8-KLeadership ChangesExhibits & Filings

ENTERGY CORP /DE/ 8-K Report, Executive Changes (Jan 31, 2023)

Filed January 31, 2023For Securities:ETR

Summary

This 8-K filing from Entergy Corporation details a significant leadership transition, marking the end of Leo P. Denault's tenure as Executive Chair and Chairman of the Board. Effective January 31, 2023, Mr. Denault has resigned from these roles. As part of a planned succession, Andrew S. Marsh, who previously assumed the CEO role from Mr. Denault in November 2022, has now also been appointed Chairman of the Board, effective February 1, 2023. This transition completes a deliberate leadership succession process. Mr. Marsh's elevation to both CEO and Chairman consolidates key leadership positions under his direction, signaling a new phase for Entergy. Stuart L. Levenick will continue to serve as the Board's Lead Director, providing continuity and oversight. Investors should monitor how this new leadership structure influences Entergy's strategic direction and operational execution moving forward.

Key Highlights

  • 1Leo P. Denault resigns as Executive Chair and Chairman of the Board, effective January 31, 2023.
  • 2Andrew S. Marsh, already CEO, appointed Chairman of the Board, effective February 1, 2023.
  • 3This completes a previously announced planned leadership succession process.
  • 4Mr. Marsh now holds both CEO and Chairman of the Board titles.
  • 5Stuart L. Levenick will continue as Lead Director until after the 2025 Annual Meeting of Shareholders.

Frequently Asked Questions

The main purpose of this 8-K filing is to report the resignation of Leo P. Denault from his roles as Executive Chair and Chairman of the Board, and the appointment of Andrew S. Marsh as the new Chairman of the Board.

Andrew S. Marsh, who is also the Chief Executive Officer of Entergy Corporation, has been appointed as the Chairman of the Board, effective February 1, 2023.

No, this is part of a planned leadership succession process. Andrew S. Marsh took over as CEO from Leo P. Denault on November 1, 2022, and this filing marks the completion of Mr. Denault's transition out of his board leadership roles.

Stuart L. Levenick will continue to serve as the Board's Lead Director for the remainder of his current term, which ends following the 2025 Annual Meeting of Shareholders, providing ongoing oversight and guidance.