Posted 31 January, 2023
ENTERGY CORP /DE/ appointed Andrew S. Marsh as new CEO
NYSE:ETR appointed new Chief Executive Officer Andrew S. Marsh in a 8-K filed on 31 January, 2023.
As previously reported, as part of a planned leadership succession process, Leo P. Denault resigned from his position as Chief Executive Officer of Entergy Corporation (the "Company") effective as of November 1, 2022 (the "Effective Date"), and Andrew S. Marsh, the Company's Former Chief Financial Officer, was elected as the Company's Chief Executive Officer.
Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of ENTERGY CORP /DE/
Companies on the Energy Service • Electric Utilities
Entergy Corp. is a holding company, which engages in providing electric and natural gas services. It operates through the Utility, and Parent and Other segments. The Utility segment includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Mississippi, Texas, and Louisiana. The Parent and Other segment refers to the parent company, Entergy Corporation, and other business activities. The company was founded by Harvey Couch on November 13, 1913 and is headquartered in New Orleans, LA.Market Cap
$22.8B
View Company Details
$22.8B
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers As previously reported, as part of a planned leadership succession process, Leo P. Denault resigned from his position as Chief Executive Officer of Entergy Corporation (the "Company") effective as of November 1, 2022 (the "Effective Date"), and Andrew S. Marsh, the Company's Former Chief Financial Officer, was elected as the Company's Chief Executive Officer. Mr. Denault was elected to the position of Executive Chair and, in such role, continued to serve as Chairman of the Board. Mr. Denault was elected to such position for a transition period beginning on the Effective Date and ending on such date as determined by the Board between January 31, 2023 and the date of the 2023 Annual Meeting of Shareholders. On January 27, 2023, the Board approved and accepted Mr. Denault's resignation as Executive Chair and Chairman of the Board, effective as of the close of business on January 31, 2023, and appointed Mr. Marsh as Chairman of the Board, effective as of February 1, 2023. The Board also approved Stuart L. Levenick's continued service as the Board's Lead Director for the remainder of his current term of service, ending upon the organizational meeting of the Board immediately following the 2025 Annual Meeting of Shareholders.
Interested in special situations?
Join Tickerverse
- customize event filters
- create watchlists, bookmarks
- get email notifications for the latest special situations
- browse and analyze public companies, executives and SEC filings
Tickerverse is a great way to find investment opportunities in corporate actions.
By signing up you agree to our Terms of Service and Privacy Policy.