OGE Energy appoints corporate governance expert to board of directors

OKLAHOMA CITY - OGE Energy Corp. (NYSE:OGE), a utility company with a market capitalization of $9 billion and an overall "GOOD" financial health rating according to InvestingPro, announced Wednesday the appointment of Lyle G. Ganske to its board of directors, where he will serve on the nominating, corporate governance and stewardship committee.

Ganske brings more than 40 years of experience in advising boards on fiduciary duty-related matters, corporate governance, and corporate transactions. He currently serves as Of Counsel at Jones Day law firm, after previously holding multiple leadership positions including head of the firm’s Global M&A Practice.

"Lyle brings extensive corporate governance expertise across numerous industries to the board," said Sean Trauschke, OGE Energy Corp. Chairman, President and CEO, according to the company’s press release.

Ganske’s professional background includes work in corporate governance, executive compensation, and general corporate counsel across various sectors including energy, manufacturing, retail, telecommunications, utilities, and process industries.

He is known for speaking and coauthoring articles on corporate governance topics. Ganske also serves on the advisory board of two private equity funds and on the board of multiple portfolio companies associated with those funds.

OGE Energy Corp. is the parent company of Oklahoma Gas and Electric Company, a regulated electric utility. The company has demonstrated strong financial performance with a 15.6% revenue growth and maintains a conservative beta of 0.59, indicating lower price volatility compared to the broader market. For detailed corporate governance analysis and additional insights, investors can access the comprehensive Pro Research Report available on InvestingPro.

In other recent news, OGE Energy Corporation announced its second-quarter 2025 earnings, which showed mixed results. The company reported earnings per share of $0.53, slightly below analysts’ expectations of $0.55, representing a 3.64% negative surprise. Despite this, OGE Energy’s revenue surpassed forecasts, reaching $741.6 million compared to the anticipated $719.97 million, marking a 3% positive surprise. These developments are part of the company’s ongoing financial updates. The earnings report highlights the company’s ability to exceed revenue expectations while facing challenges in meeting earnings projections. Investors and analysts are closely monitoring these results to assess the company’s performance. No analyst upgrades or downgrades have been reported in connection with this earnings release.

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