Phillip May is president and CEO of Entergy Louisiana, an electric utility that serves more than one million customers in Louisiana. He is responsible for the company’s safe and reliable service, financial performance, customer service, regulatory and public affairs, resource planning, economic development programs and charitable contributions.
May is implementing the company’s long-term strategy to modernize its power generation fleet while helping meet Louisiana’s future energy needs. He led the successful effort to combine the Entergy Louisiana and Entergy Gulf States Louisiana operating companies to form a single, stronger utility that better serves Louisiana customers. In recent years, May has overseen the development and startup of the J. Wayne Leonard Power Station, Lake Charles Power Station and Nine Mile Unit 6, which was the first new power plant added to the Louisiana fleet in nearly 30 years.
Under his leadership, Entergy Louisiana saw the construction and commercial operation of roughly 3,000 megawatts of modern, efficient generation units as well as the addition of solar and renewable energy resources. Since 2004, the company has replaced approximately half of its older, less efficient generation capacity with cleaner more modern units.
Prior to assuming his current role in February 2013, May served as vice president of regulatory affairs for Entergy Louisiana, where he led the development of system-wide regulatory strategies and implemented programs to address cost recovery and regulatory lag. Since joining Entergy in 1986, he has also served as vice president of transition management and managing director of corporate strategic planning and analysis.
He serves on the Louisiana Board of Regents, the U.S. Chamber of Commerce; and GNO, Inc.
May has an MBA from the University of New Orleans and a bachelor’s degree in electrical engineering from the University of Southwestern Louisiana. He also completed the mergers and acquisitions program at the Wharton School of the University of Pennsylvania.
What is Phillip R. May, Jr.'s net worth?
The estimated net worth of Phillip R. May, Jr. is at least $1.29 million as of April 1st, 2022. Mr. May, Jr. owns 12,092 shares of Entergy stock worth more than $1,287,314 as of April 24th. This net worth estimate does not reflect any other assets that Mr. May, Jr. may own. Learn More about Phillip R. May, Jr.'s net worth.
How do I contact Phillip R. May, Jr.?
Has Phillip R. May, Jr. been buying or selling shares of Entergy?
Phillip R. May, Jr. has not been actively trading shares of Entergy over the course of the past ninety days. Most recently, Phillip R. May, Jr. sold 9,772 shares of the business's stock in a transaction on Friday, April 1st. The shares were sold at an average price of $120.00, for a transaction totalling $1,172,640.00. Following the completion of the sale, the insider now directly owns 12,092 shares of the company's stock, valued at $1,451,040. Learn More on Phillip R. May, Jr.'s trading history.
Who are Entergy's active insiders?
Entergy's insider roster includes Marcus Brown (EVP), Leo Denault (CEO), Haley Fisackerly (Insider), Kimberly Fontan (CAO), Alexis Herman (Director), Paul Hinnenkamp (COO), Laura Landreaux (Insider), Andrew Marsh (CFO), Phillip May, Jr. (Insider), Peter Norgeot, Jr. (SVP), and Deanna Rodriguez (Insider). Learn More on Entergy's active insiders.
Are insiders buying or selling shares of Entergy?
During the last year, insiders at the utilities provider sold shares 5 times. They sold a total of 63,917 shares worth more than $6,415,063.01. The most recent insider tranaction occured on March, 15th when EVP Marcus V Brown sold 8,500 shares worth more than $874,140.00. Insiders at Entergy own 0.5% of the company.
Learn More about insider trades at Entergy. Information on this page was last updated on 3/15/2024.
