Leadership change Jason P. Wells was promoted to President & CEO (from President & COO) · DEF 14A filed Mar 2025

CenterPoint Energy, Inc. ·CNP

COO role added in 2025 to execute ten-year capital plan

Energy · Fortune #450 · Hybrid structure · 9K employees · Houston, Texas

View as of:
4
CEO span
↓ tighter than peers (avg 10)
2.2
Avg span
tight
3
Max depth
3 levels
3 yr
Avg tenure
stable vs FY2024
75%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$9.3B
Operating income
$2.1B
Net income
$1.1B
Total assets
$46.5B
Shares out
653M

Sourced from CenterPoint Energy, Inc. DEF 14A · filed 2026-03-04 ↗ View on SEC

Interactive org chart

CenterPoint Energy, Inc. organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

COO role added in 2025 to execute ten-year capital plan. This page maps CenterPoint Energy’s enterprise-led utility structure, detailing the CEO’s direct reports, key operational and financial leaders, recent leadership changes, and how the organization compares with regulated-utility peers.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal Kristie L. Colvin departed as Senior Vice President & Chief Accounting Officer

Retired from CAO role effective March 2, 2026; full retirement June 1, 2026.

Source · See change log

Scenario views in the chart

  • Add Chief AI & Analytics Officer Introduce a centralized AI and analytics leader to support grid optimization, outage response, and regulatory analytics.
  • COO Departure: Reabsorb Operations Remove the COO role and return direct operational oversight to the CEO during a leadership transition.

Atlas work this supports

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The people

Who's running this

5 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

internal

Jason P. Wells

Chair of the Board, President & Chief Executive Officer

Executive

2 yr

5 reports

Jesus Soto, Jr.

Executive Vice President & Chief Operating Officer

Operations

1 yr

0 reports

internal

Christopher A. Foster

Executive Vice President & Chief Financial Officer

Finance

3 yr

1 reports

internal

Monica Karuturi

Executive Vice President & General Counsel

Legal

4 yr

0 reports

internal

Jason M. Ryan

Executive Vice President, Regulatory Services & Government Affairs

Regulatory

5 yr

0 reports

The pay

Executive compensation

From the most recent DEF 14A Summary Compensation Table. 2 named executive officers disclosed. Bar length scales with total compensation.

Jason P. Wells $12.1M
Base salary
$1.23M
Stock awards
$7.63M
Non-equity incentive
$2.58M
Other
$657K
Fiscal year
FY2025
Christopher A. Foster $4.1M
Base salary
$752K
Stock awards
$2.20M
Non-equity incentive
$967K
Other
$157K
Fiscal year
FY2025

The businesses

How CenterPoint Energy, Inc. divides the work

4 divisions report into the group CEO. Tile size scales with estimated headcount.

Electric Utility Operations

4K employees

EVP & COO (Jesus Soto, Jr.)

Manages electric transmission, distribution, and grid resiliency across regulated territories.

Natural Gas Distribution

3K employees

EVP & COO (Jesus Soto, Jr.)

Oversees regulated natural gas distribution systems and infrastructure modernization.

Finance

500 employees

EVP & CFO (Christopher A. Foster)

Responsible for financial reporting, capital structure, and investor relations.

Legal & Regulatory Affairs

300 employees

EVP & General Counsel (Monica Karuturi)

Leads legal, compliance, and regulatory strategy across jurisdictions.

The thesis

Why this org is unusual

The most distinctive feature of CenterPoint Energy’s structure is the late addition of a formal Chief Operating Officer role in 2025 to drive execution of its unusually large ten-year regulated capital plan.

Prior to this, operational accountability sat more directly with the CEO, reflecting a leaner executive layer.

The current structure is a hybrid enterprise model typical of large regulated utilities: strong functional C-suite leaders (Finance, Legal, Regulatory) combined with a centralized operations leader overseeing electric and gas utilities. The COO now aggregates grid resiliency, safety, and capital execution functions that previously spanned multiple roles.

This design aligns with CenterPoint’s heavy regulatory exposure and capital intensity, prioritizing disciplined execution and regulatory coordination over divisional autonomy. Compared with peers, the CEO span remains moderate, but operational depth increased with the COO appointment.

  • COO role created in 2025
  • CEO also serves as Board Chair
  • Strong regulatory and legal emphasis

The comparison

How CenterPoint Energy, Inc. stacks up

Compared with other U.S. investor-owned utilities, CenterPoint Energy’s structure is more centralized and enterprise-led. Peers such as Duke Energy and Southern Company maintain multiple utility presidents with semi-autonomous P&L responsibility, while CenterPoint concentrates execution authority at the corporate …

C-suite size

Reporting depth

CenterPoint Energy, Inc.
3 levels
5 levels

Avg C-suite tenure

CenterPoint Energy, Inc.
3 yr

Has COO / Has CAIO

CenterPoint Energy, Inc. ✓ COO — no CAIO
Duke Energy ✓ COO — no CAIO
Southern Company — no COO — no CAIO
Dominion Energy ✓ COO — no CAIO
American Electric Power ✓ COO — no CAIO

Current signals

What changed recently

The most significant change was the creation of a COO role in 2025, strengthening operational execution for CenterPoint’s capital-intensive strategy.

  • departed
    Kristie L. Colvin Senior Vice President & Chief Accounting Officer

    Retired from CAO role effective March 2, 2026; full retirement June 1, 2026.

    Source
  • new
    Russell K. Wright Vice President & Chief Accounting Officer

    Appointed effective March 2, 2026 following retirement of Kristie Colvin.

    Source
  • new
    Jesus Soto, Jr. Executive Vice President & Chief Operating Officer

    Appointed COO effective August 11, 2025 to support execution of the ten-year capital plan.

    Source

Leadership Timeline

Year-over-year executive structure based on SEC proxy and annual filings.

FY2025
DEF 14A filed 2026-03-04
CEO
Jason P. Wells
CEO span
4
C-suite
5
Avg tenure
3 yr

First year reflecting a formal COO role to support the ten-year capital plan.

Named executive officers (5)
  • Jason P. Wells - Chair, President & CEO since 2024
  • Christopher A. Foster - EVP & CFO since 2022
  • Monica Karuturi - EVP & General Counsel since 2021
  • Jesus Soto, Jr. - EVP & COO since 2025
  • Jason M. Ryan - EVP, Regulatory Services since 2020
FY2024
DEF 14A filed 2025-03-05
CEO
Jason P. Wells
CEO span
4
C-suite
5
Avg tenure
3.2 yr

Transition year following CEO succession from Dave Lesar to Jason Wells.

Named executive officers (5)
  • Jason P. Wells - President & CEO since 2024
  • Christopher A. Foster - EVP & CFO since 2022
  • Monica Karuturi - EVP & General Counsel since 2021
  • Jason M. Ryan - EVP, Regulatory Services since 2020
  • Lynne Harkel-Rumford - EVP & CHRO since 2022
FY2023
DEF 14A filed 2024-03-06
CEO
Dave Lesar
CEO span
5
C-suite
6
Avg tenure
5.1 yr

Pre-succession structure with combined President/COO role under CEO Lesar.

Named executive officers (5)
  • Dave Lesar - CEO since 2020
  • Jason P. Wells - President & COO since 2023
  • Christopher A. Foster - EVP & CFO since 2022
  • Monica Karuturi - EVP & General Counsel since 2021
  • Jason M. Ryan - EVP, Regulatory Services since 2020

Year-over-year changes

FY2023 → FY2024

2024 marked the CEO succession from Dave Lesar to Jason Wells and a slimmer C-suite.

  • CEO span: 5 → 4
  • C-suite size: 6 → 5
  • Avg tenure: 5.1 → 3.2 yr
  • promoted Jason P. Wells - President & CEO (was President & COO) (DEF 14A filed Mar 2025)
FY2024 → FY2025

A standalone COO role was added to strengthen operational execution.

  • CEO span: 4 → 4
  • C-suite size: 5 → 5
  • Avg tenure: 3.2 → 3 yr
  • new Jesus Soto, Jr. - EVP & COO (DEF 14A filed Mar 2026)

The board

Board of directors

2 directors. 1 of 2 independent (50%). Source: most recent DEF 14A.

Jason P. Wells

Chair Inside

CEO, CenterPoint Energy

Director since 2024 · Age 48

Christopher H. Franklin

Lead Indep. Independent

CEO, Essential Utilities

Director since 2022 · Age 60

Also on: Essential Utilities

Frequently Asked Questions

Who is the CEO of CenterPoint Energy?

Jason P. Wells has served as President and Chief Executive Officer since January 2024 and became Board Chair in 2025.

What type of organizational structure does CenterPoint Energy use?

CenterPoint Energy uses a hybrid enterprise structure with centralized functional leadership and a strong corporate operations layer.

How many direct reports does CenterPoint Energy's CEO have?

The CEO has four direct executive reports: the CFO, COO, General Counsel, and EVP of Regulatory Services.

How has CenterPoint Energy's leadership changed recently?

The company added a Chief Operating Officer role in August 2025 and appointed a new Chief Accounting Officer in March 2026.

Does CenterPoint Energy have a COO?

Yes. Jesus Soto, Jr. was appointed Executive Vice President and Chief Operating Officer effective August 11, 2025.

Sources

  • 8-K Filing, Feb 23, 2026
  • Company Proxy Statement, Mar 2026
  • SEC EDGAR: CenterPoint Energy, Inc. DEF 14A Proxy Statement
  • SEC EDGAR: CenterPoint Energy, Inc. 10-K Annual Report

Reference

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Creately. (2026). CenterPoint Energy, Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/centerpoint-energy/
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Creately. "CenterPoint Energy, Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/centerpoint-energy/.
Original SEC source View on SEC ↗
CenterPoint Energy, Inc.. DEF 14A. Filed 2026-03-04. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1130310/000110465926023457/tm261341-3_def14a.htm

Permanent URL: https://creately.com/org-chart/fortune-500/centerpoint-energy/ · last updated 2026-04-01

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