8-KLeadership Changes

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

Filed July 28, 2025For Securities:ETR

Summary

Entergy Corporation announced a significant change to its Board of Directors with the election of R. Lewis Ropp, effective August 15, 2025. Mr. Ropp, a seasoned executive with extensive experience in investment management and the oil and gas industry, will serve until the 2026 Annual Meeting of Shareholders. His appointment brings the total number of board members to 11 and strengthens the Board's expertise in financial oversight, as he will join both the Audit Committee and the Corporate Governance Committee. Mr. Ropp's background includes a long tenure as a Senior Managing Director and Senior Equity Partner at Barrow Hanley Global Investors, where he was involved in portfolio management, strategy, and business development. His prior experience as a research analyst and in various operational roles within the oil and gas sector, coupled with his current directorship at Magnolia Oil & Gas Corporation, suggests a valuable perspective for Entergy. Investors can view this as a move to enhance the board's governance and financial acumen, potentially benefiting strategic decision-making and risk management.

Key Highlights

  • 1Entergy Corporation's Board of Directors has appointed R. Lewis Ropp as a new director, effective August 15, 2025.
  • 2Mr. Ropp's appointment increases the size of the Board to 11 members.
  • 3He has been appointed to serve on the Audit Committee and the Corporate Governance Committee, indicating a focus on financial oversight and governance.
  • 4Mr. Ropp brings substantial experience from Barrow Hanley Global Investors, where he held senior roles in investment management, strategy, and client service.
  • 5His background includes a career in the oil and gas industry and current board service with Magnolia Oil & Gas Corporation, adding relevant industry and financial expertise.
  • 6Mr. Ropp qualifies as an independent director under NYSE and company guidelines.
  • 7He will receive standard compensation for non-employee directors, prorated from his effective date of appointment.

Frequently Asked Questions

R. Lewis Ropp is a 66-year-old retired Senior Managing Director and Senior Equity Partner from Barrow Hanley Global Investors. He has extensive experience in investment management, including portfolio management, strategy, and business development. His prior career includes roles in the oil and gas industry as a research analyst and in operations, and he currently serves on the board and audit committee of Magnolia Oil & Gas Corporation.

Mr. Ropp's appointment increases the size of Entergy's Board to 11 members and he has been appointed to the Audit Committee and the Corporate Governance Committee. This addition is expected to enhance the board's expertise in financial oversight and corporate governance, drawing from his significant experience in investment management and the energy sector.

Mr. Ropp's appointment is effective August 15, 2025, and he will serve until the 2026 Annual Meeting of Shareholders. He will receive the same compensation as other non-employee directors, which will be prorated for the portion of the year he serves.

The filing states that there are no arrangements or understandings between Mr. Ropp and any other person pursuant to which he was elected as a director. His election is part of a board expansion and committee appointment process.