leadership
confidence high
sentiment neutral
materiality 0.35
Entergy amends retirement benefits for EVP & General Counsel Marcus V. Brown
ENTERGY CORP /DE/
- PEP participation ceases effective December 1, 2022.
- SERP benefit capped at lump-sum amount as if retired Nov 30, 2022, subject to contingencies.
- If contingencies not met, benefit is lesser of original SERP/PEP amount or the capped amount.
- Death benefit for surviving spouse also subject to same contingencies.
- Agreement entered on November 22, 2022.