In the news release, CenterPoint Energy appoints Dean Seavers as new Board member, issued
16-Dec-2024 by CenterPoint Energy,
Inc over PR Newswire, the Forward-Looking Statement paragraph was
incorrectly transmitted by PR Newswire. The complete, corrected
release follows:
CenterPoint Energy appoints Dean Seavers as new Board member
HOUSTON, Dec. 16,
2024 /PRNewswire/ -- CenterPoint Energy,
Inc. (NYSE: CNP) today announced the appointment of Dean
Seavers, former President of National Grid U.S. and Executive
Director of National Grid's parent company, to its Board of
Directors, effective Dec. 31, 2024. Seavers brings a
background of deep electric and gas utility experience to the Board
as well as currently serving as a Senior Advisor for Stifel
Financial. His appointment will fill a vacancy on the Board and he
is expected to stand for election as a director at the company's
annual meeting of shareholders in 2025.
"Dean's extensive leadership experience in the utility, safety
and security industries and proven track record of driving growth
and operational improvements make him a great fit for our Board of
Directors," said Phillip R. Smith, Independent Chair of the
Board. "We look forward to his contributions as we remain
collectively focused on delivering value for our customers,
shareholders, and other stakeholders while executing the company's
long-term growth strategy."
In addition to his experience with Stifel Financial and National
Grid, Seavers also founded and served as Chief Executive Officer
and President of Red Hawk Fire &
Security, a provider of life safety and security solutions, and
served as President of Global Services of the Fire & Security
business of United Technologies Corporation (UTC), an aerospace and
defense company. During his tenure as President and Chief Executive
Officer of GE Security, Seavers led the sale of GE Security to
UTC.
Regarding his appointment, Seavers said, "I'm honored to be
joining the CenterPoint Board and am excited to work with my fellow
directors to continue advancing safety and operational performance
while helping bolster the company's governance. Additionally, I'm
excited about the opportunity to work with Jason and the rest of
the management team as they work to deliver on the company's
long-term resilience and growth goals across multiple states."
Seavers currently serves on the board of directors of Albemarle
Corp., Ametek Inc. and Vine Hill Capital Investment Corp. He
received his bachelor's degree from Kent State
University and his M.B.A. from Stanford
University.
About CenterPoint Energy, Inc.
As the only
investor-owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is
an energy delivery company with electric transmission and
distribution, power generation and natural gas distribution
operations that serve more than 7 million metered customers in
Indiana, Louisiana, Minnesota, Mississippi, Ohio, and Texas. As of September
30, 2024, the company owned approximately $43 billion in assets. With approximately 9,000
employees, CenterPoint Energy and its predecessor companies have
been in business for more than 150 years. For more information,
visit CenterPointEnergy.com.
Forward-Looking Statement
This news release includes
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. When used in this news
release, the words "anticipate," "believe," "continue," "could,"
"estimate," "expect," "forecast," "goal," "intend," "may,"
"objective," "plan," "potential," "predict," "projection,"
"should," "target," "will" or other similar words are intended to
identify forward-looking statements. These forward-looking
statements are based upon assumptions of management which are
believed to be reasonable at the time made and are subject to
significant risks and uncertainties. Actual events and results may
differ materially from those expressed or implied by these
forward-looking statements. Any statements in this news release
regarding future events, such as potential value creation by
CenterPoint Energy, CenterPoint Energy's long-term growth strategy,
CenterPoint Energy's long-term resiliency goals, the future
financial performance of CenterPoint Energy, the composition of the
Board of Directors and representation of skills and expertise on
the Board of Directors, the future the safety and operational
performance of CenterPoint Energy, and any other statements that
are not historical facts are forward-looking statements. Each
forward-looking statement contained in this news release speaks
only as of the date of this release. Important factors that could
cause actual results to differ materially from those indicated by
the provided forward-looking information include risks and
uncertainties relating to: (1) CenterPoint Energy's business
strategies and strategic initiatives; (2) financial market
conditions; (3) general economic conditions; (4) the timing and
impact of future regulatory and legislative decisions; and (5)
other factors, risks and uncertainties discussed in CenterPoint
Energy's Annual Report on Form 10-K for the fiscal year ended
December 31, 2023 and CenterPoint's
Quarterly Report on Form 10-Q for the quarters ended March 31, 2024, June 30,
2024, and September 30, 2024
and other reports CenterPoint Energy or its subsidiaries may file
from time to time with the Securities and Exchange Commission.
For more information, contact
Communications
Media.Relations@CenterPointEnergy.com
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SOURCE CenterPoint Energy, Inc