Entergy officers announce retirement

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Published: November 10,2009

Tags: utility

JACKSON — Three Entergy Corporation 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, CEO and chief nuclear officer of Entergy Nuclear; John McGaha, senior vice president of Entergy Operations; and Bud Storey, vice president and deputy general counsel.

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 CEO designate of EquaGen LLC, 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 Feb. 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 COO of Entergy Nuclear South and president of Entergy Nuclear South. McGaha was named COO designate for Enexus Energy, Inc. in Dec. 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.

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