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People - FEBRUARY 20, 2020

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CenterPoint Energy’s CEO steps down, interim appointed

by Kali Persall

CenterPoint Energy, a Houston-based energy delivery company with regulated utility businesses in eight states, has appointed 40-year energy industry veteran John Somerhalder II as interim president and chief executive officer.

Somerhalder will succeed Scott Prochazka, who recently stepped down from the role, until a permanent CEO has been found. The company has formed a subcommittee of the board to support the selection process.

Somerhalder has worked as a director of CenterPoint Energy since 2016 and also serves as director and trustee on the boards of numerous non-profit organizations.

"The board has determined that now is the right time for a new leader with a fresh strategic perspective to lead the company though its next phase of growth and value creation,” said Milton Carroll, executive chairman at CenterPoint. “We are fortunate to have found in John an outstanding energy industry executive with vast utility experience and the skills to ensure that we

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