CenterPoint Energy (CNP) Appoints Dean Seavers to its Board

CenterPoint Energy, Inc. (NYSE: CNP) today announced the appointment of Dean Seavers, former President of National Grid U.S. and Executive Director of National Grid's parent company, to its Board of Directors, effective Dec. 31, 2024. Seavers brings a background of deep electric and gas utility experience to the Board as well as currently serving as a Senior Advisor for Stifel Financial. His appointment will fill a vacancy on the Board and he is expected to stand for election as a director at the company's annual meeting of shareholders in 2025.

"Dean's extensive leadership experience in the utility, safety and security industries and proven track record of driving growth and operational improvements make him a great fit for our Board of Directors," said Phillip R. Smith, Independent Chair of the Board. "We look forward to his contributions as we remain collectively focused on delivering value for our customers, shareholders, and other stakeholders while executing the company's long-term growth strategy."

In addition to his experience with Stifel Financial and National Grid, Seavers also founded and served as Chief Executive Officer and President of Red Hawk Fire & Security, a provider of life safety and security solutions, and served as President of Global Services of the Fire & Security business of United Technologies Corporation (UTC), an aerospace and defense company. During his tenure as President and Chief Executive Officer of GE Security, Seavers led the sale of GE Security to UTC.

Regarding his appointment, Seavers said, "I'm honored to be joining the CenterPoint Board and am excited to work with my fellow directors to continue advancing safety and operational performance while helping bolster the company's governance. Additionally, I'm excited about the opportunity to work with Jason and the rest of the management team as they work to deliver on the company's long-term resilience and growth goals across multiple states."

Seavers currently serves on the board of directors of Albemarle Corp., Ametek Inc. and Vine Hill Capital Investment Corp. He received his bachelor's degree from Kent State University and his M.B.A. from Stanford University.

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