HOUSTON, April 2, 2020 /PRNewswire/ -- CenterPoint Energy,
Inc. (NYSE: CNP) today announced that it has appointed current
Senior Vice President and Chief Accounting Officer Kristie L. Colvin as interim Executive Vice
President and Chief Financial Officer to succeed Xia Liu, who will be leaving the company to
pursue another career opportunity following a transition
period.
An over 30-year veteran of CenterPoint Energy and its
predecessor companies, Colvin has served as senior vice president
and chief accounting officer since September
2014. In this capacity, she is responsible for the company's
accounting function, internal and external financial reporting, and
internal controls.
Prior to her current role, Colvin was responsible for strategic
and financial planning, management reporting and performance
measurement. Her experience also includes roles in CenterPoint
Energy's Planning, Accounting and Regulatory departments. Colvin
received her bachelor's degree with honors in accounting and
finance from Houston Baptist University
and is a certified public accountant.
John W. Somerhalder II,
CenterPoint Energy's interim president and chief executive officer,
said, "I would like to thank Xia for her contributions and
dedication during her time with the company, including helping to
deliver strong fiscal 2019 results, working to realign the
company's portfolio to focus on its regulated businesses, and
continuing our track record of disciplined cost management. We are
pleased that Xia will be staying on for a brief period to ensure a
seamless transition. We wish her well in her future endeavors."
Somerhalder added, "We are confident that Kristie's deep
knowledge of CenterPoint Energy and experience will serve us well
in this interim role and contribute to the successful execution of
our strategy and our forward momentum."
The company said it expects to name its permanent Chief
Financial Officer following the appointment of its permanent CEO to
succeed Somerhalder.
About CenterPoint Energy, Inc.
Headquartered in Houston,
Texas, CenterPoint Energy, Inc. is an energy delivery
company with regulated utility businesses in eight states and a
competitive energy businesses footprint in nearly 40 states.
Through its electric transmission & distribution, power
generation and natural gas distribution businesses, the company
serves more than 7 million metered customers in Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. CenterPoint Energy's competitive energy
businesses include natural gas marketing and energy-related
services; energy efficiency, sustainability and infrastructure
modernization solutions; and construction and repair services for
pipeline systems, primarily natural gas. The company also owns 53.7
percent of the common units representing limited partner interests
in Enable Midstream Partners, LP, a publicly traded master limited
partnership that owns, operates and develops strategically located
natural gas and crude oil infrastructure assets. With approximately
14,000 employees and nearly $35
billion in assets, CenterPoint Energy and its predecessor
companies have been in business for more than 150 years. For more
information, visit CenterPointEnergy.com.
For more information contact
Media:
Alicia Dixon
Phone 713.207.5885
Investors:
David Mordy
Phone 713.207.6500
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SOURCE CenterPoint Energy, Inc.