Summary
This 8-K filing from Entergy Corporation announces the upcoming retirement of Executive Vice President and Chief Operating Officer, Mark T. Savoff, expected in the first quarter of 2016. Mr. Savoff will step down from his operational role and a directorship on November 1, 2015, but will continue to provide advisory services to the company until his retirement. The company has not yet identified a successor for Mr. Savoff's key executive position.
Key Highlights
- 1Executive Vice President and Chief Operating Officer, Mark T. Savoff, intends to retire in Q1 2016.
- 2Mr. Savoff will transition out of his current executive roles effective November 1, 2015.
- 3He will remain with Entergy in an advisory capacity until his retirement.
- 4Mr. Savoff is resigning his director position at Entergy Louisiana, LLC on November 1, 2015.
- 5Entergy has not yet appointed a successor for the COO position.
Frequently Asked Questions
Mark T. Savoff, Executive Vice President and Chief Operating Officer, has announced his intention to retire.
His retirement is expected in the first quarter of 2016. He will transition out of his operational role on November 1, 2015.
Yes, he will remain with Entergy in an advisory capacity until his retirement.
No, a successor for the Executive Vice President and Chief Operating Officer position has not yet been determined.