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ENTERGY
J. Wayne Leonard
Chief Executive Officer
Entergy Corporation
J. Wayne Leonard is chief executive officer of Entergy Corporation, a global
energy company with power production, distribution operations and related
diversified services. Entergy is the third-largest U.S. generator of electric
power, and its utilities serve 2.5 million customers in four states. Mr. Leonard
joined Entergy in April 1998 as president and chief operating officer of
domestic business units. He assumed responsibility for Entergy's international
operations in August 1998 and became chief executive officer in 1999.
Since Mr. Leonard became CEO, Entergy has focused its strategy on the company's
core competencies in power development and nuclear generation, along with
renewed attention to the core utility business. The strategy has led to
improvement in the company's financial and operational performance. Under Mr.
Leonard, Entergy has focused on improving customer service and reliability in
its utility operations, building stronger relationships with regulators, and
managing a successful transition to competition. The results of improved service
to customers were seen in 1999, as complaints to regulators declined by 33
percent and Entergy ranked first among U.S. electric utilities in year-over-year
improvement in customer satisfaction. Prior to joining Entergy, Mr. Leonard was
president of the Energy Commodities Strategic Business Unit at Cinergy Corp. and
of Cinergy Capital and Trading. He was responsible for all power plants and
support operations; fuel procurement; environmental management; national
commodity electric trading, origination and marketing; risk management and
capital services.
Mr. Leonard began his career at PSI Energy, serving as the company's senior vice
president and chief financial officer from 1989 to 1994. Upon the merger with
The Cincinnati Gas & Electric Company, which created Cinergy in 1994, Mr.
Leonard was named group vice president and chief financial officer, in which
capacity he served until 1996.
Mr. Leonard earned his bachelor's degree in accounting in 1973 from Ball State
University and his master's degree in business administration in 1987 from
Indiana University. He is a member of the American Institute of Certified Public
Accountants. He serves on the Boards of Directors for the New Orleans YMCA, the
New Orleans Museum of Art, the New Orleans United Way, and the Edison Electric
Institute. He is also a member of the Tulane University President's Council, the
Committee for a Better New Orleans, the Business Council of New Orleans, and the
Bus iness Roundtable.
In August 1999, Mr. Leonard was asked by President Clinton to lead a new
Mississippi River Delta business-to-business mentoring effort called
BusinessLINC.
