NEW ORLEANS, Dec. 8, 2003 — Entergy announced that Donald C. Hintz, a senior Entergy executive for the past 14 years, has announced his plans to retire in April 2004.
“Don has tried to retire a couple of times over the past few years,” noted Entergy Chief Executive Officer Wayne Leonard, “but we have been able to convince him to stay until we could complete key initiatives and assemble the right team to replace him.”
Following Hintz’s retirement, Gary Taylor, CEO of Entergy Nuclear, will report directly to Leonard and will maintain responsibility for all aspects of Entergy’s nuclear operations. Taylor’s 20 years of nuclear operating expertise will help substantiate Entergy’s leadership position in this business, as more than $100 million of productivity improvements are achieved over the next three years.
In addition, Entergy announced today that Mark T. Savoff, of San Jose, Calif., former vice president and corporate officer at GE Power Systems, Nuclear Energy, has been named Executive Vice President, Operations, effective immediately. Savoff will be responsible for the business operations of the fossil generation and transmission organizations, with a focus on driving profitability through customer service, high quality, and lower costs. After Hintz’ retirement, he will also report to Leonard.
Hintz joined Entergy in 1989 as executive vice president and chief operating officer of System Energy Resources, Inc. In 1992 he was named president and chief executive officer of Entergy Operations, Inc. His other Entergy roles have included president and chief executive officer of Entergy unregulated nuclear management and services company and positions on boards of directors of several other Entergy subsidiary companies. He is now on the boards of Entergy Koch and the Entergy Charitable Foundation.
Outside of Entergy, Hintz serves as chairman of the Nuclear Energy Institute board. He also serves as director of the board of the Institute of Nuclear Power Operations and was formerly on the Accrediting Board of the National Academy for Nuclear Training.
He is also a director of Electric Power Research, Inc., the American Nuclear Society, Southeastern Electric Exchange, and Nuclear Electric Insurance Limited. He received American Nuclear Society’s 1995 Utility Leadership Award, given to recognize those in the industry who have assumed and demonstrated a leadership role in rapidly changing time of competition, regulatory changes and cost effectiveness.
Savoff’s career at GE spanned 25 years and included numerous leadership positions. Prior to his promotion to vice president, Nuclear Energy, he was General Manager of GE’s global Nuclear Fuel business and led the turnaround of GE’s global Nuclear Services business. He also served as President, Reuter- Stokes, a wholly-owned GE subsidiary that supplies environmental and gas turbine monitoring equipment, components for radiation detectors, harsh environment sensors and sensors for monitoring nuclear power plant output.
A graduate of the University of Florida, Savoff holds a Bachelor of Science degree in Nuclear Engineering. He is currently on the board of directors of a silicon-valley start-up company, Construction Navigator, and is a member of the advisory counsel for the University of Florida School of Nuclear Engineering. He previously served as a member of the boards of the Nuclear Energy Institute, Reuter-Stokes, and Global Nuclear Fuel.
Entergy Corporation is an integrated energy company engaged primarily in electric power production, retail distribution operations, energy marketing and trading, and gas transportation. Entergy owns and operates power plants with about 30,000 megawatts of electric generating capacity, and it is the second-largest nuclear generator in the United States.
Entergy delivers electricity to 2.6 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Through Entergy-Koch, LP, it is also a leading provider of wholesale energy marketing and trading services, as well as an operator of natural gas pipeline and storage facilities. Entergy has annual revenues of over $8 billion and more than 15,000 employees.
Entergy’s online address is www.entergy.com .