CenterPoint Energy Strengthens Board of Directors with New Appointments

CenterPoint Energy, a leading energy delivery company based in Texas, has announced the appointment of two new members to its Board of Directors. Thaddeus J. Malik, Principal at S2T Solutions, LLC, and Ricky A. Raven, Senior Vice President and Deputy General Counsel at Allstate Insurance Company, have joined the board, effective September 28.

The decision to expand the Board of Directors reflects CenterPoint Energy’s commitment to enhancing corporate governance and broadening industry expertise. With these new additions, the board now consists of 11 directors, 10 of whom are independent, ensuring a diverse range of perspectives and skills.

Earl M. Cummings, Independent Chair of the Board, expressed his enthusiasm for the new appointments, stating, “Each of the new directors brings impressive and diverse experience in public companies, regulatory affairs, and risk management, as well as a proven track record of driving operational and strategic excellence. We look forward to their contributions as we collectively focus on delivering value for all our stakeholders.”

Thaddeus J. Malik, with his extensive experience advising Fortune 500 companies and knowledge of regulated industries, brings valuable insights to the board. He expressed his honor in joining the Board and his excitement to contribute to CenterPoint Energy’s continued success.

Ricky A. Raven, who currently serves as Senior Vice President and Deputy General Counsel at Allstate Insurance Company, emphasized the importance of strong customer and stakeholder relationships. As a CenterPoint Energy customer himself, Raven looks forward to leveraging his experience to support the company’s future growth.

CenterPoint Energy plays a vital role in delivering electricity and natural gas to millions of customers across six states. The company’s commitment to providing reliable and sustainable energy services has earned it admiration from customers and communities alike.

In addition to the new appointments, CenterPoint Energy’s Board of Directors is actively seeking an additional independent director candidate with significant financial or audit experience. This commitment to maintaining a diverse and skilled board further strengthens the company’s governance practices.

CenterPoint Energy’s long-standing presence in the energy sector, combined with its focus on operational excellence and strategic growth, positions the company for continued success. With the expertise and guidance of its expanded Board of Directors, CenterPoint Energy is well-equipped to navigate the evolving energy landscape and deliver value to its stakeholders.

For more information about CenterPoint Energy and its operations, please visit CenterPointEnergy.com.