01—Abstract
Summary
Summary of the 8-K filed March 28, 2025. Cited figures are marked; the original filing is the authoritative source.
Entergy Corporation has announced a significant leadership transition with the retirement of its Executive Vice President and Chief Operating Officer, Peter S.
Norgeot, Jr., effective April 30, 2025. This marks the end of Mr. Norgeot's tenure, during which he held a key operational role within the company and its various operating subsidiaries. The company has appointed Kimberly Cook-Nelson to succeed Mr. Norgeot as Executive Vice President and Chief Operating Officer, effective May 1, 2025.
Ms. Cook-Nelson brings a wealth of experience, most recently as Executive Vice President and Chief Nuclear Officer, and has held various other senior operational and planning roles within Entergy since 2016. Her compensation package includes a base salary of $745,000,a eligibility for an annual cash bonus targeted at 80% of base salary, and potential awards under the company's incentive plans.
02—Key points
Key Highlights
- Retirement of Executive Vice President and Chief Operating Officer, Peter S. Norgeot, Jr., effective April 30, 2025.
- Appointment of Kimberly Cook-Nelson as the new Executive Vice President and Chief Operating Officer, effective May 1, 2025.
- Ms. Cook-Nelson's extensive experience in senior operational and nuclear roles within Entergy.
- New COO's compensation includes a $745,000 base salary.
- New COO eligible for an annual cash bonus targeted at 80% of base salary.
- New COO will participate in performance unit, restricted stock, and stock option awards under the company's incentive plan.
- No undisclosed arrangements or related-party transactions involving Ms. Cook-Nelson.
03—Questions
Frequently Asked Questions
What is the main reason for this 8-K filing?
This filing announces a planned leadership transition within Entergy Corporation, specifically the retirement of its Chief Operating Officer and the appointment of a successor.
Who is replacing Peter S. Norgeot, Jr. as COO?
Kimberly Cook-Nelson will be appointed as the new Executive Vice President and Chief Operating Officer, effective May 1, 2025.
What is Kimberly Cook-Nelson's background and experience?
Ms. Cook-Nelson has a strong track record within Entergy, most recently serving as Executive Vice President and Chief Nuclear Officer. She has also held leadership positions in nuclear operations, system planning, and operations support since 2016.
What is the compensation package for the new COO?
Ms. Cook-Nelson will receive an annual base salary of $745,000. She is also eligible for an annual cash bonus targeted at 80% of her base salary and will receive awards under the company's incentive plans, consistent with her role and responsibilities.
04—Continue