CenterPoint Energy Elects New Directors, Adjusts Board Committees
Ticker: CNP · Form: 8-K · Filed: Dec 3, 2024 · CIK: 1130310
| Field | Detail |
|---|---|
| Company | Centerpoint Energy INC (CNP) |
| Form Type | 8-K |
| Filed Date | Dec 3, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, governance
Related Tickers: CNP
TL;DR
CNP adds two new directors, Lisa Donahue & David Proctor, to the board.
AI Summary
On December 3, 2024, CenterPoint Energy, Inc. filed an 8-K report detailing changes in its board of directors and executive compensation. Specifically, the filing announced the election of two new directors, Ms. Lisa M. Donahue and Mr. David L. Proctor, to the Board of Directors, effective immediately. The report also confirmed the appointment of Ms. Donahue as a member of the Audit Committee and the Compensation and Human Capital Committee.
Why It Matters
Changes in board composition and committee assignments can signal shifts in corporate governance and strategic focus, potentially impacting investor confidence and future decision-making.
Risk Assessment
Risk Level: low — The filing reports routine corporate governance changes, such as director elections, which typically carry low risk.
Key Players & Entities
- CenterPoint Energy, Inc. (company) — Registrant
- Lisa M. Donahue (person) — Newly elected director
- David L. Proctor (person) — Newly elected director
- December 3, 2024 (date) — Effective date of director elections
FAQ
Who are the newly elected directors to CenterPoint Energy's Board?
Ms. Lisa M. Donahue and Mr. David L. Proctor were elected to the Board of Directors.
When were the new directors elected?
The election of the new directors was effective as of December 3, 2024.
What committees will Ms. Lisa M. Donahue serve on?
Ms. Donahue was appointed as a member of the Audit Committee and the Compensation and Human Capital Committee.
What is CenterPoint Energy's state of incorporation?
CenterPoint Energy, Inc. is incorporated in Texas.
What is the ticker symbol for CenterPoint Energy, Inc. common stock?
The ticker symbol for CenterPoint Energy, Inc. common stock is CNP.
Filing Stats: 437 words · 2 min read · ~1 pages · Grade level 12.6 · Accepted 2024-12-03 17:18:37
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value CNP The New York Stock Exchan
Filing Documents
- cnp-20241203.htm (8-K) — 27KB
- 0001130310-24-000122.txt ( ) — 196KB
- cnp-20241203.xsd (EX-101.SCH) — 3KB
- cnp-20241203_def.xml (EX-101.DEF) — 17KB
- cnp-20241203_lab.xml (EX-101.LAB) — 30KB
- cnp-20241203_pre.xml (EX-101.PRE) — 17KB
- cnp-20241203_htm.xml (XML) — 4KB
From the Filing
cnp-20241203 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 3, 2024 CENTERPOINT ENERGY, INC. (Exact name of registrant as specified in its charter) _______________________________ Texas 1-31447 74-0694415 (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) 1111 Louisiana Houston Texas 77002 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (713) 207-1111 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.01 par value CNP The New York Stock Exchange NYSE Chicago Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2). Emerging Growth Company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On December 3, 2024, Barry T. Smitherman, a director on the Board of Directors (the "Board") of CenterPoint Energy, Inc. (the "Company"), notified the Company of his intent to resign from the Board effective December 31, 2024, to pursue other endeavors. His resignation is not the result of any disagreement he had with the Company on any matter relating to the Company's operations, policies and practices, including any matters concerning the Company's controls or any financial or accounting-related matters or disclosures. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CENTERPOINT ENERGY, INC. Date: December 3, 2024 By: /s/ Monica Karuturi Monica Karuturi Executive Vice President and General Counsel