Entergy's general counsel Marcus Brown to retire in spring 2026

NEW ORLEANS - Entergy Corporation (NYSE:ETR) announced Thursday that Executive Vice President and General Counsel Marcus Brown will retire in Spring 2026 after nearly 40 years in the legal profession. The utility company, currently trading near its 52-week high at $95.73, has shown strong market performance with a 35.75% return over the past year.

Brown will transition to the role of Executive Legal Advisor to Entergy's Chair and CEO Drew Marsh beginning December 1, 2025.

The company has appointed Dan Falstad, currently vice president, deputy general counsel and corporate secretary, to assume the position of senior vice president and general counsel. John Hudson, senior vice president, chief external affairs officer and president of the Entergy Charitable Foundation, will take on additional responsibilities as chief security officer.

Both Falstad and Hudson will report directly to CEO Drew Marsh following the reorganization.

Brown has served as executive vice president since 2013, after previously holding the position of senior vice president and general counsel. During his tenure, he established Entergy's legal department as a leader in pro bono legal assistance work and currently chairs the 2025 New Orleans Super Bowl LIX Host Committee.

Falstad, who joined Entergy in 2009, has focused on securities law, corporate governance, and mergers and acquisitions. He will maintain his role as corporate secretary while assuming leadership of the legal department and ethics and compliance organization.

Entergy, a Fortune 500 company headquartered in New Orleans, provides electricity to 3 million customers across Arkansas, Louisiana, Mississippi and Texas through its operating companies.

The information in this article is based on a company press release statement.

In other recent news, Entergy Corporation reported its third-quarter 2025 earnings, exceeding expectations for earnings per share (EPS) but falling short on revenue forecasts. The company's adjusted EPS was $1.53, surpassing the anticipated $1.45, resulting in a 5.5% surprise. However, revenue totaled $3.65 billion, which was below the expected $3.78 billion, marking a 3.4% shortfall. Additionally, Entergy announced an increase in its quarterly dividend payment to shareholders by 6.7%, raising the dividend to $0.64 per share. This new dividend will be payable on December 1, 2025, to shareholders recorded by November 13, 2025. Furthermore, Entergy has expanded its board of directors with the appointment of retired Admiral Frank Caldwell as an independent director, effective November 1. Caldwell will serve on the nuclear and operations oversight, as well as the talent and compensation committees. These developments reflect Entergy's ongoing strategic and financial initiatives.

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