CenterPoint adds director and sets dividend

CenterPoint Energy announced that its shareholders elected Michael A. “Casey” Herman to the company’s Board of Directors, effective April 16, 2026. The move is described as part of an ongoing refreshment process for the board of the Houston‑based electric and natural gas delivery company.

Herman brings decades of experience in audit, governance, finance strategy and strategic planning for the electric and gas utility industries. CenterPoint highlighted his background serving numerous investor‑owned utilities and his work on long‑term financing strategies for Fortune 500 companies.

Herman is a former senior partner at PricewaterhouseCoopers, where he led the U.S. Utility & Power Sector and Sustainability practices for about nine years. In that role, he oversaw complex audits and provided strategic advisory services to large utility and energy companies.

He has also served as a C‑suite advisor and as a member of several utility‑related boards and advisory bodies, including Chair of the Electric Power Research Institute’s Advisory Committee and member of the Edison Electric Institute’s Wall Street Advisory Group. He is a licensed Certified Public Accountant in Illinois and Louisiana.

Beyond his advisory work, Herman sits on the board of Dragos, Inc., a cybersecurity provider for operational technology in the energy and industrial sectors, and on the board of Tulane University’s A.B. Freeman School of Business, where he earned a Bachelor of Science in Management.

CenterPoint framed Herman’s appointment as aligned with its growth‑focused strategy and a 10‑year, $65.5 billion capital investment plan. The company said this plan targets resilience, reliability and safety enhancements across its system to support long‑term growth for customers and communities in its service areas.

Herman said he is honored to join the board and aims to support CenterPoint’s goals of operating what it calls the most resilient coastal grid in the nation and the safest gas system in the country. He said he looks forward to leveraging his experience to help advance the company’s long‑term strategy.

CenterPoint is the only investor‑owned electric and gas utility based in Texas and serves approximately 7 million metered customers across Indiana, Minnesota, Ohio and Texas. As of December 31, 2025, it reported approximately $46.5 billion in assets and about 8,800 employees.

Also on April 16, 2026, CenterPoint Energy’s Board of Directors declared a regular quarterly cash dividend of $0.2300 per share on the issued and outstanding shares of common stock. The dividend is payable on June 11, 2026, to shareholders of record as of the close of business on May 21, 2026.

In a separate description of the company, CenterPoint said it serves approximately 7 million metered customers and, as of December 31, 2024, had approximately $44 billion in assets and around 8,300 employees. The company and its predecessor businesses have operated for more than 150 years.

Both the appointment of Herman and the dividend declaration were accompanied by standard cautionary statements that forward‑looking comments about strategic, growth and capital plans, resiliency initiatives and future financial performance are subject to risks and uncertainties outlined in CenterPoint’s filings with the U.S. Securities and Exchange Commission.