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CenterPoint Energy adds new Board Members, Manuel Miranda and Laurie Fitch

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CenterPoint Energy (NYSE: CNP) has elected two new members to its Board of Directors effective April 16, 2025. Manuel Miranda, a 40-year veteran of NextEra and Florida Power & Light, and Laurie Fitch, senior advisor at PJT Partners, join the board as part of its ongoing refreshment process.

Miranda brings extensive experience in utility operations and grid resilience, having led hurricane preparation and restoration efforts for 47 tropical storms. Fitch contributes significant expertise in global power sector investments and advisory services.

The appointments align with CenterPoint's utility-focused strategy, which includes divesting non-regulated businesses to invest in system resilience, reliability, and safety. The company aims to build the most resilient coastal grid in the country, supporting long-term growth potential for customers and communities.

CenterPoint Energy (NYSE: CNP) ha nominato due nuovi membri nel suo Consiglio di Amministrazione a partire dal 16 aprile 2025. Manuel Miranda, veterano con 40 anni di esperienza in NextEra e Florida Power & Light, e Laurie Fitch, consulente senior presso PJT Partners, entrano a far parte del consiglio come parte del processo di rinnovo continuo.

Miranda apporta una vasta esperienza nelle operazioni di servizi pubblici e nella resilienza della rete, avendo guidato le attività di preparazione e ripristino in seguito a 47 tempeste tropicali. Fitch offre una significativa competenza negli investimenti globali nel settore energetico e nei servizi di consulenza.

Le nomine sono in linea con la strategia di CenterPoint focalizzata sui servizi pubblici, che prevede la dismissione delle attività non regolamentate per investire nella resilienza, affidabilità e sicurezza del sistema. L'azienda punta a costruire la rete costiera più resiliente del paese, sostenendo il potenziale di crescita a lungo termine per clienti e comunità.

CenterPoint Energy (NYSE: CNP) ha elegido a dos nuevos miembros para su Junta Directiva con efecto a partir del 16 de abril de 2025. Manuel Miranda, veterano con 40 años en NextEra y Florida Power & Light, y Laurie Fitch, asesora senior en PJT Partners, se incorporan a la junta como parte del proceso continuo de renovación.

Miranda aporta una amplia experiencia en operaciones de servicios públicos y resiliencia de redes, habiendo liderado los esfuerzos de preparación y restauración tras 47 tormentas tropicales. Fitch contribuye con una importante experiencia en inversiones globales en el sector energético y servicios de asesoría.

Los nombramientos están alineados con la estrategia de CenterPoint centrada en servicios públicos, que incluye la venta de negocios no regulados para invertir en la resiliencia, fiabilidad y seguridad del sistema. La compañía busca construir la red costera más resiliente del país, apoyando el potencial de crecimiento a largo plazo para clientes y comunidades.

CenterPoint Energy (NYSE: CNP)는 2025년 4월 16일부로 이사회에 두 명의 신임 이사를 선임했습니다. Manuel Miranda는 NextEra와 Florida Power & Light에서 40년 경력을 보유한 베테랑이며, Laurie Fitch는 PJT Partners의 수석 고문으로 이사회에 합류하여 지속적인 이사회 갱신 과정에 참여합니다.

Miranda는 47건의 열대성 폭풍에 대비하고 복구 작업을 이끈 경험을 바탕으로 유틸리티 운영 및 전력망 회복력 분야에서 폭넓은 전문성을 제공합니다. Fitch는 글로벌 전력 부문 투자 및 자문 서비스에 대한 풍부한 전문 지식을 기여합니다.

이번 임명은 비규제 사업을 매각하고 시스템 회복력, 신뢰성 및 안전성에 투자하는 CenterPoint의 유틸리티 중심 전략과 일치합니다. 회사는 고객과 지역사회의 장기 성장 가능성을 지원하기 위해 미국에서 가장 회복력 있는 해안 전력망을 구축하는 것을 목표로 하고 있습니다.

CenterPoint Energy (NYSE : CNP) a nommé deux nouveaux membres à son conseil d'administration, effectifs à partir du 16 avril 2025. Manuel Miranda, vétéran de 40 ans chez NextEra et Florida Power & Light, et Laurie Fitch, conseillère principale chez PJT Partners, rejoignent le conseil dans le cadre de son processus de renouvellement continu.

Miranda apporte une vaste expérience dans les opérations de services publics et la résilience des réseaux, ayant dirigé les efforts de préparation et de restauration lors de 47 tempêtes tropicales. Fitch apporte une expertise significative dans les investissements mondiaux du secteur de l'énergie et les services de conseil.

Ces nominations s'inscrivent dans la stratégie axée sur les services publics de CenterPoint, qui comprend la cession des activités non réglementées afin d'investir dans la résilience, la fiabilité et la sécurité du système. L'entreprise vise à construire le réseau côtier le plus résilient du pays, soutenant le potentiel de croissance à long terme pour les clients et les communautés.

CenterPoint Energy (NYSE: CNP) hat mit Wirkung zum 16. April 2025 zwei neue Mitglieder in seinen Vorstand gewählt. Manuel Miranda, ein 40-jähriger Veteran von NextEra und Florida Power & Light, sowie Laurie Fitch, Senior Advisor bei PJT Partners, treten dem Vorstand im Rahmen des laufenden Erneuerungsprozesses bei.

Miranda bringt umfangreiche Erfahrung im Bereich Versorgungsbetriebe und Netzresilienz mit, da er die Vorbereitungen und Wiederherstellungsmaßnahmen bei 47 tropischen Stürmen geleitet hat. Fitch steuert bedeutende Expertise in globalen Investitionen im Energiesektor und Beratungsdienstleistungen bei.

Die Ernennungen stehen im Einklang mit CenterPoints versorgungsorientierter Strategie, die den Verkauf nicht regulierter Geschäfte vorsieht, um in Systemresilienz, Zuverlässigkeit und Sicherheit zu investieren. Das Unternehmen strebt an, das widerstandsfähigste Küstennetz des Landes aufzubauen und so langfristiges Wachstumspotenzial für Kunden und Gemeinschaften zu fördern.

Positive
  • Strategic board appointments bring specialized expertise in utility operations and financial strategy
  • Addition of Miranda's extensive hurricane resilience experience supports coastal grid development
  • Fitch's global power sector investment background strengthens financial oversight
Negative
  • None.
  • Election of new directors further advances CenterPoint's utility and customer-focused strategy
  • New Directors bring deep experience in utility industry, operational rigor, infrastructure resiliency, hurricane and emergency response, and financing strategy

HOUSTON, April 16, 2025 /PRNewswire/ -- As part of its on-going refreshment process of its Board of Directors, CenterPoint Energy (NYSE: CNP) today announced that its shareholders elected two new members to its Board. Manuel ("Manny") Miranda, a 40-year veteran of NextEra and Florida Power & Light and Laurie Fitch, senior advisor at PJT Partners, a global, advisory-focused investment bank, join CenterPoint's Board effective April 16, 2025.

Consistent with its utility-focused strategy, CenterPoint has been delivering on its objective of divesting non-regulated and non-core businesses to invest in resilience, reliability and safety of its system and to fuel the company's long-term growth potential, all for the benefit of its customers and communities. Today's announcement continues to demonstrate progress on that strategy and particularly on the company's vision to build the most resilient coastal grid in the country.

"We are witnessing the most transformational era in our industry in the last 80 years and our Board must reflect the experience needed to meet the opportunities and challenges that we will face in the next decade. Both Manny and Laurie are well-respected thought leaders in the energy industry. They both possess a wealth of experience, and they are a perfect fit for CenterPoint's Board," said Phillip R. Smith, CenterPoint Energy's Independent Board Chair, "Each of them brings decades of relevant experience and knowledge in the utility and infrastructure sectors, especially when it comes to system reliability, infrastructure growth, climate resilience, and long-term financing strategy. We could not be more pleased to have them join us at this time."

Regarding his appointment, Miranda said, "I am honored to be joining CenterPoint's Board and bringing my perspective to the table on the critical resiliency work the company is delivering for their customers along the Gulf Coast. As we all work together to support the company's goal of building and maintaining the most resilient coastal grid in the in the nation, I look forward to sharing my experience of helping harden grids and accelerating post-event restoration efforts in climate vulnerable states."

Regarding her appointment, Fitch said, "CenterPoint has one of the strongest growth outlooks in the industry and I'm grateful to be joining the company at such pivotal time. I look forward to working with the other directors as we continue to support management in addressing the resiliency and growth opportunities of the business."

About Manuel Miranda
A 40-year veteran of the utility industry, Manny played an integral role in driving growth and resiliency at Florida Power & Light. He led many of the efforts behind changing the company's and industry's approach to hurricane resiliency. He and his teams developed groundbreaking solutions that significantly improved the organization's ability to withstand the impact of hurricanes along the Gulf Coast, including embarking on a 20-year journey to harden the overall Florida grid. During his career, he led planning, preparation and restoration efforts for 47 tropical storms and hurricanes from Hurricane Andrew (1992) to Hurricane Ian (2022). Manny's expertise and contributions in the field have been recognized industrywide.

Manny holds a Bachelor of Science degree in mechanical engineering from the University of Miami and a Master of Business Administration from Nova Southeastern University (NSU). He previously served on the Board of Governors for NSU's H. Wayne Huizenga School of Business and Entrepreneurship. Additionally, he has previously served as president of both the Southeastern Electric Exchange and the Association of Edison Illuminating Companies boards.

About Laurie Fitch
Laurie Fitch is a career investor-turned-advisor with a focus on the global power sector. She is a senior advisor at PJT Partners, having previously served as a partner. Prior to joining PJT Partners, Ms. Fitch worked for Morgan Stanley, most recently as co-head of the Global Industrials Group in Europe. Prior to Morgan Stanley, Ms. Fitch spent most of her career as an analyst and portfolio manager at Artisan Partners and TIAA-CREF, where she was one of the largest investors in the global industrials, utility and infrastructure sectors. Laurie is a Non-Executive Director of Man Group plc and EDPR. She previously served as Non-Executive Director of EDP.

Laurie holds a Bachelor of Arts in Arabic and Middle Eastern Studies and a Master of Arts from Georgetown University's School of Foreign Service. She is also a trustee of The American University in Cairo.

About CenterPoint Energy, Inc. 
CenterPoint Energy, Inc. (NYSE: CNP) is a multi-state electric and natural gas delivery company serving approximately 7 million metered customers across Indiana, Minnesota, Ohio, and Texas. The company is headquartered in Houston and is the only Texas-domiciled investor-owned utility. As of December 31, 2024, the company had approximately $44 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been serving customers for more than 150 years. For more information, visit CenterPointEnergy.com.

Forward-Looking Statement
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" or other similar words are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding our strategic, growth and capital plans, longer-term resiliency plans, and future performance and financial results, 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 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 or the date that such statement is made, as applicable. 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) business strategies and strategic initiatives, restructurings, joint ventures, acquisitions or dispositions of assets or businesses involving CenterPoint Energy or its industry; (2) CenterPoint Energy's ability to fund and invest planned capital, and the timely recovery of its investments; (3) financial market and general economic conditions; (4) the timing and impact of future regulatory, legislative and political actions or developments; and (5) other factors, risks and uncertainties discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission. 

For more information, contact
Communications
Media.Relations@CenterPointEnergy.com

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SOURCE CenterPoint Energy

FAQ

What strategic goals do the new CNP board appointments support?

The appointments support CenterPoint's utility-focused strategy, specifically building the most resilient coastal grid and divesting non-regulated businesses to invest in system resilience, reliability, and safety.

What experience does Manuel Miranda bring to CenterPoint Energy's board?

Miranda brings 40 years of utility industry experience, including leading hurricane resilience efforts at Florida Power & Light and managing restoration for 47 tropical storms from 1992 to 2022.

How does Laurie Fitch's background benefit CNP's board?

Fitch brings extensive power sector investment expertise from roles at PJT Partners, Morgan Stanley, Artisan Partners, and TIAA-CREF, along with experience as a Non-Executive Director at major energy companies.

When do the new CNP board members begin their terms?

Both Manuel Miranda and Laurie Fitch begin their terms on CenterPoint Energy's board effective April 16, 2025.
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