would need to firm up their on-site electricity demands.”
2025-05-22–present
Start not stated–present
Last confirmed April 17, 2026
Proxy statement
2023-05-25–2025-04-10
Last confirmed by a filing; no departure on record
Utilities - Regulated Gas · Utilities
CEO, Board Member
2023-05-25–present
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | Northwest Natural Holding Co (NWN) | President and Chief Executive Officer, NW Holdings | $812,500 | $3,695,467 |
| 2024 | Northwest Natural Holding Co (NWN) | President | $619,792 | $2,030,537 |
| 2023 | Northwest Natural Holding Co (NWN) | President | $476,958 | $1,367,060 |
| 2022 | Northwest Natural Holding Co (NWN) | President | $359,500 | $973,052 |
| 2021 | Northwest Natural Holding Co (NWN) | President | $337,750 | $851,579 |
| 2020 | Northwest Natural Holding Co (NWN) | Vice President, Strategy and Business Development | $313,000 | $699,837 |
| 2019 | Northwest Natural Holding Co (NWN) | Vice President, Strategy & Business Development | $293,583 | $670,995 |
| 2018 | Northwest Natural Holding Co (NWN) | Vice President, Strategy & Business Development | $282,500 | $639,852 |
| 2017 | Northwest Natural Holding Co (NWN) | Vice President, Strategy & Business Development | $270,833 | $676,231 |