Entergy Texas announced that David Borde has been named its new president and CEO, succeeding Eliecer Viamontes, who left the company.
Read all about it: The change was effective Oct. 5. Borde joined Entergy in 2009 and has served as the director of corporate development based in Texas, vice president of investor relations, and vice president of utility strategy and regulatory initiatives. His previous experience includes working in the investment banking division of Citigroup USA and as a lawyer at Simpson Thacher & Bartlett.
Entergy serves portions of Texas, including Montgomery County and a small part of Harris County, with headquarters in The Woodlands and Beaumont.
What they're saying: "David has extensive experience in utility strategy, regulatory affairs and utility finance, along with his deep understanding of our business and customers," Entergy Chair and CEO Drew Marsh said. "He is a thoughtful and proven leader, and he will build on the strong foundation in Texas while advancing our commitment to providing safe, reliable and affordable energy to the communities we serve."