Blanche L. Lincoln
On October 23, 2024, Blanche L. Lincoln notified Entergy Corporation (the “Company”) that she intends to resign from the Board of Directors of the Company effective December 31, 2024.
Highest-materiality recent filing
Entergy settles forward sale agreements, raises ~$672M through share issuances
Settled ATM forward sale of 2,057,826 shares for ~$126M; no remaining ATM forward obligations.
Entergy shareholders elect all 12 directors, ratify Deloitte, approve say-on-pay
All 12 director nominees elected; highest vote for M. Elise Hyland (382.6M for) and lowest for Stuart L. Levenick (355.9M for).
Entergy sells 19.2M shares via forward sale at $110.74, raising ~$2.13B
Entered forward sale agreements for 19.2M common shares at initial forward price $110.74 per share.
Entergy expands ATM equity program, adds Barclays; $4.4B equity plan through 2029
Entered Joinder adding Barclays Capital Inc. as agent/forward seller and Barclays Bank PLC as forward purchaser to existing ATM equity distribution program.
Entergy issues $1.3B in junior subordinated debentures in two tranches at 5.875% and 6.100%
Sold $600M Series 2025A Junior Subordinated Debentures due 2056, initial rate 5.875%, reset after 2031 at 5yr Treasury + 2.179%.
Board elected Admiral James F. Caldwell Jr., retired Director of Naval Nuclear Propulsion Program, effective Nov 1, 2025.
Entergy elects R. Lewis Ropp to board effective Aug 15, 2025
Board increased to 11 members; Ropp to serve on Audit and Corporate Governance committees.
Entergy settles forward sale agreements, delivers 15.6M shares for ~$806M
Settled all outstanding Forward Sale Agreements by delivering 15,560,474 shares of common stock.
Entergy shareholders elect all 10 director nominees, ratify auditor, approve say-on-pay
All 10 director nominees elected; highest abstentions for Levenick (14.7M against) and Marsh (13.1M against).
Entergy closes over-allotment of 2.23M shares via forward sale agreements at $81.87
Underwriters exercised over-allotment option for 2,227,538 shares on March 19, 2025.
Entered forward sale agreements with Morgan Stanley, BofA, JPMorgan, Mizuho for 15,568,863 shares.
Entergy increases ATM equity program by $1.5B; $1.89B remains
Increased equity distribution program by $1.5B aggregate gross sales price.
Entergy announces 2-for-1 stock split effective Dec 12; trading split-adjusted Dec 13
Two-for-one forward stock split of common stock approved; authorized shares increased from 499M to 998M.
Entergy adopts amended bylaws aligning with Delaware law and updating advance notice provisions
Board adopted amended and restated bylaws effective December 6, 2024.
Director Blanche L. Lincoln to resign from Entergy board effective Dec 31, 2024
Blanche L. Lincoln notified resignation from Entergy Board on Oct 23, 2024.
Entergy to transfer $1.157B pension liability to MetLife; expects Q2 non-cash charge of up to $335M
Entergy purchased group annuity from MetLife to settle ~$1.157B in pension liabilities covering 3,447 retirees.
Entergy issues $1.2B of 7.125% junior subordinated debentures due 2054
Sale of $1.2B in Junior Subordinated Debentures due December 1, 2054 closed May 23, 2024.
All 11 director nominees elected; Stuart L. Levenick received lowest support with 149.3M for and 23.9M against.
Entergy boosts ATM equity program by $1B; $1.36B remaining for issuance through 2026
Entergy amended its equity distribution agreement to increase the aggregate gross sales price authorized by $1,000,000,000.
Settlement with City Council increases customer sharing of income tax benefits from $60M to $138M.
Entergy Arkansas to record $132M impairment after adverse court ruling on cost recovery
Court ruled against Entergy Arkansas in dispute over $135M in payments and $14M refunds for off-system sales from 2002-2009.
Amended bylaws designate Delaware Chancery as exclusive forum for intra-corporate disputes and federal courts for Securities Act claims.
Entergy Arkansas settles ANO Stator cost recovery with APSC, writes off $78.4M
Entergy Arkansas and Arkansas Public Service Commission entered settlement in principle on Oct 27, 2023 resolving retail ratemaking matters.
Entergy shareholders approve 4.9M share increase in omnibus incentive plan, charter amendment
Amendment to 2019 Omnibus Incentive Plan increases authorized shares by 4.9M to 12.2M; term extended to Jan 27, 2033.
Entergy elects Gina F. Adams and John H. Black to board, effective March 1, 2023
Board size increased to 13 members with the addition of two new independent directors.
Entergy CEO Marsh named Chairman; Denault resigns as Executive Chair
Leo P. Denault resigned as Executive Chair and Chairman, effective Jan 31, 2023.
Entergy amends retirement benefits for EVP & General Counsel Marcus V. Brown
PEP participation ceases effective December 1, 2022.
Entergy settles forward sale agreements for 7.69M shares, netting ~$853M in cash
Physically settled 7,488,419 shares on Nov 8, 2022 for ~$830M in cash proceeds.
Entergy sets CEO base salary at $1.1M; CFO $625K; CAO $340K
CEO Andrew S. Marsh gets $1.1M base salary; target annual bonus of 120% of base.
Entergy files new S-3 registration and ATM prospectus for up to $1.12B common stock offering
Filed new S-3 registration statement (No. 333-266624) effective Aug 8, 2022, replacing expiring 2019 shelf.
Entergy discloses Peter Norgeot's compensation as EVP and COO: $575K base salary
Annual base salary of $575,000; eligible for short-term incentive bonus targeted at 75% of base salary.
All 11 director nominees elected; highest vote against was Kirkland H. Donald with 14.9 million against.
Entergy increases at-the-market equity program by $1B; $1.367B remains available
Increased aggregate gross sales price under existing Sales Agreement by $1,000,000,000.
On October 23, 2024, Blanche L. Lincoln notified Entergy Corporation (the “Company”) that she intends to resign from the Board of Directors of the Company effective December 31, 2024.
On February 23, 2023, the Board of Directors (the “Board”) of Entergy Corporation (the “Company”) elected Gina F. Adams and John H. Black to the Board, effective March 1, 2023.
On February 23, 2023, the Board of Directors (the “Board”) of Entergy Corporation (the “Company”) elected Gina F. Adams and John H. Black to the Board, effective March 1, 2023.
On January 27, 2023, the Board approved and accepted Mr. Denault’s resignation as Executive Chair and Chairman of the Board, effective as of the close of business on January 31, 2023
appointed Mr. Marsh as Chairman of the Board, effective as of February 1, 2023
As disclosed in the Original Report, Peter S. Norgeot, Jr. will become the Company’s Executive Vice President and Chief Operating Officer effective August 12, 2022.
Max materiality 0.75 · Median 0.50 · Most common event other_material