Entergy Corp. said late last week that David Borde has been named the company’s new vice president for investor relations, effective March 1.
Borde replaces Paula Waters, who has been named vice president for utility sales and development services.
"David's financial background has given him a unique opportunity to experience business finance from a variety of perspectives," Executive Vice President and Chief Financial Officer Drew Marsh said. "David understands the broader financial picture, as well as the nuances that can affect the investment landscape. I am confident investors will find him a valuable resource in building a stronger understanding between us and our owners and the broader financial community."
Borde will be interacting with Wall Street analysts and investors, and will regularly prepare documents, including financial disclosures and other releases. Borde also will provide information for executive management to convey what analysts are reporting and their recommendations.
Waters' new role will consist of oversight of utility strategy, including forecasting and economic development, as well as sales-growth strategy and related services in these areas.
"Paula has been instrumental in helping us strengthen our relationships with the analyst community by working with investors to better understand our financial decisions," Group President of Utility Operations Theo Bunting said.
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