Company Rated Top Electric Utility, Among Most Honored Companies by Magazine
New Orleans, La. – J. Wayne Leonard,
chairman and chief executive officer of Entergy Corporation, is the top CEO in
the power industry and a member of the “2010 All-America Executive Team,”
according to rankings compiled by Institutional Investor magazine.
Entergy also was listed as the top
electric utility in the country and among the top nine companies in the nation,
making it one of the “Most Honored Companies” included in the magazine’s survey
of more than 1,350 securities analysts representing more than 500 securities
firms and financial institutions.
Included on the “All-America
Executive Team” was Executive Vice President and Chief Financial Officer Leo
Denault, who was ranked as the best CFO in the power industry.
Leonard has ranked as one of the top
CEOs in the nation for seven consecutive years in the magazine’s survey. He is
the only CEO included among the top four electric utility CEOs in the rankings
every year since they began in 2004. He was named top CEO in the power industry
The ranking by Institutional Investor
follows Leonard being named a finalist in September 2009 for CEO of the Year in
the Global Energy Awards for a record ninth consecutive year on the strength of
his leadership and his advocacy of a robust federal policy to combat climate
change. He won that award in 2003.
It is the second straight year
Institutional Investor’s survey rated Denault as the best CFO in the electric
utility sector. Denault was rated the top CFO by sell-side analysts with major
brokerages, and he tied for first in the survey of buy-side analysts. He has
finished among the top five CFOs in the industry in each of the last five years.
In addition, analysts said Entergy’s
investor relations department was the best in the industry. It is the second
straight year the department has been among the top performers.
Entergy Corporation is an integrated
energy company engaged primarily in electric power production and retail
distribution operations. Entergy owns and operates power plants with
approximately 30,000 megawatts of electric generating capacity, and it is the
second-largest nuclear generator in the United States. Entergy delivers
electricity to 2.7 million utility customers in Arkansas, Louisiana, Mississippi
and Texas. Entergy has annual revenues of more than $10 billion and
approximately 14,700 employees.