Entergy 2015 Annual Report Download - page 7

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7
Clear vision, clear progress.
2015 Integrated Report
We strengthened our leadership, refreshing our board of directors in 2015 and adding new members to
our executive team. We welcomed three new board members in anticipation of the retirement of two
valued members in 2016. By design, our board is diverse and balanced in terms of expertise and skills,
gender and tenure. We believe this helps ensure ideas are critically evaluated from multiple perspectives.
We also welcomed new members to our executive team. These seamless transitions are evidence of
the strong and deep leadership team at Entergy plus our willingness to gain outside expertise where
it is needed. At all levels of our organization, leaders are aligned to achieve our mission.
While much of our 2015 progress was focused on building a foundation for future growth, we also
delivered solid results for the year. Our 2015 operational earnings per share grew nearly 3 percent over
prior year. In 2015, our board of directors approved a 2.4 percent increase in our dividend, the first
increase in more than five years. Our objective is a steady, predictable trajectory in our dividend payout
going forward. Credit metrics remain strong across our operating companies. We focus on maintaining
investment-grade ratings, which helps ensure we have access to the capital we need to invest in our
business. Unfortunately, the progress we made in 2015 did not translate into returns for our shareholders.
Our total shareholder return was -18.2 percent, which ranked in the fourth quartile of our peer group.
However, following progress we made late in 2015, our total shareholder return improved to the top
quartile for fourth quarter, which validates the momentum we see moving into 2016.
A more complete list of our 2015 accomplishments follows. Suffice it to say, it was a busy year. Not only
did our employees address the items on our to-do list, they also responded quickly and effectively to
numerous challenges that arose during the year. Their commitment to doing what’s right for our stakeholders
is inspiring. And of course, we are already tackling an equally aggressive to-do list for 2016. We expect
to build on the foundational accomplishments of 2015 with another year of clear progress. We are on a
journey to power life and create sustainable value for our customers, owners, employees and
communities. We have important work to do.
Leo P. Denault
Chairman of the Board and Chief Executive Officer
March 23, 2016
Letter to Stakeholders