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CenterPoint Energy appoints Dean Seavers as new Board member

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CenterPoint Energy (NYSE: CNP) has appointed Dean Seavers to its Board of Directors, effective December 31, 2024. Seavers, the former President of National Grid U.S. and Executive Director of National Grid's parent company, brings extensive utility industry experience to the role. He currently serves as a Senior Advisor for Stifel Financial and will fill a Board vacancy, standing for election at the 2025 annual shareholders meeting.

Seavers' background includes founding and serving as CEO of Red Hawk Fire & Security, leading GE Security, and serving as President of Global Services at UTC's Fire & Security business. He currently serves on the boards of Albemarle Corp., Ametek Inc., and Vine Hill Capital Investment Corp.

CenterPoint Energy (NYSE: CNP) ha nominato Dean Seavers nel suo Consiglio di Amministrazione, a partire dal 31 dicembre 2024. Seavers, l'ex Presidente di National Grid U.S. e Direttore Esecutivo della compagnia madre di National Grid, porta un'ampia esperienza nel settore dei servizi pubblici. Attualmente ricopre il ruolo di Senior Advisor per Stifel Financial e occuperà un seggio vacante nel Consiglio, presentandosi per l'elezione nella riunione annuale degli azionisti del 2025.

Il percorso professionale di Seavers include la fondazione e la direzione come CEO di Red Hawk Fire & Security, la leadership di GE Security e la carica di Presidente dei Servizi Globali presso il business di Fire & Security di UTC. Attualmente è membro dei consigli di amministrazione di Albemarle Corp., Ametek Inc. e Vine Hill Capital Investment Corp.

CenterPoint Energy (NYSE: CNP) ha nombrado a Dean Seavers en su Junta Directiva, con efecto a partir del 31 de diciembre de 2024. Seavers, el ex Presidente de National Grid U.S. y Director Ejecutivo de la empresa matriz de National Grid, aporta una amplia experiencia en la industria de servicios públicos al cargo. Actualmente, se desempeña como Asesor Senior para Stifel Financial y ocupará una vacante en la Junta, postulándose para la elección en la reunión anual de accionistas de 2025.

La trayectoria de Seavers incluye la fundación y el liderazgo como CEO de Red Hawk Fire & Security, la dirección de GE Security y el cargo de Presidente de Servicios Globales en el negocio de Fire & Security de UTC. Actualmente, forma parte de las juntas de Albemarle Corp., Ametek Inc. y Vine Hill Capital Investment Corp.

CenterPoint Energy (NYSE: CNP)Dean Seavers를 2024년 12월 31일부로 이사회의 일원으로 임명했습니다. Seavers는 National Grid U.S.의 전 사장이자 National Grid 모회사의 전무 이사로서, 유틸리티 산업에서 광범위한 경험을 가지고 있습니다. 그는 현재 Stifel Financial의 고위 자문 역할을 수행하고 있으며, 2025년 연례 주주 총회에서 선거에 나설 이사회 공석을 채울 것입니다.

Seavers는 Red Hawk Fire & Security의 CEO를 설립 및 재직한 경력과 GE Security의 이끌었던 경력, UTC의 Fire & Security 사업부의 글로벌 서비스 사장을 역임한 경력을 가지고 있습니다. 현재 그는 Albemarle Corp., Ametek Inc. 및 Vine Hill Capital Investment Corp.의 이사회에도 참여하고 있습니다.

CenterPoint Energy (NYSE: CNP) a nommé Dean Seavers au sein de son Conseil d'Administration, à compter du 31 décembre 2024. Seavers, ancien président de National Grid U.S. et directeur exécutif de la société mère de National Grid, apporte une vaste expérience dans le secteur des services publics à ce poste. Il est actuellement conseiller principal pour Stifel Financial et remplira un poste vacant au Conseil, se présentant aux élections lors de l'assemblée annuelle des actionnaires de 2025.

Le parcours de Seavers comprend la fondation et la direction de Red Hawk Fire & Security, la direction de GE Security et la présidence des Services Globaux dans le cadre de l'activité Fire & Security de UTC. Il siège actuellement au conseil d'administration d'Albemarle Corp., d'Ametek Inc. et de Vine Hill Capital Investment Corp.

CenterPoint Energy (NYSE: CNP) hat Dean Seavers in seinen Vorstand berufen, mit Wirkung zum 31. Dezember 2024. Seavers, der ehemalige Präsident von National Grid U.S. und geschäftsführender Direktor der Muttergesellschaft von National Grid, bringt umfassende Erfahrungen in der Versorgungsbranche in diese Rolle ein. Derzeit fungiert er als Senior Advisor für Stifel Financial und wird eine vakante Position im Vorstand übernehmen, für die er sich bei der Jahreshauptversammlung der Aktionäre 2025 zur Wahl stellen wird.

Seavers' beruflicher Werdegang umfasst die Gründung und die Rolle als CEO von Red Hawk Fire & Security, die Leitung von GE Security und die Position als Präsident der Global Services von UTCs Fire & Security-Geschäft. Aktuell sitzt er in den Vorständen von Albemarle Corp., Ametek Inc. und Vine Hill Capital Investment Corp.

Positive
  • Addition of board member with extensive utility industry leadership experience
  • Strategic appointment strengthening governance with expertise in safety and operational improvements
  • Board member brings proven track record in driving growth from previous executive roles
Negative
  • None.

HOUSTON, Dec. 16, 2024 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced the appointment of Dean Seavers, former President of National Grid U.S. and Executive Director of National Grid's parent company, to its Board of Directors, effective Dec. 31, 2024. Seavers brings a background of deep electric and gas utility experience to the Board as well as currently serving as a Senior Advisor for Stifel Financial. His appointment will fill a vacancy on the Board and he is expected to stand for election as a director at the company's annual meeting of shareholders in 2025.

"Dean's extensive leadership experience in the utility, safety and security industries and proven track record of driving growth and operational improvements make him a great fit for our Board of Directors," said Phillip R. Smith, Independent Chair of the Board. "We look forward to his contributions as we remain collectively focused on delivering value for our customers, shareholders, and other stakeholders while executing the company's long-term growth strategy."  

In addition to his experience with Stifel Financial and National Grid, Seavers also founded and served as Chief Executive Officer and President of Red Hawk Fire & Security, a provider of life safety and security solutions, and served as President of Global Services of the Fire & Security business of United Technologies Corporation (UTC), an aerospace and defense company. During his tenure as President and Chief Executive Officer of GE Security, Seavers led the sale of GE Security to UTC.

Regarding his appointment, Seavers said, "I'm honored to be joining the CenterPoint Board and am excited to work with my fellow directors to continue advancing safety and operational performance while helping bolster the company's governance. Additionally, I'm excited about the opportunity to work with Jason and the rest of the management team as they work to deliver on the company's long-term resilience and growth goals across multiple states."

Seavers currently serves on the board of directors of Albemarle Corp., Ametek Inc. and Vine Hill Capital Investment Corp. He received his bachelor's degree from Kent State University and his M.B.A. from Stanford 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 and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio, and Texas. As of September 30, 2024, the company owned approximately $43 billion in assets. With approximately 9,000 employees, CenterPoint Energy and its predecessor companies have been in business 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. 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 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) CenterPoint Energy's business strategies and strategic initiatives; (2) financial market conditions; (3) general economic conditions; (4) the timing and impact of future regulatory and legislative decisions; 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, 2023 and CenterPoint's Quarterly Report on Form 10-Q for the quarters ended March 31, 2024, June 30, 2024, and September 30, 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, Inc

FAQ

When will Dean Seavers join CenterPoint Energy's (CNP) Board of Directors?

Dean Seavers will join CenterPoint Energy's Board of Directors effective December 31, 2024.

What is Dean Seavers' background before joining CNP's Board?

Seavers was formerly President of National Grid U.S., Executive Director of National Grid's parent company, founder and CEO of Red Hawk Fire & Security, and held leadership positions at UTC and GE Security.

When will CNP shareholders vote on Dean Seavers' Board position?

Seavers is expected to stand for election as a director at CenterPoint Energy's annual meeting of shareholders in 2025.

What other board positions does CNP's new director Dean Seavers currently hold?

Dean Seavers currently serves on the boards of Albemarle Corp., Ametek Inc., and Vine Hill Capital Investment Corp.

CenterPoint Energy, Inc.

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