CenterPoint Energy Elects New Directors, Adjusts Board Committees

Ticker: CNP · Form: 8-K · Filed: 2024-12-03T00:00:00.000Z

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

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.

From the Filing

0001130310-24-000122.txt : 20241203 0001130310-24-000122.hdr.sgml : 20241203 20241203171837 ACCESSION NUMBER: 0001130310-24-000122 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20241203 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20241203 DATE AS OF CHANGE: 20241203 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CENTERPOINT ENERGY INC CENTRAL INDEX KEY: 0001130310 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 740694415 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31447 FILM NUMBER: 241523737 BUSINESS ADDRESS: STREET 1: 1111 LOUISIANA ST. CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7132073000 MAIL ADDRESS: STREET 1: 1111 LOUISIANA ST. CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: RELIANT ENERGY REGCO INC DATE OF NAME CHANGE: 20001220 8-K 1 cnp-20241203.htm 8-K cnp-20241203 CENTERPOINT ENERGY INC false 0001130310 Common Stock, $0.01 par value CNP 0001130310 2024-12-03 2024-12-03 0001130310 cnp:NewYorkStockExchangeMember us-gaap:CommonStockMember 2024-12-03 2024-12-03 0001130310 cnp:ChicagoStockExchangeMember us-gaap:CommonStockMember 2024-12-03 2024-12-03 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 Cent

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