Business Context and Reporting Period
This Form 8-K Current Report was filed on March 25, 2026, by Entergy Texas, Inc. and its affiliated operating companies (collectively, the "Operating Company Registrants"), including Entergy Corporation. The filing discloses a planned leadership transition within the executive management team.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity metrics. This report focuses exclusively on personnel changes and compensation arrangements rather than financial performance.
Material Changes
The primary material change disclosed is the upcoming departure of Reginald T. Jackson, Senior Vice President and Chief Accounting Officer, who intends to retire on May 31, 2026. Concurrently, the company has appointed Patrick J. Stack to succeed him, effective June 1, 2026.
Guidance, Outlook, and Management Commentary
Management commentary is limited to the details of the leadership transition and the compensation package for the incoming officer. There is no financial guidance, outlook, or discussion of risks and contingencies in this specific filing.
- New Appointment: Patrick J. Stack (age 53) will serve as Senior Vice President and Chief Accounting Officer for Entergy Corporation and all Operating Company Registrants.
- Compensation: Mr. Stack's annual base salary is set at $356,000. He is eligible for an annual cash bonus targeted at 45% of his base salary and will receive equity awards (performance units, restricted stock, and stock options) under the 2019 Omnibus Incentive Plan.
- Background: Mr. Stack currently serves as Corporate Controller of Entergy Services, LLC, a role he has held since March 2022.
Investor Verification Checklist
- Verify the effective date of Reginald T. Jackson's retirement (May 31, 2026) and Patrick J. Stack's appointment (June 1, 2026).
- Confirm the total compensation structure for the new Chief Accounting Officer, including the $356,000 base salary and 45% bonus target.
- Review the 2019 Omnibus Incentive Plan terms to understand the potential equity award values for Mr. Stack.
- Check for any subsequent filings regarding the transition of accounting responsibilities between May and June 2026.