CenterPoint shareholders reject say-on-pay; approve new LTIP; EVP Mercado to retire July 5

CENTERPOINT ENERGY INC

Advisory vote on exec compensation not approved: 114.9M for, 403.0M against (~77.8% against).
2022 Long Term Incentive Plan approved: 476.8M for, 41.2M against.
All 9 director nominees elected; Theodore F. Pound received highest against votes (116.4M).
Kenneth Mercado, former EVP Electric Utility, to retire effective July 5, 2022.
Board froze Deferred Compensation Plan; no additional deferrals after Jan 1, 2023.

item 5.02 item 5.07 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Kenneth M. Mercado

Executive Vice President, Electric Utility

CNP · CENTERPOINT ENERGY INC

Effective: 2022-07-05
Filed: April 25, 2022, 7:59 PM ET

Mr. Mercado has informed CenterPoint Energy that he will retire on July 5, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Kenneth M. Mercado departed as Executive Vice President, Electric Utility at CENTERPOINT ENERGY INC.

Action: retire
Role: Executive Vice President, Electric Utility

Exact text from the filing

Mr. Mercado has informed CenterPoint Energy that he will retire on July 5, 2022.

View on SEC.gov

CENTERPOINT ENERGY INC filing history →

Source: SEC EDGAR

accession 0001130310-22-000056

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