NW Natural Holding Company appoints two new directors to boards

PORTLAND, Ore. - NW Natural Holding Company (NYSE:NWN) has appointed Peter Bragdon as an independent director to its board effective July 12, 2025, according to a company press release. Bragdon will also join the board of Northwest Natural Gas Company (NW Natural), the company’s wholly owned subsidiary.

Additionally, NW Natural has appointed Dave Drinkward to its board of directors effective June 30, 2025.

Bragdon currently serves as executive vice president, chief administrative officer and general counsel of Columbia Sportswear Company (NASDAQ:COLM), a position he has held since 2015. Columbia Sportswear, currently valued at $3.52 billion, maintains strong financial health with a solid current ratio of 3.12 and has consistently paid dividends for 20 consecutive years. According to InvestingPro analysis, the company appears undervalued at its current price of $64.28. He joined Columbia in 1999 and has held various leadership roles. He also briefly served as chief of staff in the Oregon Governor’s office from January 2003 through June 2004.

Drinkward has been president and CEO of Hoffman Construction Company since November 2018, after holding several leadership positions at the company including executive vice president and general counsel.

"We are very excited to welcome both Peter and Dave to our Boards," said Malia H. Wasson, NW Natural Holdings’ board chair, in the statement. "They are both leaders at respected companies and their insights will be invaluable as the company continues to grow."

Bragdon currently chairs the board of the Oregon Community Foundation and serves on several other boards including the World Federation of the Sporting Goods Industry. Drinkward serves on boards including Meals on Wheels People and the Oregon Business Council.

NW Natural Holdings provides energy, water, and wastewater services to nearly one million meters across seven states. For detailed financial analysis and exclusive insights on Columbia Sportswear and other major stocks, explore InvestingPro, featuring comprehensive research reports on 1,400+ US equities.

In other recent news, Columbia Sportswear reported impressive financial results for the first quarter of 2025, surpassing Wall Street’s expectations. The company achieved an earnings per share of $0.75, exceeding the forecasted $0.66, and reported revenue of $778.5 million, which was higher than the anticipated $762.48 million. Despite these positive earnings, Columbia Sportswear decided to withdraw its full-year outlook due to significant market uncertainties, including potential tariff impacts. On the analyst front, Needham initiated coverage of Columbia Sportswear with a Hold rating, citing the company’s strong balance sheet and the outdoor industry’s growth potential, while expressing caution due to the uncertain macroeconomic environment.

At the company’s 2025 Annual Meeting of Shareholders, Columbia Sportswear’s shareholders voted on several key issues. The election of directors and the ratification of Deloitte & Touche LLP as the company’s independent auditor were approved with a strong majority. However, a shareholder proposal on adopting GHG emissions reduction targets was not passed. Columbia Sportswear’s commitment to transparency was highlighted by the detailed reporting of the vote outcomes.

These developments come amid broader market concerns, including trade uncertainties affecting the apparel industry, which have led Columbia Sportswear to pause capital investments in the US. Despite these challenges, the company continues to focus on international growth, particularly in the LAAP and EMEA regions, which showed strong sales performance.

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