01—Abstract
Summary
Summary of the 8-K filed September 26, 2024. Cited figures are marked; the original filing is the authoritative source.
Entergy Corporation (ETR) announced a planned leadership transition concerning Roderick K.
West, Group President of Utility Operations. Mr. West intends to retire on January 31, 2025.
In preparation for his retirement, he will transition to a senior strategic advisory role, reporting to the CEO, effective November 1, 2024. This transition also includes his resignation from the Boards of Directors of several operating subsidiaries, effective November 1, 2024.
02—Key points
Key Highlights
- Roderick K. West, Group President, Utility Operations, plans to retire effective January 31, 2025.
- Mr. West will assume a senior strategic advisory role starting November 1, 2024, reporting to the CEO.
- Effective November 1, 2024, Mr. West will resign from the Boards of Directors of Entergy Arkansas, LLC, Entergy Louisiana, LLC, Entergy Mississippi, LLC, Entergy New Orleans, LLC, and Entergy Texas, Inc.
- Kimberly A. Fontan, EVP and CFO, is expected to be appointed to the Board of Directors of Entergy New Orleans, LLC, filling the vacancy created by Mr. West's resignation.
03—Questions
Frequently Asked Questions
What is the significance of Roderick K. West's upcoming retirement?
Roderick K. West's retirement marks the end of his tenure as Group President of Utility Operations. However, he will transition to a senior strategic advisory role, indicating a continued, albeit different, contribution to the company's strategic direction until his retirement.
Who is expected to fill the board vacancy?
Kimberly A. Fontan, Executive Vice President and Chief Financial Officer of Entergy Corporation and Entergy New Orleans, LLC, is anticipated to be elected to the Board of Directors of Entergy New Orleans, LLC, to fill the vacancy left by Mr. West.
When will these leadership changes take effect?
Mr. West's transition to a senior strategic advisory role and his resignation from the Operating Company Registrants' Boards of Directors will both be effective November 1, 2024. His retirement is planned for January 31, 2025.
04—Continue