NEW ORLEANS — Entergy Corporation announced that Paul Hinnenkamp has been named senior vice president, chief operating officer for Entergy Corporation.
Hinnenkamp replaces Mark Savoff, who announced his retirement earlier this month. As a member of the Office of the Chief Executive, Hinnenkamp will report directly to Leo Denault, chairman and CEO. His appointment is effective Nov. 1.
In his role, Hinnenkamp is responsible for executive oversight of safety and human performance, fossil generation, transmission, system planning, capital projects management and compliance with North American Electric Reliability Corporation Critical Infrastructure Protection standards.
“At a time when we are deploying significant capital resources to replace aging generation and modernize our grid for enhanced reliability, Paul’s assignment as our chief operating officer will be to ensure that we do so in a manner that benefits our customers, employees, owners and communities,” said Denault.
“Paul’s experience in nuclear and fossil generation and, most recently, leading our capital projects management organization makes him ideally suited to ensure his organization of outstanding employees is supporting the utility’s growth strategy with safe and reliable operations and disciplined fiscal and project planning for our capital spending plans.”
Earlier this year, Entergy reported the need to add approximately $3.7 billion in new generation resources consisting of six new power plants by 2020 and 635 miles of new and upgraded transmission by 2022.
Hinnenkamp most recently served as senior vice president, capital project management and technology where he led the development of Ninemile 6, the first power plant built by Entergy utilities in Louisiana in 30 years. The unit was completed in December 2014, ahead of schedule and under budget.