Entergy 2012 Annual Report Download - page 9

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OUR STRENGTHS: CAPABILITY, DISCIPLINE AND INTEGRITY
While we recognize we have many transitions that present challenges and opportunities, Entergy enters
2013 with a proven business model, a culture of discipline and integrity, and an organization that has an
extraordinary breadth and depth of talent. These strengths were developed and enhanced over the past
14 years by our Chairman and CEO J. Wayne Leonard, who retired from Entergy on Jan. 31, 2013.
Wayne was a tremendous and inspiring leader, and a tireless champion of Entergy stakeholders. From
setting top-quartile shareholder return as an overarching financial goal, supporting a culture of diversity
and inclusion, and championing the rights of low-income customers, to taking an early position as a
vocal advocate for action on climate change, Wayne always stood up for what he believed was right. He
acted with passion and integrity on the behalf of Entergy stakeholders. For me personally, the lessons I
learned under Wayne’s mentorship will be with me always. For Entergy, Wayne’s legacy will inspire and
energize our organization for years to come.
We also gratefully acknowledge the service of EWC President Rick Smith, who retired in January 2013
after 13 years of service at Entergy. We thank Rick for his outstanding contributions to both our utility
and EWC businesses. John Herron announced his retirement in December 2012 as our chief nuclear
officer. Over his 12 years at Entergy, John always advanced the safe and efficient operations of our
nuclear fleet with a clear focus on operational excellence, a legacy that will serve Entergy stakeholders
well in the years to come.
We also want to recognize William Percy, who is retiring from Entergy’s board of directors after 13 years
of service. We appreciate the valuable contribution he has made to our company and wish him the best
in his future endeavors.
WHAT TO EXPECT
As we look to the future, our sense of purpose is clear. Entergy exists to operate a world-class energy
business that creates sustainable value for its owners, customers, employees and communities. In our
pursuit of sustainable value, we always push ourselves to do more. We make the difficult decisions when
they are the right decisions. That is how we operate at Entergy.
Our employees are extraordinary people. As they have demonstrated in the past, they have the
knowledge, skill and capability to create significant stakeholder value. They enjoy tackling tough
assignments and they relish the opportunity to overcome challenges. I have no doubt Entergy has
the ability to accomplish great things.
In the year ahead, we will give everything we can every day to create sustainable value for our
stakeholders. That is how we define success and that is what we expect to achieve.
Leo P. Denault
Chairman and Chief Executive Officer
Transitions | Entergy Corporation and Subsidiaries 2012
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