CenterPoint Energy reports 2017 annual shareholder meeting results

HOUSTON – April 27, 2017 – CenterPoint Energy, Inc. (NYSE:CNP) announced the results of the voting by shareholders at its 2017 annual meeting held today. Shareholders approved the following proposals:

  • The election of Milton Carroll, Michael P. Johnson, Janiece M. Longoria, Scott J. McLean, Theodore F. Pound, Scott M. Prochazka, Susan O. Rheney, Phillip R. Smith, John W. Somerhalder II, and Peter S. Wareing to serve on the company's board of directors for one-year terms; 
  • The ratification of the appointment of Deloitte & Touche LLP as the company's independent auditors for 2017;
  • An advisory resolution on the compensation paid to the company's named executive officers as disclosed in the proxy statement; and
  • Holding future "say-on-pay" advisory votes on executive compensation on an annual basis.

CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and energy services operations. The company serves more than five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. The company also owns a 54.1 percent limited partner interest in Enable Midstream Partners, a publicly traded master limited partnership it jointly controls with OGE Energy Corp.,  which owns, operates and develops natural gas and crude oil infrastructure assets. With more than 7,700 employees, CenterPoint Energy and its predecessor companies have been in business for more than 140 years. For more information, visit the website at www.CenterPointEnergy.com.

2017-04-27T21:05:00Z
CenterPoint Energy declares $0.2675 quarterly dividend

Houston – April 27, 2017 - CenterPoint Energy, Inc.'s. (NYSE: CNP) board of directors today declared a regular quarterly cash dividend of $0.2675 per share of common stock payable on June 9, 2017, to shareholders of record as of the close of business on May 16, 2017.

CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and energy services operations. The company serves more than five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. The company also owns a 54.1 percent limited partner interest in Enable Midstream Partners, a publicly traded master limited partnership it jointly controls with OGE Energy Corp.,  which owns, operates and develops natural gas and crude oil infrastructure assets. With more than 7,700 employees, CenterPoint Energy and its predecessor companies have been in business for more than 140 years. For more information, visit the website at www.CenterPointEnergy.com.

2017-04-27T21:05:00Z
Governor Asa Hutchinson proclaims April as Arkansas Safe Digging Month

HOUSTON April 18, 2017Arkansas Governor Asa Hutchinson issued a proclamation announcing April as Arkansas Safe Digging Month. The proclamation reminds homeowners to call 811 before starting any outdoor digging projects to prevent injuries, property damage and inconvenient outages.

An underground utility line is damaged once every six minutes nationwide because someone decided to dig without first calling 811, according to data collected by Common Ground Alliance (CGA). 

"Contacting 811 at least two working days before digging prevents 99 percent of damages to vital underground utilities," said Vincent Vickers, supervisor of Damage Prevention for CenterPoint Energy.  "811 makes it very easy and convenient. You can submit your dig requests on your home computer on the website, www.arkonecall.com, or call 811 and talk to an operator."

By calling 811 before digging:

  • Homeowners are connected to Arkansas One Call, which notifies the appropriate utility companies of the intent to dig.
  • Professional locators are then sent to the requested digging site to mark the approximate locations of underground lines with flags and paint.
  • Once lines have been accurately marked, homeowners can dig carefully around marked lines.

Digging without knowing the approximate location of underground utilities can result in damage to gas, electric, communications, water and sewer lines, which can lead to service disruptions, serious injuries and costly repairs.


Examples of digging projects that require a call to 811 before starting would be installing a mailbox, putting in a fence, laying underground cable or installing water lines. Visit www.call811.com for more information about 811 and the call-before-you-dig process.

CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and energy services operations. The company serves more than five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. The company also owns a 54.1 percent limited partner interest in Enable Midstream Partners, a publicly traded master limited partnership it jointly controls with OGE Energy Corp., which owns, operates and develops natural gas and crude oil infrastructure assets. With more than 7,700 employees, CenterPoint Energy and its predecessor companies have been in business for more than 140 years. For more information, visit the website at www.CenterPointEnergy.com

2017-04-18T05:00:00Z
CenterPoint Energy files Formula Rate Plan adjustment with Arkansas Public Service Commission

HOUSTON – April 5, 2017 - CenterPoint Energy announced today that its natural gas distribution utility filed an application with the Arkansas Public Service Commission (APSC) for a $9.1 million Formula Rate Plan (FRP) adjustment. The FRP, a formula rate review mechanism authorized by Act 725 of 2015, is an annual streamlined review of a public utility's rates to determine if adjustments are needed to recover costs related to additional invested capital and expenses without filing a full rate case. 

"We continue to make significant investments to help ensure we have a modernized, technologically advanced natural gas system that will continue to meet the needs of our customers now and in the future," said Walter Bryant, vice president of Gas Operations in Arkansas. "The FRP helps support these investments for system safety and reliability by reducing lag in a utility's recovery of necessary investments and expenses. It also smooths out rate adjustments for customers by having smaller adjustments over time versus large adjustments from time to time."

If approved, the net impact of the new rates will increase a residential customer's bill that was $100.00 to $102.48.

CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and energy services operations. The company serves more than five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. The company also owns a 54.1 percent limited partner interest in Enable Midstream Partners, a publicly traded master limited partnership it jointly controls with OGE Energy Corp., which owns, operates and develops natural gas and crude oil infrastructure assets. With more than 7,700 employees, CenterPoint Energy and its predecessor companies have been in business for more than 140 years. For more information, visit the website at www.CenterPointEnergy.com.

This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. Any statements in this news release regarding future events, such as future regulatory actions on the FRP adjustment application, and any other statements that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release speaks only as of the date of this release.

2017-04-05T05:00:00Z
John Sousa joins CenterPoint Energy as vice president of Corporate Communications and Community Relations

HOUSTON – April 4, 2017 – John Sousa has joined CenterPoint Energy as vice president of Corporate Communications and Community Relations, effective March 13. In this capacity, Sousa leads all corporate communications activities, including internal communications, external media relations, crisis management and community relations.  He also provides strategic direction on matters affecting the reputation of the company; works cross-functionally with leaders from division and corporate teams to ensure strategic alignment of internal and external messages; and develops and executes creative and flexible communications approaches to educate, engage and meet the needs of the company's diverse workforce and external constituencies.

Sousa has more than 25 years of experience developing, executing and measuring integrated communications and community relations programs in corporate and agency environments. From global communications campaigns to grassroots outreach, Sousa has served as a strategic source of communications and community relations solutions, delivering measurable results that support the overarching objectives of the organizations in which he has worked.

"John brings extensive experience and a record of community service to our company. Throughout his career, he has sought out opportunities to expand his role from a traditional communications practitioner to a more transformational function within the organization," said Sue Ortenstone, senior vice president and chief Human Resources officer. "He has held diverse leadership roles with renowned companies, leading departments responsible for internal and external communications and community relations. We are excited to have someone as accomplished as John on our team."

Sousa joins CenterPoint Energy from ConocoPhillips, where he served as manager of Communications, Brand and Community Relations. Prior to this role, Sousa served as vice president of Communications and Community Relations at El Paso Corp. He has also held leadership positions at Fleishman-Hillard International Communications and Dynegy Inc., an independent power producer.

Sousa earned a bachelor's degree in sociology and history from Bowdoin College and a master's degree in mass communications from Boston University's College of Communication.

2017-04-04T05:00:00Z
CenterPoint Energy honored by Junior Achievement with A U.S. President's Volunteer Service Award

HOUSTON – March 14, 2017 – Junior Achievement USA® (JA) announced that it has honored CenterPoint Energy with a Bronze level 2015-2016 U.S. President's Volunteer Service Award for providing more than 5,000 volunteer hours to local Junior Achievement offices during the 2015-2016 school year. The U.S. President's Volunteer Service Award was presented to 64 organizations at an evening awards ceremony during the JA Volunteer Summit, on March 7, 2017 in New York, NY.

In 2003, President George W. Bush established the President's Council on Service and Civic Participation (the Council) to recognize the valuable contributions volunteers make in communities and encourage more people to serve. The Council created the President's Volunteer Service Award program as a way to thank and honor individuals who, by their demonstrated commitment and example, inspire others to engage in volunteer service. In 2006, Junior Achievement became an official certifying organization for this award, which recognizes corporations with a U.S. presence that provide volunteers to teach JA programs anywhere in the world.

"Junior Achievement volunteers are important mentors for young people, bringing our programs to life. JA volunteers share their experiences and skills with students while delivering our programs, teaching them how to manage their money, succeed in the workforce, or start a business that creates jobs and grows the economy. JA's volunteers are critical to our organization's success and are a vital part of our mission," said Rick Franke, president of Junior Achievement of Southeast Texas.

"Respect for the communities in which we operate is a core value upon which CenterPoint Energy has operated for many years," said Scott Prochazka, president and chief executive officer for CenterPoint Energy and JA of Southeast Texas board member. "Our company works with the communities we serve to enhance quality of life in the areas of community development, health and human services and education."

To learn more about what CenterPoint Energy is doing in your community, visit CenterPointEnergy.com/Community.

2017-03-14T05:00:00Z
CenterPoint Energy honored by Junior Achievement with A U.S. President's Volunteer Service Award

MINNEAPOLIS – March 14, 2017 – Junior Achievement USA® (JA) announced that it has honored CenterPoint Energy with a Bronze level 2015-2016 U.S. President's Volunteer Service Award for providing more than 5,000 volunteer hours to local Junior Achievement offices during the 2015-2016 school year. The U.S. President's Volunteer Service Award was presented to 64 organizations at an evening awards ceremony during the JA Volunteer Summit, on March 7, 2017 in New York, NY.

In 2003, President George W. Bush established the President's Council on Service and Civic Participation (the Council) to recognize the valuable contributions volunteers make in communities and encourage more people to serve. The Council created the President's Volunteer Service Award program as a way to thank and honor individuals who, by their demonstrated commitment and example, inspire others to engage in volunteer service. In 2006, Junior Achievement became an official certifying organization for this award, which recognizes corporations with a U.S. presence that provide volunteers to teach JA programs anywhere in the world.

 "Junior Achievement volunteers are important mentors for young people, bringing our programs to life. JA volunteers share their experiences and skills with students while delivering our programs, teaching them how to manage their money, succeed in the workforce, or start a business that creates jobs and grows the economy. JA's volunteers are critical to our organization's success and are a vital part of our mission," said Gina Blayney, president of Junior Achievement of the Upper Midwest.

"Respect for the communities in which we operate is a core value upon which CenterPoint Energy has operated for many years," said Scott Prochazka, president and chief executive officer for CenterPoint Energy and JA of Southeast Texas board member. "Our company works with the communities we serve to enhance quality of life in the areas of community development, health and human services and education."

To learn more about what CenterPoint Energy is doing in your community, visit CenterPointEnergy.com/Community.

2017-03-14T05:00:00Z
CenterPoint Energy Employees Present Workshop to Future Leaders

​CenterPoint Energy employees, in conjunction with the Beaumont Chamber Foundation, conducted a leadership workshop at Vidor High School on Wednesday, March 8, 2017. 

Nearly 40 high school students were chosen by their counselors and club sponsors to attend this workshop in an effort to grow their leadership skills.  The workshop combined activities, group projects, and personality quizzes in order to acquire necessary skills to lead their organizations.  The leadership workshop was the first in a new initiative to train local youth to become effective leaders.

Matt McCallon, Senior Marketing Consultant, and Tara Vincent, Ops Support Rep were two of the three presenters to the group of high school students attending the workshop.  They were honored to represent CenterPoint Energy and impart skills and knowledge regarding effective communication, group collaboration, and a charge to share newly learned skills with their peers.  McCallon and Vincent work out of CenterPoint's Southeast TX District Office in Beaumont, Texas.

 

 

2017-03-13T05:00:00Z
CenterPoint Energy recognized by the Greater Beaumont Chamber of Commerce with the Century Plus Award

HOUSTON – March 13, 2017 – CenterPoint Energy received The Century Plus Award presented by the Greater Beaumont Chamber of Commerce. This award is given to businesses that have been members of the chamber for over one hundred years. The awards were presented at the Member Recognition Luncheon 2017 on February 23. CenterPoint Energy district director Gary Chalk attended the luncheon and received the award on behalf of the company.

2017-03-13T05:00:00Z
Jason Ryan, from El Campo, TX, named CenterPoint Energy vice president of Regulatory and Government Affairs

HOUSTON – March 6, 2017 –Jason Ryan was named CenterPoint Energy vice president of Regulatory and Government Affairs, effective on March 1.

Ryan was the vice president of Regulatory Legal. While he will retain this, he will also be responsible for Regulatory, Government Relations and Local Relations across the company's footprint.  Ryan, who has represented the company in regulatory and legislative matters for more than 15 years, will report to Dana O'Brien, senior vice president, general counsel and corporate secretary.

Ryan leads the group of lawyers and other legal professionals responsible for representing CenterPoint Energy's electric and gas utilities in proceedings before state and federal agencies and any related appeals in the courts, as well as assists management in the development and implementation of regulatory strategies, including regulatory compliance programs. He also directly supports the company's state and federal legislative activities. 

"Our businesses are performing well, and this assignment aligns with our strategy and supports our leadership succession planning process," said Prochazka. "Jason brings a strong set of experiences and capabilities that will continue to drive our company forward."

Before joining CenterPoint Energy in 2009, Ryan was a managing partner at energy law firm RyanGlover LLP and a global projects attorney at Baker Botts LLP. He earned a bachelor's degree in business administration with honors from The University of Texas at Austin and also completed all requirements for a degree in management information systems. He received his law degree, also with honors, from The University of Texas School of Law and was an Intelligence Officer in the United States Navy.

2017-03-06T06:00:00Z

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