Sign in

Andrew S. Marsh

Chairman of the Board and CEO at ENTERGY CORP /DE/
Board
Since November 1, 2022
Age
53 years
Tenure
Joined ETR as CEO on November 1, 2022 and later assumed the role of Chairman on February 1, 2023.

Also at ENTERGY CORP /DE/

KAF
Kimberly A. Fontan
EVP and CFO
MVB
Marcus V. Brown
EVP and General Counsel
PSNJ
Peter S. Norgeot, Jr.
EVP and COO

About

Andrew S. Marsh is at the helm of Entergy Corporation, holding both the Chief Executive Officer and Chairman of the Board roles. His leadership is reflected in his active participation in key financial filings, including the Annual Report on Form 10-K and various Quarterly Reports, which underscore his commitment to strong corporate governance and accountability.

Throughout his tenure, he has overseen significant operational and strategic initiatives that align the company's performance with its long-term goals. This is evidenced by the detailed compensatory structures reported for 2023, illustrating the company’s focus on rewarding leadership excellence.

While the documents provide clear insights into his professional roles and the timing of his appointments, they do not include personal background details such as education or earlier career history. This focused profile highlights his contributions at Entergy Corporation and his impact on the company’s financial disclosures and overall strategic direction.

$ETR Performance Under Andrew S. Marsh

Past Roles

OrganizationRoleDate RangeDetails
Entergy CorporationExecutive Vice President and Chief Financial Officer2013 - 2022Ended with promotion to CEO in November 2022 and subsequent appointment as Chairman on February 1, 2023

External Roles

OrganizationRoleDate RangeDetails
Nuclear Electric Insurance Limited (NEIL)Director2020 - PresentCurrent external board role

Fixed Compensation

Data from  FY 2023
Component NameAmountPayment ScheduleAdditional Details
Salary$1,100,000AnnualBase salary for 2023, unchanged from 2022
Company Matching Contribution – Savings Plan$13,860N/AMatching contribution to his savings plan
Life Insurance Premiums$7,737N/APremiums paid for life insurance coverage

Performance Compensation

Data from  FY 2023

Annual Incentive Award

Metric (Unit)Value / Details
Base Salary$1,100,000
Target Opportunity120% of base salary ($1,320,000)
Actual Award Payout$1,821,600 (Payout at 138% of target)
Performance MetricEntergy Achievement Multiplier (EAM)
Financial Measure Weight60% (ETR Adjusted EPS)
Non-Financial Measures Weight40% (Diversity, Inclusion & Environmental Stewardship)
Payout ThresholdsMinimum: 25%; Target: 100%; Maximum: 200% (straight-line interpolation)
EAM Result157%
Vesting ScheduleRestricted Stock: 1/3 annually over 3 years; Stock Options: 1/3 annually over 3 years (10-year term)
Grant DateJanuary 26, 2023
Grant Date Fair ValueStock Awards: $5,159,370; Option Awards: $1,220,557
Grant Date Stock Price$108.47 per share

Long-Term Incentive Compensation

Metric (Unit)2023 Details
Performance MetricsRelative TSR (80% weight); Adjusted FFO/Debt Ratio (20% weight)
TSR Payout LevelsMinimum: Bottom 3rd Quartile (25%); Target: Median (100%); Maximum: Top Quartile (200%)
Adjusted FFO/Debt Ratio LevelsMinimum: 14.0% (25% payout); Target: 14.5%; Maximum: 15.5%
Evaluation PeriodThree-year period (2023–2025)
Vesting ConditionsPerformance units convert to Entergy common stock at period end; accrued dividends paid in stock
Grant DateJanuary 26, 2023
Grant Date Fair ValuePerformance Units: $3,899,382; Restricted Stock: $1,259,988; Stock Options: $1,220,557
Grant Date Stock Price$108.47 per share
Number of AwardsPerformance Units: 30,895; Restricted Stock: 11,616 shares; Stock Options: 60,815 options
Additional ConditionsStraight-line interpolation; capped at 200%; adjustments for credit rating changes (-10 to -20 basis points)