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. 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 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
