Entergy Announces Retirement of Officers

NEW ORLEANS, Nov. 9 /PRNewswire-FirstCall/ -- Three Entergy Corporation (NYSE: ETR) officers have announced their retirement after distinguished careers spanning 30 to more than 40 years each.

Scheduled to retire later this month are Mike Kansler, president, chief executive officer and chief nuclear officer of Entergy Nuclear; John McGaha, senior vice president of Entergy Operations; and Bud Storey, vice president and deputy general counsel.

"Mike, John and Bud have all made invaluable contributions to the company throughout their many years of service," said Entergy Chairman and Chief Executive Officer J. Wayne Leonard. "All three have been outstanding leaders and will leave big shoes to fill at Entergy. They have planned for this day and helped to develop successors that are prepared and eager to continue the record of achievement set by their predecessors."

John Herron will assume Kansler's duties at Entergy and responsibility for Entergy's nuclear units located throughout New York, Massachusetts, Vermont, Michigan, Louisiana, Mississippi and Arkansas, as well as the company's management of the Cooper Nuclear Station in Nebraska. Herron will also take over Kansler's role as chief executive officer designate of EquaGen L.L.C., which will operate the six merchant nuclear units proposed to be spun off to Enexus Energy Corporation. Those units are located in New York, Massachusetts, Vermont and Michigan. EquaGen will also manage the Cooper Nuclear Station in Nebraska as part of the spin-off.

Herron currently serves as Entergy's senior vice president for nuclear operations. He previously served as chief operating officer of Entergy Nuclear Northeast overseeing the day-to-day operations of all Entergy's merchant nuclear units. Herron joined Entergy in February 2001 as vice president, operations at Waterford 3 Nuclear Station in Killona, La. He then moved to New York as the senior vice president of Indian Point Energy Center in February 2002. Herron's replacement will be named at a later date.

John McGaha will be retiring as executive vice president and chief operating officer of Entergy Nuclear South and president of Entergy Nuclear South. McGaha was named chief operating officer designate for Enexus Energy, Inc. in December 2007 and he has led the Project Management Office directing activities related to the spin-off of the non-utility nuclear business since that time. He plans to continue in the COO role at Enexus after his retirement from Entergy once the company completes the spin-off of the non-utility nuclear business.

McGaha joined Entergy in 1978 and held numerous roles from general manager of plant operations at Waterford 3 to vice president of the River Bend nuclear unit, both located in Louisiana.

Bud Storey, senior vice president and deputy general counsel, will retire after 15 years at Entergy. He oversaw Entergy attorneys in the Commercial General group located in Beaumont, Jackson and Little Rock. During his time at Entergy, Storey has played a lead role in matters as central as the Entergy New Orleans bankruptcy after Hurricane Katrina and a broad swath of commercial litigation crucial to the company's overall operations and successes.

Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, and it is the second-largest nuclear generator in the United States. Entergy delivers electricity to 2.7 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of more than $13 billion and approximately 14,700 employees.

Entergy's online address is www.entergy.com.