Houston – July 23, 2020 – CenterPoint Energy today announced the promotions of three company executives:
Lynne Harkel-Rumford has been promoted to Senior Vice President and Chief Human Resources Officer. She joined CenterPoint Energy's Legal department in 1999, moved to the Human Resources department in 2014, and has served in a variety of leadership roles with increasing responsibility. Harkel-Rumford has extensive experience in compensation and benefits matters. In her new role, she will oversee several corporate functions, including Talent, Compensation and Benefits, Labor Relations, Learning and Organizational Development, Communications and Community Relations, Facilities Management and Corporate Security. Harkel-Rumford is a member of the Houston Bar Association and Texas Bar and serves on the board of Target Hunger in Houston.
Monica Karuturi has been promoted to Senior Vice President and General Counsel. Since joining CenterPoint Energy in 2014, she has led more than $20 billion in mergers and acquisitions and financing transactions. During her tenure with the company, Karuturi has served in various leadership roles, including counsel for corporate, finance and strategic transactions. In her new role, she will oversee Corporate, Finance, Governance, Securities and Commercial law, Litigation and Claims, Internal Audit, Enterprise Risk Management, Insurance and Ethics, Compliance and Privacy. Karuturi was appointed as a Commissioner of the Texas Access to Justice Commission by the Texas Supreme Court in June 2015. She is a member of the Houston Pro Bono Joint Initiative Planning Committee, on the Advisory Council of the Tahirih Justice Center, and a member of the Legal Services to the Poor in Civil Matters Committee of the Texas Bar Association. She also serves on the Board of the CenterPoint Energy Foundation.
Robert McRae has been promoted to Vice President and Treasurer. He joined CenterPoint Energy in 2011and has played an integral role in the Finance organization, including his leadership of the integration planning team that successfully managed the Finance and Accounting areas and activities for the CenterPoint Energy-Vectren transaction. In his new role, McRae will oversee financing and investing activities, cash management, bank relationships, benefit plan administration, compliance reporting and corporate credit risk functions. He will also be responsible for managing financial risk as it relates to treasury operations, including annual interest expense, debt, the company's commercial paper program and revolving credit facilities.