S&P 500 cuts losses as Nvidia climbs ahead of results
Entergy Corporation (NYSE:ETR), a provider of electric power with annual revenues of $2.46 billion and EBITDA of $1.14 billion in the last twelve months, has announced the appointment of Kimberly S. Cook-Nelson to its Board of Directors for several of its subsidiaries, effective May 1, 2025. The appointment fills the vacancies left by the resignation of Peter S. Norgeot, Jr. across the Boards of Entergy Arkansas, LLC, Entergy Louisiana, LLC, Entergy Mississippi, LLC, Entergy New Orleans, LLC, and Entergy Texas, Inc.
Cook-Nelson’s election to the board was disclosed in a recent 8-K filing with the Securities and Exchange Commission. She will not receive any compensation for her role as a director of the aforementioned Entergy subsidiaries. Furthermore, there are no reported arrangements or understandings between Cook-Nelson and any other individuals regarding this appointment, nor does she have any family relationships with current directors or executive officers of the subsidiaries. Additionally, Cook-Nelson does not have any direct or indirect material interest in any related party transactions that would require disclosure under SEC regulations. For detailed governance metrics and additional insights, InvestingPro subscribers can access comprehensive company analysis and financial health indicators.
This move comes as part of Entergy’s ongoing governance and leadership updates. Entergy Corporation, with its subsidiaries, operates as an integrated energy company engaged primarily in electric power production and retail distribution operations. The company serves customers in Arkansas, Louisiana, Mississippi, and Texas, maintaining a healthy gross profit margin of 46.83% and offering shareholders a projected dividend of $1.22 per share for 2025.
The information in this article is based on a press release statement.
In other recent news, Entergy Corporation announced the appointment of Kimberly S. Cook-Nelson to its board of directors, effective May 1, 2025. She fills the vacancy left by the resignation of Peter S. Norgeot, Jr. Cook-Nelson will serve on the boards of several Entergy operating companies, including Entergy Arkansas, LLC, and Entergy Louisiana, LLC. Her appointment was confirmed through an 8-K filing with the Securities and Exchange Commission, which detailed that she will not receive compensation for her role. There are no disclosed arrangements or family relationships influencing her appointment, nor any material interest in transactions requiring disclosure. The filing also included information on securities registered with the New York Stock Exchange, covering various mortgage bonds and preferred stock. This development aligns with Entergy’s regulatory procedures and commitment to corporate governance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.