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Entergy Announces Key Leadership Changes

Stock quotes in this article: ETR 

NEW ORLEANS, Jan. 31, 2012 /PRNewswire/ -- Entergy Corporation (NYSE: ETR) today announced that Gary Taylor, group president of utility operations will be retiring from the company May 31, 2012. Taylor will continue to lead utility operations with a transition period to his successor, who will be named at a later date.

In addition, Robert (Bob) Sloan, executive vice president and general counsel announced his decision to retire as general counsel. Replacing Sloan is Marcus Brown, who was elected Jan. 27 by the company's board of directors to the position of senior vice president and general counsel. Brown reports to Rod West, executive vice president, and chief administrative officer. Sloan has agreed to serve as special counsel during a period of transition.

"Gary and Bob have been very clear in their desire to finish certain business, retire in good health and have an opportunity to focus on their many other personal and professional interests –opportunities that aren't always available in the 7-day-workweek world of today's corporate leaders," said J. Wayne Leonard, Entergy's chairman and chief executive officer.

Beyond their significant contributions to our business, Gary and Bob are both well known for their unselfish mentoring of others and for living the values fundamental to our company's success. They serve as shining examples of how we do business and value people," said Leonard. "We thank them both for all they have done for our company and its stakeholders. They will be missed but we wish them the best as they move on to the next phase of their lives."

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