CenterPoint Energy Welcomes Dean Seavers to Board of Directors

Dean Seavers Joins CenterPoint Energy Board

CenterPoint Energy, Inc. (NYSE: CNP) has recently announced the appointment of Dean Seavers, a distinguished leader in the utility sector, to its Board of Directors. This new appointment marks a significant enhancement of the Board's capacity to deliver on its strategic initiatives and customer commitments.

Expertise in Utility Management

Seavers, who previously held the position of President of National Grid U.S. and served as Executive Director of National Grid's parent company, brings unparalleled expertise to the Board. He has also contributed as a Senior Advisor at Stifel Financial, further solidifying his reputation within the energy sector.

Proven Leadership Experience

With a rich background in electric and gas utilities, Seavers’ leadership roles have equipped him with insights that are valuable for CenterPoint Energy as it navigates complex industry landscapes. His appointment is expected to fill a crucial vacancy on the Board, and he is poised to stand for election at the company's upcoming annual shareholder meeting.

Forward-Thinking Approach

Phillip R. Smith, Independent Chair of the Board, expressed optimism regarding Seavers' appointment, noting that his extensive background in utility, safety, and security industries will significantly contribute to the company’s goals. Seavers' history of fostering growth and operational efficiency aligns closely with CenterPoint Energy's mission to enhance customer value and long-term business strategies.

Commitment to Operational Excellence

In response to his new position, Seavers shared his enthusiasm about joining the CenterPoint Board. He expressed eagerness to work collaboratively with other board members and the management team, focusing on advancing safety and operational performance. His vision aligns with CenterPoint Energy's commitment to resilience and growth across its service areas.

Diverse Industry Experience

Beyond his role at National Grid, Seavers has a history of founding and leading Red Hawk Fire & Security, a provider of life safety and security solutions. He has also served as President of Global Services at the Fire & Security unit of United Technologies Corporation, demonstrating a breadth of experience in operational leadership.

Board Engagement and Education

In addition to his responsibilities at CenterPoint Energy, Seavers is an active board member with several organizations including Albemarle Corp., Ametek Inc., and Vine Hill Capital Investment Corp. His educational credentials include a bachelor's degree from Kent State University and an M.B.A. from Stanford University, underscoring his strong foundation in business management.

About CenterPoint Energy

CenterPoint Energy, Inc. (NYSE: CNP) is recognized as the sole investor-owned electric and gas utility based in Texas. The company's extensive operations in electric transmission, power generation, and natural gas distribution serve over 7 million metered customers across a wide range of geographical areas. With around $43 billion in assets and a dedicated workforce of approximately 9,000 employees, CenterPoint Energy stands as a pillar of reliability and service in the energy delivery sector.

Through innovative strategies and sustained focus on operational excellence, CenterPoint Energy aims to uphold its strong legacy of service that spans over 150 years. The company remains committed to refining and enhancing its operations to foster an even brighter future for its stakeholders.

Frequently Asked Questions

Who is Dean Seavers?

Dean Seavers is the newly appointed Board member of CenterPoint Energy, known for his extensive experience in the utility sector.

What role does Seavers have in CenterPoint Energy?

Seavers is expected to contribute significantly to the Board with his leadership experience and insights into utility management.

Why is Seavers' appointment significant?

His background in safety and operational performance aligns with CenterPoint Energy’s long-term goals, making him a valuable addition to the Board.

What experience does Seavers bring to the Board?

Seavers has previously served in leadership roles at National Grid U.S. and founded Red Hawk Fire & Security, showcasing diverse industry experience.

How does CenterPoint Energy serve its customers?

CenterPoint Energy delivers reliable electric and gas services to over 7 million customers, focusing on operational excellence and innovation.

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