CenterPoint Energy Management

Management criteria checks 2/4

CenterPoint Energy's CEO is Jason Wells, appointed in Jan 2023, has a tenure of 1.83 years. total yearly compensation is $7.08M, comprised of 13.7% salary and 86.3% bonuses, including company stock and options. directly owns 0.035% of the company’s shares, worth R$39.85M. The average tenure of the management team and the board of directors is 1.8 years and 3.2 years respectively.

Key information

Jason Wells

Chief executive officer

US$7.1m

Total compensation

CEO salary percentage	13.7%
CEO tenure	1.8yrs
CEO ownership	0.04%
Management average tenure	1.8yrs
Board average tenure	3.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jason Wells's remuneration changed compared to CenterPoint Energy's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$963m
Jun 30 2024	n/a	n/a	US$1b
Mar 31 2024	n/a	n/a	US$904m
Dec 31 2023	US$7m	US$969k	US$867m
Sep 30 2023	n/a	n/a	US$797m
Jun 30 2023	n/a	n/a	US$730m
Mar 31 2023	n/a	n/a	US$803m
Dec 31 2022	US$3m	US$667k	US$1b
Sep 30 2022	n/a	n/a	US$911m
Jun 30 2022	n/a	n/a	US$849m
Mar 31 2022	n/a	n/a	US$840m
Dec 31 2021	US$3m	US$665k	US$573m
Sep 30 2021	n/a	n/a	US$635m
Jun 30 2021	n/a	n/a	US$2b
Mar 31 2021	n/a	n/a	US$2b
Dec 31 2020	US$4m	US$170k	US$307m

Compensation vs Market: Jason's total compensation ($USD7.08M) is about average for companies of similar size in the BR market ($USD5.73M).

Compensation vs Earnings: Jason's compensation has increased by more than 20% in the past year.

CEO

Jason Wells (46 yo)

1.8yrs

Tenure

US$7,081,465

Compensation

Mr. Jason P. Wells serves as the President, CEO & Director of CenterPoint Energy Resources. Mr. Jason serves as the Chief Executive Officer at CenterPoint Energy Houston Electric, LLC. He serves as Executi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jason Wells	President	1.8yrs	US$7.08m	0.035% R$ 39.9m
Christopher Foster	Executive VP & CFO	1.5yrs	US$7.82m	0.0067% R$ 7.6m
Monica Karuturi	Executive VP & General Counsel	4.3yrs	US$3.65m	0.014% R$ 16.0m
Lynne Harkel-Rumford	Executive VP & Chief Human Resources Officer	4.3yrs	US$2.11m	0.012% R$ 13.4m
Jason Ryan	Executive Vice President of Regulatory Services & Government Affairs	4.3yrs	US$3.06m	0.016% R$ 18.1m
Russell Wright	Vice President	1.3yrs	no data	0% R$ 0
Kenneth Coleman	Senior VP & Chief Information Officer	4yrs	no data	no data
Jacqueline Richert	Vice President of Investor Relations & Treasurer	no data	no data	no data
Carol Helliker	Chief Ethics & Compliance Officer	no data	no data	no data
Keith Stephens	Senior VP & Chief Communications Officer	less than a year	no data	no data
Darin Carroll	Senior Vice President of Natural Gas Business	1.8yrs	no data	0.0021% R$ 2.4m
Tony Gardner	Senior VP & Chief Customer Officer	1.8yrs	no data	no data

1.8yrs

Average Tenure

45.5yo

Average Age

Experienced Management: C1NP34's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Jason Wells	President	less than a year	US$7.08m	0.035% R$ 39.9m
Thaddeus Malik	Independent Director	1.2yrs	US$144.65k	0.0015% R$ 1.7m
Barbara Duganier	Independent Director	less than a year	no data	0.00089% R$ 1.0m
Theodore Pound	Independent Director	9.6yrs	US$311.95k	0.0080% R$ 9.1m
Phillip Smith	Independent Chair of the Board	10.7yrs	US$311.95k	0.010% R$ 11.7m
Ricky Raven	Independent Director	1.2yrs	US$133.05k	0.0015% R$ 1.7m
Christopher Franklin	Independent Director	2.6yrs	US$341.95k	0.0025% R$ 2.9m
Barry Smitherman	Independent Director	4.5yrs	US$303.58k	0.0032% R$ 3.7m
Earl Cummings	Independent Director	4.3yrs	US$391.83k	0.0047% R$ 5.4m
Wendolynn Cloonan	Independent Director	3.8yrs	US$324.52k	0.0035% R$ 4.0m
Raquelle Lewis	Independent Director	3.2yrs	US$308.91k	0.0031% R$ 3.5m

3.2yrs

Average Tenure

59yo

Average Age

Experienced Board: C1NP34's board of directors are considered experienced (3.2 years average tenure).

CenterPoint Energy Management

Management criteria checks 2/4

Key information

Recent management updates

Centerpoint Energy, Inc. Appoints Keith Stephens as Senior Vice President and Chief Communications Officer

CenterPoint Energy, Inc., Annual General Meeting, Apr 26, 2024

Centerpoint Energy, Inc. Announces Board Appointments

CenterPoint Energy, Inc. Announces Board Changes

CenterPoint Energy, Inc. Announces Board Appointments

CenterPoint Energy, Inc. Appoints Earl M. Cummings as Its Independent Board Chair

Recent updates

Centerpoint Energy Completes All 42 of Its Initial Post-Beryl Commitments to Improve Resiliency and Strengthen Emergency Operations

Centerpoint Energy, Inc. Appoints Keith Stephens as Senior Vice President and Chief Communications Officer

CenterPoint Energy, Inc. has completed a Follow-on Equity Offering in the amount of $249.999992 million.

CenterPoint Energy, Inc. has completed a Follow-on Equity Offering in the amount of $249.999992 million.

CenterPoint Energy, Inc. Declares Regular Quarterly Cash Dividend, Payable on June 13, 2024

CenterPoint Energy, Inc., Annual General Meeting, Apr 26, 2024

CenterPoint Energy, Inc. has filed a Follow-on Equity Offering in the amount of $500 million.

Centerpoint Energy, Inc. Announces Board Appointments

CenterPoint Energy, Inc. Declares Regular Quarterly Cash Dividend, Payable on March 14, 2024

CenterPoint Energy, Inc. Announces Board Changes

CenterPoint Energy, Inc. Announces Board Appointments

CenterPoint Energy, Inc. Declares Regular Quarterly Cash Dividend , Payable on December 14, 2023

CenterPoint Energy, Inc. Appoints Earl M. Cummings as Its Independent Board Chair

CenterPoint Energy, Inc. Names Bertha Villatoro as Senior Vice President of Human Resources

CenterPoint Energy, Inc. Announces Executive Changes, effective August 11, 2023

CenterPoint Energy, Inc. Declares Quarterly Regular Common Stock Dividend, Payable on September 14, 2023

ESG Holdings Group, LLC completed the acquisition of Energy Systems Group, LLC from CenterPoint Energy, Inc. (NYSE:CNP).

CenterPoint Energy, Inc. Plans to Retire A.B. Brown Coal Units 1 and 2 in October 2023

CenterPoint Energy, Inc. Announces Organizational Changes

CenterPoint Energy, Inc. Declares Regular Common Stock Dividend, Payable on March 9, 2023

CenterPoint Energy, Inc. Announces Promotion of Jason P. Wells from Executive Vice President and Chief Financial Officer to the Role of President and Chief Operating Officer, Effective from January 1, 2023

CenterPoint Energy, Inc. Declares Regular Quarterly Cash Dividend, Payable on December 8, 2022

CenterPoint Energy, Inc. Announces Management Changes

CenterPoint Energy Declares Common Stock Quarterly Dividend, Payable on September 8, 2022

CenterPoint Energy, Inc. Declares Regular Common Stock Dividend, Payable on June 9, 2022

CenterPoint Energy, Inc. Appoints Scott E. Doyle as Executive Vice President, Utility Operations

Summit Utilities, Inc. completed the acquisition of Arkansas and Oklahoma gas distribution assets of CenterPoint Energy, Inc.

Energy Transfer LP (NYSE:ET) completed the acquisition of Enable Midstream Partners, LP (NYSE:ENBL) from OGE Energy Corp. (NYSE:OGE), CenterPoint Energy, Inc. (NYSE:CNP) and others.

CenterPoint Energy, Inc. Reaffirms Earnings Guidance for the Year 2021

Summit Utilities, Inc. signed a definitive agreement to acquire the Arkansas and Oklahoma gas distribution assets of CenterPoint Energy, Inc. for $2.2 billion.

CenterPoint Energy, Inc. Provides Earnings Guidance for the Fiscal Year 2021

Houston Man Files Lawsuit Against ERCOT and CenterPoint Energy, Inc

CenterPoint Energy, Inc. Appoints Wendy Montoya Cloonan to the Board of Directors

CenterPoint Energy, Inc.(NYSE:CNP) dropped from Russell 1000 Defensive Index

CenterPoint Energy, Inc. Announces Two Senior Finance Leadership Appointments

Black Hills Confirms it is Not Participating in CenterPoint Energy Sale Process

CenterPoint Energy Names Kenneth E. Coleman Senior Vice President and Chief Information Officer, Effective on November 16, 2020

Centerpoint Energy Appoints Jason Wells as Chief Financial Officer

PowerTeam Services, LLC acquired MVerge Companies from CenterPoint Energy, Inc. (NYSE:CNP) for $850 million.

CenterPoint Energy, Inc.(NYSE:CNP) dropped from Russell 1000 Defensive Index

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age