other_materialconfidence high
Entergy freezes SERP/PEP benefits at Nov 30, 2026 for CEO Marsh and two unit CEOs; Marsh early retirement age cut to 60
ENTERGY TEXAS, INC.
- SERP benefits frozen for CEO Marsh, MS CEO Fisackerly, LA CEO May Jr., effective Nov 30, 2026, using compensation/service as of that date.
- Marsh's early retirement age reduced from 65 to 60, no longer requiring employer consent to retire and receive early SERP benefit.
- Marsh's PEP benefit also frozen as of Nov 30, 2026, with same methodology.
- Amendments approved by Talent & Compensation Committee on May 7, 2026.
item 5.02
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