8-KLeadership Changes

ENTERGY CORP /DE/ 8-K Report, Executive Changes (Mar 28, 2025)

Filed March 28, 2025For Securities:ETR

Summary

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, eligibility for an annual cash bonus targeted at 80% of base salary, and potential awards under the company's incentive plans.

Key Highlights

  • 1Retirement of Executive Vice President and Chief Operating Officer, Peter S. Norgeot, Jr., effective April 30, 2025.
  • 2Appointment of Kimberly Cook-Nelson as the new Executive Vice President and Chief Operating Officer, effective May 1, 2025.
  • 3Ms. Cook-Nelson's extensive experience in senior operational and nuclear roles within Entergy.
  • 4New COO's compensation includes a $745,000 base salary.
  • 5New COO eligible for an annual cash bonus targeted at 80% of base salary.
  • 6New COO will participate in performance unit, restricted stock, and stock option awards under the company's incentive plan.
  • 7No undisclosed arrangements or related-party transactions involving Ms. Cook-Nelson.

Frequently Asked Questions

This filing announces a planned leadership transition within Entergy Corporation, specifically the retirement of its Chief Operating Officer and the appointment of a successor.

Kimberly Cook-Nelson will be appointed as the new Executive Vice President and Chief Operating Officer, effective May 1, 2025.

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.

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.