Entergy Corp. Elects New Directors, Updates CFO Employment Agreement

TL;DR

Entergy adds 2 directors, gives CFO $650k base + bonus. Board shakeup!

AI Summary

Entergy Corp. announced on March 28, 2025, changes in its board of directors and executive compensation. Specifically, the company elected two new directors, Christopher L. Canfield and Laura L. Smith, to its board. Additionally, the company entered into a new employment agreement with its Chief Financial Officer, Marcus J. Harris, effective March 25, 2025, which includes a base salary of $650,000 and potential annual bonus opportunities.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — The filing details routine corporate governance changes and executive compensation adjustments, which are common and typically do not represent significant new risks.

Key Numbers

• $650,000 — CFO Base Salary (Annual base salary for Marcus J. Harris under new employment agreement.)
• 2 — New Directors (Number of new directors elected to the board.)

Key Players & Entities

• Entergy Corp. (company) — Filer
• Christopher L. Canfield (person) — Newly Elected Director
• Laura L. Smith (person) — Newly Elected Director
• Marcus J. Harris (person) — Chief Financial Officer
• $650,000 (dollar_amount) — CFO's base salary

FAQ

From the Filing

0000065984-25-000033.txt : 20250328 0000065984-25-000033.hdr.sgml : 20250328 20250328161127 ACCESSION NUMBER: 0000065984-25-000033 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250325 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250328 DATE AS OF CHANGE: 20250328 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ENTERGY CORP /DE/ CENTRAL INDEX KEY: 0000065984 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] ORGANIZATION NAME: 01 Energy & Transportation EIN: 721229752 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11299 FILM NUMBER: 25786337 BUSINESS ADDRESS: STREET 1: 639 LOYOLA AVE CITY: NEW ORLEANS STATE: LA ZIP: 70113 BUSINESS PHONE: 504-576-4000 MAIL ADDRESS: STREET 1: PO BOX 61000 CITY: NEW ORLEANS STATE: LA ZIP: 70161 FORMER COMPANY: FORMER CONFORMED NAME: ENTERGY CORP /FL/ DATE OF NAME CHANGE: 19940329 FORMER COMPANY: FORMER CONFORMED NAME: ENTERGY GSU HOLDINGS INC /DE/ DATE OF NAME CHANGE: 19940329 FORMER COMPANY: FORMER CONFORMED NAME: MIDDLE SOUTH UTILITIES INC DATE OF NAME CHANGE: 19890521 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ENTERGY TEXAS, INC. CENTRAL INDEX KEY: 0001427437 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] ORGANIZATION NAME: 01 Energy & Transportation EIN: 611435798 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34360 FILM NUMBER: 25786342 BUSINESS ADDRESS: STREET 1: 10055 GROGANS MILL ROAD CITY: THE WOODLANDS STATE: TX ZIP: 77380 BUSINESS PHONE: 409-981-2000 MAIL ADDRESS: STREET 1: 10055 GROGANS MILL ROAD CITY: THE WOODLANDS STATE: TX ZIP: 77380 FORMER COMPANY: FORMER CONFORMED NAME: Entergy Texas, Inc. DATE OF NAME CHANGE: 20080219 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ENTERGY NEW ORLEANS, LLC CENTRAL INDEX KEY: 0000071508 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] ORGANIZATION NAME: 01 Energy & Transportation EIN: 822212934 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35747 FILM NUMBER: 25786339 BUSINESS ADDRESS: STREET 1: 1600 PERDIDO ST CITY: NEW ORLEANS STATE: LA ZIP: 70112 BUSINESS PHONE: 504-670-3700 MAIL ADDRESS: STREET 1: 1600 PERDIDO ST CITY: NEW ORLEANS STATE: LA ZIP: 70112 FORMER COMPANY: FORMER CONFORMED NAME: ENTERGY NEW ORLEANS, INC DATE OF NAME CHANGE: 20170502 FORMER COMPANY: FORMER CONFORMED NAME: ENTERGY NEW ORLEANS INC DATE OF NAME CHANGE: 19960610 FORMER COMPANY: FORMER CONFORMED NAME: NEW ORLEANS PUBLIC SERVICE INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ENTERGY LOUISIANA, LLC CENTRAL INDEX KEY: 0001348952 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] ORGANIZATION NAME: 01 Energy & Transportation EIN: 474469646 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32718 FILM NUMBER: 25786341 BUSINESS ADDRESS: STREET 1: 4809 JEFFERSON HIGHWAY CITY: JEFFERSON STATE: LA ZIP: 70121 BUSINESS PHONE: 504-576-4000 MAIL ADDRESS: STREET 1: 4809 JEFFERSON HIGHWAY CITY: JEFFERSON STATE: LA ZIP: 70121 FORMER COMPANY: FORMER CONFORMED NAME: Entergy Louisiana, LLC DATE OF NAME CHANGE: 20060105 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ENTERGY ARKANSAS, LLC CENTRAL INDEX KEY: 0000007323 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] ORGANIZATION NAME: 01 Energy & Transportation EIN: 831918668 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10764 FILM NUMBER: 25786340 BUSINESS ADDRESS: STREET 1: 425 WEST CAPITOL AVE CITY: LITTLE ROCK STATE: AR ZIP: 72201 BUSINESS PHONE: 501-377-4000 MAIL ADDRESS: STREET 1: P. O. BOX 551 CITY: LITTLE ROCK STA