CenterPoint Energy Implements Independent Board Leadership and Governance Structure
Retrieved on:
Thursday, July 22, 2021
CenterPoint Energy, Inc. (NYSE: CNP) (CenterPoint or the Company) today announced the unanimous decision of the CenterPoint Boards Independent Directors to implement a new independent board leadership and governance structure.
Key Points:
- CenterPoint Energy, Inc. (NYSE: CNP) (CenterPoint or the Company) today announced the unanimous decision of the CenterPoint Boards Independent Directors to implement a new independent board leadership and governance structure.
- The Board named Martin Nesbitt, chair of the Nominating and Governance Committee, as its new independent board chairman, effective immediately.
- To institute the Companys new governance structure, this independent seat replaces the position of Executive Chairman.
- I am honored to have been selected to lead CenterPoint as independent Chairman of the Board and on behalf of the Board, we express our deepest gratitude and respect for Milton, who has served CenterPoint and its stakeholders tirelessly for nearly 30 years.