Entergy Corp. Files Definitive Proxy Statement for 2024 Annual Meeting
Ticker: ETR · Form: DEF 14A · Filed: 2024-03-22T00:00:00.000Z
Sentiment: neutral
Topics: Proxy Statement, DEF 14A, Entergy Corp, Executive Compensation, Shareholder Meeting
TL;DR
<b>Entergy Corp. has filed its 2023 Definitive Proxy Statement, detailing executive compensation and corporate governance matters.</b>
AI Summary
ENTERGY CORP /DE/ (ETR) filed a Proxy Statement (DEF 14A) with the SEC on March 22, 2024. Entergy Corp. filed a Definitive Proxy Statement (DEF 14A) on March 22, 2024. The filing covers the fiscal year ending December 31, 2023. The company's principal executive offices are located at 639 Loyola Ave, New Orleans, LA 70113. Entergy Corp. was incorporated in Delaware. The filing includes information related to executive compensation adjustments for 2020-2022.
Why It Matters
For investors and stakeholders tracking ENTERGY CORP /DE/, this filing contains several important signals. This DEF 14A filing provides shareholders with crucial information regarding the company's performance, executive compensation structure, and voting matters ahead of the annual meeting. Shareholders can use this document to make informed decisions on proposals, including the election of directors and executive compensation, influencing the company's future direction.
Risk Assessment
Risk Level: low — ENTERGY CORP /DE/ shows low risk based on this filing. The filing is a routine DEF 14A, providing standard disclosures without immediate financial or operational performance indicators.
Analyst Insight
Review the executive compensation details and director nominations to understand potential shifts in corporate strategy or governance.
Key Numbers
- 20231231 — Conformed Period of Report (Fiscal Year End)
- 20240322 — Filed as of Date (Filing Date)
- 001-11299 — SEC File Number (Filing Details)
- 721229752 — IRS Number (Company Data)
Key Players & Entities
- Entergy Corp. /DE/ (company) — Filer
- 639 Loyola Ave (location) — Business Address
- New Orleans (location) — Business Address City
- LA (location) — Business Address State
- 70113 (location) — Business Address Zip
- PO Box 61000 (location) — Mail Address
- 70161 (location) — Mail Address Zip
- DE (location) — State of Incorporation
FAQ
When did ENTERGY CORP /DE/ file this DEF 14A?
ENTERGY CORP /DE/ filed this Proxy Statement (DEF 14A) with the SEC on March 22, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by ENTERGY CORP /DE/ (ETR).
Where can I read the original DEF 14A filing from ENTERGY CORP /DE/?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by ENTERGY CORP /DE/.
What are the key takeaways from ENTERGY CORP /DE/'s DEF 14A?
ENTERGY CORP /DE/ filed this DEF 14A on March 22, 2024. Key takeaways: Entergy Corp. filed a Definitive Proxy Statement (DEF 14A) on March 22, 2024.. The filing covers the fiscal year ending December 31, 2023.. The company's principal executive offices are located at 639 Loyola Ave, New Orleans, LA 70113..
Is ENTERGY CORP /DE/ a risky investment based on this filing?
Based on this DEF 14A, ENTERGY CORP /DE/ presents a relatively low-risk profile. The filing is a routine DEF 14A, providing standard disclosures without immediate financial or operational performance indicators.
What should investors do after reading ENTERGY CORP /DE/'s DEF 14A?
Review the executive compensation details and director nominations to understand potential shifts in corporate strategy or governance. The overall sentiment from this filing is neutral.
How does ENTERGY CORP /DE/ compare to its industry peers?
Entergy Corporation is a holding company engaged in the electric power business. It owns and operates power plants and sells electricity at wholesale.
Are there regulatory concerns for ENTERGY CORP /DE/?
The filing is a DEF 14A, a standard SEC filing required for companies soliciting proxies from shareholders for annual or special meetings.
Industry Context
Entergy Corporation is a holding company engaged in the electric power business. It owns and operates power plants and sells electricity at wholesale.
Regulatory Implications
The filing is a DEF 14A, a standard SEC filing required for companies soliciting proxies from shareholders for annual or special meetings.
What Investors Should Do
- Analyze the compensation committee report for details on executive pay decisions.
- Review the list of director nominees and their qualifications.
- Examine any shareholder proposals and management's recommendations.
Key Dates
- 2024-03-22: Filing Date — Definitive Proxy Statement filed
- 2023-12-31: Fiscal Year End — Reporting period for the filing
Year-Over-Year Comparison
This is a DEF 14A filing, which is a routine disclosure for the period ending December 31, 2023, and does not represent a change from previous filings of this type.
Filing Stats: 4,429 words · 18 min read · ~15 pages · Grade level 15.5 · Accepted 2024-03-22 16:09:39
Key Financial Figures
- $100 million — Since 2018, we have delivered more than $100 million each year in benefits to local communit
- $2.36 b — , we reported earnings of approximately $2.36 billion, or $11.10 per share, compared wi
- $11.10 — ings of approximately $2.36 billion, or $11.10 per share, compared with $1.10 billion,
- $1.10 b — ion, or $11.10 per share, compared with $1.10 billion, or $5.37 per share, in 2022, bas
- $5.37 — share, compared with $1.10 billion, or $5.37 per share, in 2022, based on generally
- $1.44 b — n an adjusted basis, 2023 earnings were $1.44 billion, or $6.77 per share, compared wit
- $6.77 — s, 2023 earnings were $1.44 billion, or $6.77 per share, compared with $1.32 billion,
- $1.32 b — lion, or $6.77 per share, compared with $1.32 billion, or $6.42 per share, in 2022. 2
- $6.42 — share, compared with $1.32 billion, or $6.42 per share, in 2022. 2 | Entergy 2024
Filing Documents
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From the Filing
etr-20240322 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant x Filed by a party other than the Registrant o Check the appropriate box: Preliminary Proxy Statement o Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) x Definitive Proxy Statement Definitive Additional Materials o Soliciting Material under 240.14a-12 Entergy Corporation (Name of Registrant as Specified in its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): x No fee required. o Fee paid previously with preliminary materials. o Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. Table of Contents Table of Contents A Message from Our Chair and CEO March 22, 2024 Dear Fellow Shareholders: I hope you will join Entergy's Board of Directors, executive management team and employees at our 2024 Annual Meeting of Shareholders (Annual Meeting) to be held in virtual format on Friday, May 3, 2024, beginning at 10:00 a.m. Central Time. We are excited to use this approach again this year as it allows for greater participation by our stakeholders, regardless of their geographic location, provides cost savings for our shareholders and helps to reduce our carbon footprint. The attached Notice of the Annual Meeting and the accompanying Proxy Statement will serve as your guide to the business to be conducted at the meeting. A webcast of the Annual Meeting will be provided at www.virtualshareholdermeeting.com/ETR2024 , and a replay of the entire Annual Meeting will be available on the Entergy Investor Relations website after the meeting. Our annual letter to stakeholders is included in both our 2023 Annual Report and our 2023 Performance Report (formerly Integrated Report) and discusses Entergy's 2023 performance, strategy and outlook for the future. At the Annual Meeting, I plan to share some of our 2023 highlights in addition to conducting the official business of the meeting. I look forward to discussing our results and the opportunities we see in front of us today, as we continue to execute on our business strategy with decisions and investments that will serve all of our stakeholders well into the future. The Compensation Discussion and Analysis that begins on page 46 describes our compensation programs and discusses how our executives' compensation remains linked to performance and supports our long-term strategy. Starting on page 10 , you will also find discussions of the qualifications of our director nominees and why we believe they are the right people to represent you. Whether or not you participate in the Annual Meeting, it is important that your shares be represented and voted. We urge you to promptly vote and submit your proxy (1) via the Internet, (2) by phone or (3) if you received your proxy materials by mail, by signing, dating and returning the enclosed proxy card or voting instruction form in the envelope provided for your convenience. Instructions on how to vote can be found beginning on page 100 . This year's Q&A session will include questions submitted both during the meeting and in advance. You may submit questions prior to the meeting at www.proxyvote.com after logging in with the control number found next to the label for postal mail recipients or within the body of the email sending your proxy materials. Questions during the meeting may be submitted online beginning shortly before the start of the Annual Meeting through the webcast link. We will post questions and answers, as long as such questions are applicable to our business and otherwise in compliance with the rules of conduct for the meeting , on our Investor Relations website shortly after the meeting. I look forward to welcoming you to the Annual Meeting and thank you for your support of Entergy. Sincerely, Andrew S. Marsh Chair of the Board and Chief Executive Officer Entergy 2024 Proxy Statement | A Table of Contents A Message from Our Lead Director March 22, 2024 Dear Fellow Shareholders: On behalf of the Entergy Board of Directors, I am privileged to share some of the ways the Board worked to provide strong governance and independent oversight of Entergy during this past year. Throughout 2023, the Board remained actively engaged with management to facilitate the execution of our strategy for long-term, sustainable growth and value creation. Our Board's strategic oversight role includes engaging in robust discussions with the management team about overall strategy, priorities, mitigating risk, and capturing growth opportunities while balancing sustainability, reliability, and affordability for our customers. In 2023, w e maintained our focus on the clean energy transition, includi