Entergy Texas, Inc. — Form 8-K Summary
Business context and reporting period
The filing reports a leadership change at Entergy Texas, Inc. The report date is October 2, 2026; the company announced the appointment on October 5, 2026, with the change effective that day.
Financial and operating information
This 8-K does not report revenue, profit, cash flow, margins, debt, liquidity, or other operating results. It provides compensation terms for the incoming chief executive.
Material changes
- David C. Borde was appointed director, Chairman of the Board, President, and Chief Executive Officer, succeeding Eliecer Viamontes, who advised the company on October 2 of his intent to resign from those roles effective October 5.
- Borde’s stated annual base salary is $450,000. He is eligible for an annual cash bonus targeted at 55% of base salary and for performance units, restricted stock, and stock options under Entergy’s incentive plan. Award levels are to be determined through Entergy’s regular annual compensation review.
- Borde has served as Vice President, Utility Strategy and Regulatory Initiatives at Entergy Services, LLC since March 2021 and previously held other roles at Entergy and its subsidiaries.
Guidance, risks, and unusual items
The filing provides no financial guidance, outlook, contingencies, or discussion of business risks. It describes a management succession and related compensation arrangements.
Important facts for investors to verify
- Confirm the effective date and completion of the leadership transition.
- Review subsequent disclosures for Borde’s actual incentive awards and any further compensation details.
- Consult the company’s periodic financial filings for operating results, liquidity, debt, and outlook, which are not covered here.