CenterPoint Energy Names David J. Lesar President and CEO
Earl M. Cummings Appointed as New Director
2020-06-30T05:00:00Z

HOUSTON, June 30, 2020 - CenterPoint Energy, Inc. (NYSE: CNP) today announced that its Board of Directors has appointed David J. Lesar as President and Chief Executive Officer, effective July 1, 2020.  He succeeds John W. Somerhalder II, who has served as interim president and chief executive officer of CenterPoint Energy since February 2020 and a director since 2016. 

Milton Carroll, Executive Chairman, said, "The Board determined in February that it was the right time for CenterPoint Energy to name an experienced executive leader with a fresh strategic perspective, proven achievement in shareholder and stakeholder value creation and a track record of delivering results to lead the company through its next phase of growth.  After a thorough search process that included external candidates, we are delighted to have found that leader in Dave Lesar and welcome him as our next president and CEO. 

"Over the past three decades, Dave has built an enviable track record of vision, strategy implementation, execution capability, financial sophistication and operational experience. During his 17 years leading Halliburton, he was the architect of how that company ultimately led the industry in growth, margins and returns. He will work with the Board and the entire CenterPoint Energy team to evaluate, refine and advance our strategy, and then position us to execute on our robust capital plans and seize attractive growth opportunities.  He will help us ensure that CenterPoint Energy achieves our potential and promise, building on the company's impressive service territories and strong regulatory position," Mr. Carroll concluded.

Mr. Lesar said, "We are committed to unlocking the power and potential within this company and its premium regulated utilities and to maintaining our earnings growth rate.  We have a dedicated team with the right skills to position us to create attractive value, building on a base of strong utility assets.  Our utility-focused strategy, combined with our newly strengthened financial position, enables us to focus on how best to optimize and drive return on our assets.  We need to ensure that the financial community, our employees and other key stakeholders can clearly see and understand our strategy.  With respect to current – and potential – investors, my number one near-term goal is to achieve greater shareholder confidence by setting, communicating and working tirelessly to achieve our financial and business goals. Throughout my career, I have worked to maximize sustainable shareholder value and build strong relationships with the constituencies that are central to the success and sustainability of the companies I have led. I am honored by the trust the Board has placed in me, and excited to immediately start in this new role, working alongside our dedicated and talented team members who make a tremendous difference for customers every day.

"CenterPoint Energy is a backbone, supporting economic vitality in the state of Texas and the other states it serves.  We will continue to strive to meet the energy delivery needs of our customers and communities safely and reliably. We will also build on our proven ability to innovate and utilize the vast creativity of our people to drive value for all of the stakeholders who rely, trust and invest in us," continued Mr. Lesar.

Mr. Lesar stated, "I am dedicated to accelerating the company's environmental commitments and leadership in emissions reduction, infrastructure modernization and delivering sustainable and cleaner energy.  CenterPoint Energy is also steadfast about building on our long history of investing in the communities in which we operate.  I am devoted  to having our employees— including our leadership—and our suppliers reflect those diverse communities, and inclusion is an important part of my vision for how CenterPoint Energy will lead."

Mr. Carroll added, "On behalf of the Board of Directors and CenterPoint Energy's employees, I would also like to thank John for serving as interim CEO during a time of significant change and transition for our company and the country and for his prior service as a director.  We have all valued and benefited from John's substantial contributions, leadership and support and wish him well."

CenterPoint Energy also announced that Earl M. Cummings has been appointed to serve as a new independent member of the company's Board of Directors.  He fills the vacancy created by Mr. Somerhalder's departure from the Board as of June 30, 2020.  With Mr. Cummings' appointment, the Board comprises directors with independence, relevant skills, expertise and a valuable diversity reflective of the company and customers, constituencies and communities served. 

Mr. Carroll said, "We are delighted to have Earl join the Board as a new outside director.  His experience, leadership and commitment to creating value for all our stakeholders will further strengthen our Board's oversight and contributions to CenterPoint Energy."

New director Earl Cummings added, "I am pleased to be joining the distinguished board of such an important and outstanding company.  I look forward to working with CenterPoint Energy, our new CEO and my fellow directors to capitalize on the opportunities ahead and uphold our commitments to service, safety, inclusion and performance."

Mr. Lesar, who recently joined the CenterPoint Energy Board, has chaired the Board's Business Review and Evaluation Committee since its formation in early May 2020.  CenterPoint Energy intends to host an investor day by early 2021 to update stakeholders on the company's vision and plans.

About David J. Lesar 
Dave Lesar joined CenterPoint Energy as a director in May 2020.  He served as interim CEO of Health Care Service Corporation, the largest privately-held health insurer in the U.S., from July 2019 through June 1, 2020, having joined the company's board of directors in 2018.  He was the Chairman of the Board and CEO of Halliburton Company from 2000 to 2017 and Executive Chairman of the Board from June 2017 until December 2018.  Mr. Lesar joined Halliburton in 1993 and served in a variety of other roles, including executive vice president of Finance and Administration for Halliburton Energy Services, a Halliburton business unit, CFO of Halliburton from 1995 through May 1997, President and Chief Operating Officer from May 1997 through August 2000. He has also served on the board of directors of several companies, most recently Agrium, Inc. as well as Lyondell Chemical Co., Southern Co., Cordant Technologies, and Mirant. A Certified Public Accountant, Mr. Lesar was previously a partner at Arthur Andersen. He received both his B.S. and MBA from the University of Wisconsin.

About Earl Cummings
Since 2012, Mr. Cummings has served as Managing Partner of MCM Houston Properties, LLC, a real estate fund that invests in single family residential properties in Houston, Texas.  In his role as Managing Partner, he is responsible for overall capital raising, investment, acquisition, and business strategies of the fund and its assets. Mr. Cummings also serves as Chief Executive Officer of The BTS Team, which began as an information technology and staffing firm providing solutions and services across various regions and evolved into a company that also invested financial resources in various industries to create value for shareholders and other stakeholders, and he previously served as its Chief Information Officer and Chairman of its board.  He also served as Chief Executive Officer of BestAssets, Inc., a private company providing real estate portfolio management and related services. Active across communities and in non-profit board service, Mr. Cummings has served on the boards of the University of Houston Board of Visitors, C-STEM Robotics (where he was founding Chairman of the Executive Board for C-STEM), Yellowstone Academy and has also served on the advisory boards for KIPP Academy and Texas Southern University School of Business.  Mr. Cummings holds a BBA of Management Information Systems from the University of Houston and an MBA from Pepperdine University.

About CenterPoint Energy, Inc.
As the only investor owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission & distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. As of March 31, 2020, the company owns approximately $33 billion in assets and also owns 53.7 percent of the common units representing limited partner interests in Enable Midstream Partners, LP, a publicly traded master limited partnership that owns, operates and develops strategically located natural gas and crude oil infrastructure assets. With approximately 9,600 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release, the words "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "goal," "intend," "may," "objective," "plan," "potential," "predict," "projection," "should," "target," "will," "can" or other similar words are intended to identify forward-looking statements. 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 the company's prospects or potential or the intentions of management or the board, capital investment plans, future financial and business goals, earnings growth rates or financial condition, growth or business opportunities, stakeholder (including shareholder) value creation, environmental and sustainability commitments including emissions reductions, social goals including relating to diversity, activities of the board's business review and evaluation committee, future investor days hosted by the Company,  inclusion, strategic initiatives, future financial performance and results of operations, , 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. Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to: (1) the impact of COVID-19; (2) financial market conditions; (3) general economic conditions; (4) the timing and impact of future regulatory and legislative decisions; (5) effects of competition; (6) weather variations; (7) changes in business plans; and (8) other factors discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2019, CenterPoint Energy's Quarterly Report on Form 10-Q for the quarter ended March 31, 2020 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.

For more information contact
Media:
Alicia Dixon
Phone      713.207.5885
Investors:
Dave Mordy
Phone      713.207.6500

 

SOURCE CenterPoint Energy, Inc.

 Recent News

 

 
Energy efficiency improvements at Blue Lake Water Resource Recovery Facility help save money, while reducing energy use and emissions

​Images are available here

MINNEAPOLIS – May 13, 2026 – The Metropolitan Council Environmental Services, in collaboration with CenterPoint Energy and Synagro, has completed a major energy efficiency project at the Blue Lake Water Resource Recovery Facility in Shakopee. The project incorporates more renewable biogas into plant operations and earned the Metropolitan Council a rebate of $152,690 through CenterPoint's energy efficiency programs.

As designed, this project, identified by Synagro, is expected to save energy equivalent to the annual emissions generated by 225 Minnesota homes and achieve approximately $162,000 in energy cost savings per year.

“We work to connect our customers with energy efficiency projects to help them save money, energy, and reduce emissions attributed to their energy use," said Brad Steber, CenterPoint's Vice President of Minnesota Gas. “The Blue Lake custom biogas project represents the possibilities that exist for achieving emissions reductions through strategic collaboration and commitment to creative innovation for the benefit of our shared customers and communities throughout Minnesota.

For wastewater treatment, solids are processed into fertilizer pellets through a drying system that also produces biogas, a renewable fuel that can be leveraged for operations. These energy efficiency improvements allow the facility to safely use biogas to reduce emissions. 

"Millions of gallons of wastewater flow to our facilities daily, carrying an enormous, untapped energy resource — and we're unlocking it," said Leisa Thompson, General Manager, Metropolitan Council Environmental Services. "From raw wastewater heat to stored energy in biosolids, this project transforms how we think about treatment. We aren't just cleaning water; we're turning treatment facilities into energy generators — reducing our operational region's reliance on natural gas and building a more sustainable future."

Blue Lake, the second-largest Metropolitan Council water resource recovery facility and the third largest in Minnesota, treats an average of 27 million gallons of wastewater each day, helping protect public health and the environment.

“This energy-efficiency project has been a true collaborative effort between Synagro, the Metropolitan Council Environmental Services and CenterPoint, providing sustainable benefits for our customer and the community," said Nick Davern, Senior Plant Manager, Synagro Technologies, Inc.

Customer participation in CenterPoint's Minnesota energy efficiency programs has reduced emissions by nearly 18.8 million metric tons over the last 32 years and saved customers approximately $2.6 billion. To learn more about CenterPoint's Minnesota energy efficiency programs, visit CenterPointEnergy.com/SaveEnergy.

About CenterPoint Energy, Inc.
As the only investor owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Minnesota, Ohio and Texas. As of March 31, 2026, the company owned approximately $47.8 billion in assets. With approximately 8,800 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.


Approximately 97.5% of CenterPoint Energy customers experienced no impacts during overnight thunderstorms as crews responded safely and quickly to address localized impacts to system

Since 1 a.m., CenterPoint frontline workers and contractors have restored approximately 60,000 customers

As of 4:45 a.m., approximately 14,500 of CenterPoint's customers are without power

Less than 1% of CenterPoint customers impacted at any one time since storms began at 1 a.m.

HOUSTON – May 11, 2026 – During the overnight thunderstorms, approximately 97.5% of CenterPoint Energy customers experienced no service interruptions. Where there were localized impacts to service as a result of the overnight storms, crews continue to make steady progress in the field responding to isolated outages. Across the Greater Houston area, weather impacts included pockets of frequent lightning, wind gusts up to 45 mph and scattered rainfall. The company's frontline crews and contractors were pre-positioned ahead of weather and began responding to outages as soon as it was safe to do so, and they will continue working safely and quickly until every customer is restored. 

CenterPoint's Emergency Operations Center remains activated as crews continue supporting restoration efforts this morning.

Scattered thunderstorms began impacting parts of the Greater Houston area overnight, with the strongest activity taking place between 2 and 3 a.m. Since 1 a.m., across CenterPoint's 150 weather station network, peak rain totals between 1 - 2" and wind gusts up to 45 mph have been observed. Crews continue restoring customers experiencing outages in the areas most impacted, including northern parts of the company's electric service territory in Montgomery County and the Cypress, Spring Branch and Greenspoint areas of Harris County.

At the peak of this morning's storm activity around 2:30 a.m., less than one percent (approximately 28,600) of customers were without service at any one time. About 2.5% of CenterPoint's 2.9 million customers have experienced service interruptions since 1 a.m., with over 60,000 of those customers restored as of 4:45 a.m. The average restoration time per outage is approximately 26 minutes. As of 4:45 a.m., approximately 14,500 are currently without power — approximately half of one percent of CenterPoint's customers.

“Our CenterPoint teams worked through the night to restore power safely and as quickly as possible to customers affected by isolated and localized outages," said John Cornelius, CenterPoint's Vice President of Distribution Operations and Incident Commander. “Our crews were staged and ready to go, responding safely throughout the storms overnight. We're grateful to our customers for their patience as we work through the final stretches of the storm front and our focused efforts to restore the remaining outages."

What customers should do:

  • Sign up for Power Alert Service®: Get outage updates and restoration times.
  • Track outages: Bookmark the Outage Tracker (available in English & Spanish and mobile-friendly) to see outage information in your area.
  • Stay safe: Visit Ready.gov for storm safety tips.

About CenterPoint Energy, Inc. 
As the only investor owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Minnesota, Ohio and Texas. As of March 31, 2026, the company owned approximately $47.8 billion in assets. With approximately 8,800 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

CenterPoint Energy provides new option for in-person customer service and bill payment with Customer Connect pilot

EVANSVILLE, Ind. – May 11, 2026 – CenterPoint Energy today announced the launch of a new weekly in-person customer service and payment option at the CenterPoint Energy Plaza in Downtown Evansville. Through the Customer Connect pilot, southwestern Indiana customers can now walk in, pay a bill in person and sit down with a customer service representative for personalized assistance, answers to questions and help resolving any account issues. The Customer Connect pilot is part of the company's expanding Community Connect program.

“Listening to our customers and addressing their feedback, we are excited to offer this new pilot which allows us to continue engaging with our customers while increasing accessibility to resources and account support," said Mike Roeder, President of CenterPoint Energy Indiana. “We remain committed to transparency and developing new ways to help customers based on their feedback. This new tool is yet another way to connect with customers and provides them with the ability to make a payment and talk through their account with a real person. It's a standing invitation to walk in, sit down and get the support they need."

What customers can do at Customer Connect
Customers can now pay in person at CenterPoint Energy Plaza, located at 211 NW Riverside Drive in Downtown Evansville, every Wednesday from 8:30 a.m. to 4:30 p.m. No appointment is needed.

CenterPoint customer service representatives are available to help customers with a full range of account needs, including:

  • Making a payment in person
  • Getting answers to billing-related questions
  • Managing Budget Bill enrollment, which will be known as Levelized Billing starting July 1
  • Setting up flexible payment options
  • Learning about additional resources to save energy and manage bills

The next Customer Connect will be held on Wednesday, May 13. Customers can pay by checking or savings account, credit card, debit card or Apple Pay. Cash is not accepted. CenterPoint will continuously evaluate this new pilot program for the next several weeks.

Building on Community Connect
Customer Connect is the newest addition to CenterPoint's Community Connect program, which has expanded from five events in fall 2025 to a year-round schedule of more than 30 community touchpoints planned for 2026. Community Connect events bring CenterPoint teams into neighborhoods, workplaces and community spaces across southwestern Indiana to connect with customers face-to-face. Customer Connect brings that same commitment to the Plaza on a weekly, recurring basis. CenterPoint is also the first Indiana utility to bring back regular walk-in service back to customers. Additional in-person offerings may be added based on customer interest and feedback from the pilot.
 
Ongoing commitment to affordability and customer experience
Customer Connect joins a series of actions CenterPoint has taken over the past six months to prioritize affordability and expand support for southwestern Indiana customers. In October 2025, CenterPoint launched its initial series of Community Affordability Actions, including a commitment to keeping electric rates stable through 2027 and the CenterPoint Energy Foundation's $5 million Community Energy Improvement Fund. Since then, the company has introduced additional bill management tools, expanded customer support programs and implemented additional protections such as annual late-fee waivers upon request, reduced reconnection fees and safeguards for medically vulnerable customers as part of the Indiana Electric rate case settlement.

For more information about Customer Connect, including hours of operation and the Community Connect event schedule, visit CenterPointEnergy.com/CommunityConnect.

Essentially all CenterPoint Energy customers who can receive power have been restored following overnight and early morning storms across the Greater Houston area

​As of 4:00 p.m., less than 500 CenterPoint customers are without power from overnight storms

CenterPoint has returned to normal operations and the Emergency Operations Center has been demobilized

HOUSTON – May 11, 2026 – As thunderstorms traveled across CenterPoint Energy's electric service territory in the early morning hours, approximately 97% of its 2.9 million customers across the Greater Houston area experienced no impacts to their electric service. Essentially all CenterPoint customers who can safely receive power have now been restored. Approximately 87,000 customers were impacted since a line of storms arrived about 1:00 a.m. and moved through the area.  As of 4:00 p.m. today, less than 500 customers are currently without power from the overnight storms. Crews continue actively working to restore those remaining impacted customers safely and as quickly as possible.

The company's electric business has returned to normal operations and the Emergency Operations Center has been demobilized.

​Scattered thunderstorms moved through parts of the Greater Houston area in the early morning hours, with the strongest activity taking place between 2 and 3 a.m. At the peak of this morning's storm activity around 2:30 a.m., about one percent of CenterPoint's customers were without service at any one time. The average restoration time per outage was approximately 35 minutes. 

“Our customers expect and deserve reliable power, and our teams worked around the clock through significant rainfall to safely restore service to customers who were impacted by significant weather," said Jason Fabre, CenterPoint's Vice President of Special Response and Incident Commander. “We appreciate the dedication of our outstanding frontline crews and contractors, as well as our customers' patience and understanding as we worked to restore power."

CenterPoint took the following actions ahead of Monday's significant weather:

  • Activated Emergency Operations Center: To coordinate storm response efforts, the company proactively activated its Emergency Operations Center on Friday and remained ready to respond.
  • Monitored weather 24/7: The Meteorology team continued to track forecast developments, and the company updated response plans as conditions evolved.
  • Pre-positioned resources: Response teams were pre-positioned in areas where storms were forecasted to impact and remained ready to respond to any electric or natural gas service interruptions safely and as quickly as possible.
  • Coordinated with local officials: The company provided updates to local officials and emergency management partners.

Important ways to stay connected to CenterPoint: Power Alert Service

Customers can enroll in the company's Power Alert Service® to receive outage details, estimated   restoration times and customer-specific restoration updates via phone call, email or text. Customers can also stay up to date with CenterPoint's Outage Tracker, which allows customers to see outages by county, city and zip code.

About CenterPoint Energy, Inc.  
As the only investor owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Minnesota, Ohio and Texas. As of March 31, 2026, the company owned approximately $47.8 billion in assets. With approximately 8,800 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

Centerpoint Energy’s expanded workforce remains prepared and ready to respond to potential severe weather across the Greater Houston area this evening and overnight

Emergency Operations Center remains activated ahead of tonight's forecasted storms

Frontline workers and contractors continue executing preparedness actions across the system and remain ready to support potential restoration efforts

HOUSTON – May 10, 2026 – CenterPoint Energy's Emergency Operations Center remains activated ahead of forecasted potentially severe weather across the Greater Houston area this evening and overnight into Monday morning. The company's expanded workforce of frontline employees and contractors stands prepared and ready to respond to any impacts to electric or natural gas service.

Thunderstorms are forecasted to impact parts of the Greater Houston area this evening and continue through the early morning hours of Monday. CenterPoint's Meteorology team continues to diligently monitor evolving forecasts and help optimize response plans throughout the weekend. Frontline workers and contractors will be responding overnight and restoring any outages that may occur.  

“Our crews have remained on alert all weekend and continue to be ready to safely restore service if outages from weather occur. This evening and overnight into Monday, our teams will be out there responding and focusing on restoring service to the customers and communities we're privileged to serve," said Jason Fabre, CenterPoint's Vice President of Special Response and Incident Commander. “We have been communicating all weekend and are committed to keeping our customers informed ahead of and during tonight's storms. We urge customers to register for Power Alert Service® so that if outages from weather do occur, they can receive restoration updates directly via phone, text and email."

Prepared for Severe Weather: Key Actions
As part of its storm preparedness efforts, CenterPoint is taking the following actions:

  • Readying the company's workforce and resources: Preparing personnel to support potential restoration efforts.
  • Activating Emergency Operations Center: To coordinate storm response efforts, the company has proactively activated its Emergency Operations Center. 
  • Monitoring severe weather 24/7: The Meteorology team continues to track weather forecast developments, and the company is updating response efforts as conditions evolve.
  • Coordinating with local officials: CenterPoint is reaching out to local officials and emergency management partners to provide updates on continued preparedness efforts.

What customers should do:

  • Sign up for Power Alert Service®: Get outage updates and restoration times.
  • Track outages: Bookmark our new Outage Tracker (available in English & Spanish and mobile-friendly) to see outage information in your area.
  • Stay safe: Visit Ready.gov for storm safety tips.
  • Follow us: Real-time updates will be available on X and at CenterPointEnergy.com/ActionCenter.

About CenterPoint Energy, Inc. 
As the only investor owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Minnesota, Ohio and Texas. As of March 31, 2026, the company owned approximately $47.8 billion in assets. With approximately 8,800 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.