succeeds Bill Mohl, who the company previously announced will become president
of Entergy’s wholesale commodities business.
New Orleans, La. –
Entergy Corporation (NYSE: ETR) announced today that Phillip R. May, Jr., 50,
has been named chairman of the board, president and chief executive officer of
Entergy Louisiana, LLC and Entergy Gulf States Louisiana, L.L.C. effective Feb.
1, 2013. May succeeds William Mohl, 53, who the company earlier announced will
assume the role of president of Entergy Wholesale Commodities in February 2013.
May is currently vice president of regulatory services for Entergy’s utility
“Phillip is a 26-year
Entergy employee and Louisiana native,” said Theo Bunting, Entergy’s group
president, utility operations. “His knowledge and experience make him the ideal
choice to head our largest Entergy utilities and deliver on their objectives of
providing outstanding customer service and strong financial results.”
May has served as vice
president of regulatory services since 2002, supporting regulatory activities –
including rate design and administration, regulatory accounting and strategy –
in all of Entergy’s five retail regulatory jurisdictions.
May joined Entergy in
1986 and has worked as a rates and regulatory affairs engineer and a financial
analyst and planner for Entergy’s Louisiana utility operations. During his
career at Entergy, he has also held key roles related to the negotiation of
long-term wholesale power contracts, as well as acquisition activities, both
domestic and international.
He has a bachelor’s
degree in electrical engineering from the University of Louisiana at Lafayette
and an MBA from the University of New Orleans. He also completed the mergers and
acquisitions program at the Wharton School in Philadelphia.
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, including more
than 10,000 megawatts of nuclear power, making it one of the nation’s leading
nuclear generators. Entergy delivers electricity to 2.8 million utility
customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual
revenues of more than $11 billion and approximately 15,000 employees.
Additional investor information can be accessed online at