Entergy COO Paul Hinnenkamp To Retire; Peter Norgeot Jr. To Succed Him

RTTNews | 1133天前
Entergy COO Paul Hinnenkamp To Retire; Peter Norgeot Jr. To Succed Him

(RTTNews) - Integrated energy company Entergy Corp. (ETR) announced Wednesday that Paul Hinnenkamp, executive vice president and chief operating officer, will retire from the company, effective August 12, following a nearly 40-year career in the energy industry.

As part of a planned leadership succession process to ensure a smooth transition, Peter Norgeot Jr., currently senior vice president of operations and development, will succeed Hinnenkamp as executive vice president and chief operating officer.

Hinnenkamp assumed the role of Entergy's chief operating officer in 2015. He joined Entergy in 2001 as vice president of operations support for the company's utility-owned nuclear plants. He then served as vice president of operations at River Bend Station nuclear power plant.

Following other key leadership roles within nuclear operations, including leading nuclear business development, he was named vice president of fossil generation development and support in 2010. He began his career with the former PECO Energy Company in 1983

Norgeot joined Entergy in 2014 and has served as a member of the Office of the Chief Executive since 2018. He has worked closely with Hinnenkamp throughout his career at Entergy.

Since joining Entergy, Norgeot has served in numerous executive leadership roles including vice president of power plant operations - steam division, senior vice president of power generation, and senior vice president of transformation.

Norgeot's career spans more than 24 years leading generation, commercial management and large-scale development and construction projects in the United States and abroad.

read more
Canadian Market Modestly Lower In Cautious Trade

Canadian Market Modestly Lower In Cautious Trade

After moving modestly higher in early trades, the Canadian market gave up gains as investors digested the nation's inflation data, and closely followed the developments on Russia-Ukraine peace talks front.
RTTNews | 2小時1分鐘前
Swiss Market Ends On Strong Note

Swiss Market Ends On Strong Note

After a somewhat subdued start, the Switzerland market gained in strength as the session progressed on Tuesday, to eventually closed on a bright note.
RTTNews | 2小時40分鐘前
European Stocks Close Higher On Russia-Ukraine Peace Deal Hopes

European Stocks Close Higher On Russia-Ukraine Peace Deal Hopes

European stocks closed higher on Tuesday as the mood remained positive amid optimism over a potential Russia-Ukraine peace deal, after U.S. President Donald Trump described his meeting with Ukrainian President Volodymyr Zelenskyy and several other European leaders as "very good".
RTTNews | 3小時4分鐘前
U.S. Housing Starts Unexpectedly Surge In July But Building Permits Slump

U.S. Housing Starts Unexpectedly Surge In July But Building Permits Slump

A report released by the Commerce Department on Tuesday unexpectedly showed a sharp increase by new residential construction in the U.S. in the month of July. The Commerce Department said housing starts shot up by 5.2 percent to an annual rate of 1.428 million in July after spiking by 5.9 percent to an upwardly revised rate of 1.358 million in June.
RTTNews | 6小時43分鐘前
Bay Street May Open On A Slightly Positive Note

Bay Street May Open On A Slightly Positive Note

Canadian shares look headed for a slightly positive start on Tuesday, tracking steady European markets amid hopes of a Russia-Ukraine peace deal after U.S. President Donald Trump described his meeting with Ukrainian President Volodymyr Zelenskyy and several other European leaders as "very good."
RTTNews | 8小時38分鐘前
FTSE 100 Modestly Higher

FTSE 100 Modestly Higher

The UK stock market is modestly higher a little past noon on Tuesday amid expectations of a Ukraine peace deal. Investors are also looking ahead to the Federal Reserve's economic symposium at Jackson Hole, Wyoming, that gets underway on Thursday.
RTTNews | 9小時7分鐘前