You might also like
Evergy, Inc. is a public utility holding company that operates through its subsidiaries: Evergy Kansas Central, Evergy Metro, and Evergy Missouri West. The company provides electricity to approximately 1.7 million customers in Kansas and Missouri, engaging in the generation, transmission, distribution, and sale of electricity . Evergy's diverse generation portfolio includes emissions-free nuclear and wind resources, as well as dispatchable fossil generation, which helps meet peak customer demand and protect customers from inflationary bill shocks . The company also participates in limited non-regulated energy marketing activities, such as trading electricity and natural gas .
- Regulated Electric Operations - Provides integrated electric utility services, including the generation, transmission, distribution, and sale of electricity to customers in Kansas and Missouri.
- Non-Regulated Energy Marketing - Engages in trading electricity and natural gas, offering limited energy marketing activities beyond regulated operations.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
David A. Campbell ExecutiveBoard | Chairman, President, and Chief Executive Officer | Truman Library Institute (Board Member), Kansas City Area Development Council (Board Member), Electric Power Research Institute (Board Member), St. Mark’s School (Board Member), Nuclear Electric Insurance Limited (Board Member), Civic Council of Greater Kansas City (Member), Leadership Council of the Yale School of the Environment (Member) | CEO since 2021, previously CFO at Vistra Corp. and CEO of InfraREIT, Inc.; Rhodes Scholar with degrees from Yale, Harvard, and Oxford. | View Report → |
Charles A. Caisley Executive | Senior Vice President, Public Affairs and Chief Customer Officer | None | Joined Evergy in 2007; oversees public affairs and customer relations; previously VP of Marketing and Public Affairs. | |
Charles L. King Executive | Senior Vice President and Chief Technology Officer | None | CTO since 2013; no additional details available. | |
Geoffrey T. Ley Executive | Vice President, Corporate Planning and Treasurer | None | Reassumed role in October 2024; previously Acting CFO and VP of Financial Planning & Analysis. | |
Heather A. Humphrey Executive | Senior Vice President, General Counsel, and Corporate Secretary | None | General Counsel since 2010; extensive legal expertise. | |
Kirkland B. Andrews Executive | Executive Vice President and Chief Financial Officer | None | CFO since 2021, previously CFO at NRG Energy and Clearway Energy; extensive experience in financial leadership and investment banking. | |
Lesley L. Elwell Executive | Senior Vice President, Chief Human Resources Officer, and Chief Diversity Officer | None | Appointed in 2023, previously Chief People Officer at J.E. Dunn Construction and held HR leadership roles at Walmart and DIRECTV. | |
W. Bryan Buckler Executive | Executive Vice President and Chief Financial Officer | None | CFO since October 2024; previously CFO at OGE Energy and held finance leadership roles at Duke Energy. | |
Ann D. Murtlow Board | Director | Director at Wabash National Corporation (Chair of Nominating and Corporate Governance Committee), Former Director at First Internet Bancorp | Former CEO of Indianapolis Power & Light; extensive utility and governance experience. | |
C. John Wilder Board | Director | Executive Chairman of Bluescape Energy Partners, Advisory Board Member at McCombs School of Business (UT Austin) and A.B. Freeman School of Business (Tulane), Chairman of Texas Health Resources | Director since 2021; turnaround specialist with extensive experience in energy and utilities; founder of Bluescape Energy Partners. | |
Dean Newton Board | Director | President and CEO of Delta Dental of Kansas, Chair of Surency Life & Health Insurance Co., Board Member at Wichita and Greater Kansas City Chambers of Commerce, Kansas Chamber of Commerce, Kansas City Area Development Council, United Way of Greater Kansas City | Elected to the Board in 2024; extensive leadership experience in the insurance industry. | |
James Scarola Board | Director | Board Member at Wolf Creek (Evergy’s nuclear plant) | Director since 2022; extensive nuclear operations experience, including as Chief Nuclear Officer at Progress Energy. | |
Jon Rolph Board | Director | Vice Chairman of Greater Wichita Partnership, Director of INTRUST Bank, Chairman of Centralized Supply Chain Services, Chairman of Applebee’s Franchise Business Council, Vice Chairman of Kansas Board of Regents | CEO of Thrive Restaurant Group; extensive experience in the restaurant industry and civic leadership. | |
Mary L. Landrieu Board | Director | Senior Policy Advisor at Van Ness Feldman LLP, Advisory Board Member at Earnin Company, Director at Tyler Technologies | Former U.S. Senator for Louisiana; extensive experience in energy policy and disaster recovery. | |
Neal A. Sharma Board | Director | MRI Global (Board Member), Truman Library Institute (Board Member) | Elected to the Board in 2023; co-founder of Digital Evolution Group and President of Dentsu Shop. | |
Sandra A.J. Lawrence Board | Director | Trustee of Delaware by Macquarie fund complex, Director at Brixmor Property Group, Director at Sera Prognostics, Board Chair at Recology, Inc. | Director since 2004; former CFO of Children’s Mercy Hospital; extensive financial and governance expertise. | |
Sandra J. Price Board | Director | Board Member at USIC, CRB, and Greater Kansas City Community Foundation | Director since 2016; extensive HR and talent development expertise. |
- Given the significant increase in your 5-year capital expenditure plan to $16.2 billion, how do you plan to manage the required equity financing without diluting existing shareholders, and can you provide more details on your "flexible approach to equity financing"?
- With your EPS growth outlook heavily reliant on the ramp-up of large customers like Panasonic, Meta, and Google, what contingencies are in place if these customers delay or scale back their operations, and how might that impact your growth projections?
- Considering the capacity constraints and supply chain challenges mentioned, what specific steps are you taking to ensure timely procurement of equipment for your new generation projects, and are you willing to commit capital ahead of regulatory approvals to mitigate potential delays?
- You noted that a significant portion of your Integrated Resource Plan is not yet included in your capital plan, including future combined cycle gas turbines and combustion turbines; can you elaborate on the timing and likelihood of these projects being added, and how they would influence your earnings growth and capital requirements?
- As you plan more frequent rate case filings approximately every 18 months, how will you balance this with your commitment to affordability and rate competitiveness, especially given the substantial investments and potential rate increases for customers?
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Persimmon Creek Wind Farm | 2023 | The Persimmon Creek Wind Farm was acquired for $220.9 million, including incidental costs, and has a capacity of approximately 199 MW. The deal involved regulatory approvals including a CCN from the Missouri Public Service Commission, a subsequent assignment from Evergy Missouri West to Evergy Kansas Central, and a rate case inclusion with a fixed annual rate of $18.6 million over 20 years, aligning with the company’s integrated resource plan and affecting 2023 earnings minimally. |
Recent developments and announcements about EVRG.
Earnings
New Earnings (Q4 2024)
·Feb 27, 2025, 9:14 PMView full earnings summary →Evergy sees potential load growth jumping from 2–3% to 4–4.5% with 1.6GW of new deals, fueling an 8.5% annual rate base uptick through 2029. A $17.5B CapEx plan underpins this expansion, but watch for $2.8B in equity raises (up $600M) that could dilute current holders.