CenterPoint Energy Inc.
CenterPoint Energy Appoints Jesus Soto, Jr. as Chief Operating Officer
Summary
CenterPoint Energy, Inc. announced on July 21, 2025, the appointment of Jesus Soto, Jr. as Executive Vice President and Chief Operating Officer, effective August 11, 2025. Mr. Soto, with over 30 years of experience in the energy sector, will be responsible for overseeing key functions including Electric Operations, Gas Operations, Safety, Supply Chain, and Customer Care across the states served by CenterPoint. He will receive a base salary of $725,000 per year, participation in the Company's incentive plans, and a buyout equity award of $6 million. Additionally, the Company's Board approved an amendment to the Deferred Compensation Plan to allow senior vice president level or higher officers to defer compensation up to 90% of salary and/or short term incentive compensation.
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About CenterPoint Energy Inc.
CenterPoint Energy Inc. is a publicly traded utility company providing energy delivery and related services across several states in the United States. It primarily operates in the utilities sector, focusing on electric transmission and distribution, as well as natural gas distribution. CenterPoint Energy serves millions of customers, ensuring they receive reliable and affordable energy solutions. The company plays a vital role in maintaining and upgrading the fundamental infrastructure that supports electricity and gas delivery, essential for residential, commercial, and industrial clients. Headquartered in Houston, Texas, CenterPoint Energy is also involved in the transition to cleaner energy sources, contributing to initiatives in renewable energy and sustainability. Its strategic endeavors include modernizing grids and enhancing system resilience to meet growing energy demands. As a major player in the utility market, CenterPoint Energy offers critical energy services that support economic development and quality of life in the regions it serves.
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