Entergy Corporation announced that its Board of Directors has elected J. Wayne Leonard to the position of Chairman and Chief Executive Officer effective August 1, 2006 following the retirement of Robert v.d. Luft, Entergy’s current non-executive chairman.
Leonard joined Entergy in 1998 as Chief Operating Officer after 25 years at Cinergy Corporation and its predecessor Public Service of Indiana. Under Leonard’s direction, Entergy formed a successful energy trading and gas pipeline venture-the subsidiaries of which were later sold to third parties in value-creating transactions.
Leonard’s achievements have been widely recognized. He was named CEO of the year by Platt’s Global Energy Awards in 2003, and was a finalist for the title in each year from 2001 through 2005.