Saturday, October 13, 2012

Entergy CEO Leonard Recognized for Clear, Straightforward Communication

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Leonard is the only utility CEO to have been ranked among the top 25 for sevem consecutive years in the RittenhouseCEO Candor(SM) which analyzes annual CEO letterx and demonstrates a link betweeb the quality of the letter's contenft and a company's performance. Leonard is also one of only thred CEOs to make the top five in each of the lastthred surveys. The latest survey analyzed letters that appeared in 2007annualp reports, most of which were issuee in the first half of 2008. "Leonard isn't afraid to be He lays out numerous performance benchmarks and tellxs readers how theywere met.
And he was the only CEO in the 100-company survey to consider how corporate actions would affect poorand middle-class consumers, " said L.J. Rittenhouse , presidentg of the investor relations consulting The survey is an annual evaluation of candor in the lette r to shareholders in annual reports of 100 companiesz across a diverse group of industries andcapitalization levels. The lettersd are judged on theif clarity and depth basedc on a broad cross section ofindicex -- from strategy to cash on hand to Rittenhouse Rankings uses those measurexs as a proxy for the overall viability and healtbh of the company.
"Straightforward communicationsz should be a big part of the job ofany CEO, and it's not just for shareholders," Leonard said. "Words mean different things to different You never getit perfect; we at Entergy always make the extrqa effort to assure we communicate the complete, unvarnished storyt to all of our stakeholderws - whether it's in Washington, or Silver City, - no matter how uncomfortable it may be. It is the only way to run a particularly a public company affectexd with thepublic interest. "For our it's a two-way street. We insisty on a culture where only the trutyhwill do. In return, they can expect theif company to live by the same values we expectfrom them," Leonard said.
Entergy Corporation is an integrated energy company engaged primarilt in electric power production and retail distribution Entergy owns and operates power planta withapproximately 30,000 megawatts of electric generatin capacity, and it is the second-largestr nuclear generator in the United States. Entergy delivers electricity to 2.7 million utility customers in Louisiana, Mississippi and Texas. Entergy has annual revenues of morethan $13 billioj and approximately 14,700 employees. Entergy'se Web site is entergy.
com

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