CenterPoint Energy reports 2021 annual shareholder meeting results

Rhea-AI Summary

CenterPoint Energy, Inc. (NYSE: CNP) held its 2021 annual meeting on April 23, where shareholders approved key proposals. These included the election of nine board members for one-year terms, the ratification of Deloitte & Touche LLP as the independent registered public accounting firm for 2021, and an advisory resolution regarding the compensation of named executive officers. CenterPoint Energy serves over 7 million customers across several states and owned approximately $33 billion in assets as of December 31, 2020.

Positive

• Re-election of nine board members ensures stability and experienced leadership.
• Ratification of Deloitte & Touche LLP reflects confidence in financial oversight.

Negative

• None.

HOUSTON, April 23, 2021 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) announced the results of the voting by shareholders at its 2021 annual meeting held today. Shareholders approved the following proposals:

• The election of Leslie D. Biddle, Milton Carroll, Wendy Montoya Cloonan, Earl M. Cummings, David J. Lesar, Martin H. Nesbitt, Theodore F. Pound, Phillip R. Smith and Barry T. Smitherman 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 registered public accounting firm for 2021; and
• An advisory resolution on the compensation paid to the company's named executive officers as disclosed in the proxy statement.

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 Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. As of December 31, 2020, the company owned approximately $33 billion in assets and also owned 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 9,500 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

For more information contact
Media:
Communications
Media.Relations@CenterPointEnergy.com   
Investors:
Phil Holder
Phone 713.207.6500

 

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SOURCE CenterPoint Energy, Inc.

FAQ

What were the outcomes of CenterPoint Energy's 2021 annual meeting?

At the 2021 annual meeting, shareholders approved the election of board members, the appointment of Deloitte & Touche LLP as the auditor, and an advisory resolution on executive compensation.

Who are the newly elected board members of CNP?

The newly elected board members include Leslie D. Biddle, Milton Carroll, Wendy Montoya Cloonan, Earl M. Cummings, David J. Lesar, Martin H. Nesbitt, Theodore F. Pound, Phillip R. Smith, and Barry T. Smitherman.

What is the significance of Deloitte & Touche's appointment for CNP?

Deloitte & Touche LLP's appointment as the independent public accounting firm ensures reliable financial reporting and oversight for CenterPoint Energy.

How many customers does CenterPoint Energy serve?

CenterPoint Energy serves over 7 million metered customers across multiple states.

What were CenterPoint Energy's assets as of December 31, 2020?

As of December 31, 2020, CenterPoint Energy owned approximately $33 billion in assets.