Form 8-K ENTERGY TEXAS, INC. For: Oct 02
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
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Emerging growth company ☐
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On October 5, 2026, Entergy Texas, Inc. (the "Company") announced that effective October 5, 2026 (the “Effective Date”), David C. Borde, age 53, has been appointed as a director, Chairman of the Board, President and Chief Executive Officer of the Company. Mr. Borde succeeded Eliecer Viamontes, who advised the Company on October 2, 2026, of his intent to resign from his positions as a director, Chairman of the Board, President and Chief Executive Officer of the Company as of the Effective Date.
Mr. Borde currently serves as the Vice President, Utility Strategy and Regulatory Initiatives of Entergy Services, LLC (“ESL”), a role he has held since March 2021. Prior to his current role, Mr. Borde served ESL and other subsidiaries of Entergy Corporation (“Entergy”) in various positions of increasing responsibility, including, Vice President, Investor Relations of ESL, from March 2016 to March 2021; Director, Utility Finance Business Partner of ESL, from January 2014 to March 2016; and Director, Corporate Development of ESL, from 2009 to January 2014. Prior to joining Entergy, Mr. Borde worked as an investment banker and practiced law at a private firm based in New York.
As the Company’s Chairman of the Board, President and Chief Executive Officer, Mr. Borde will be paid an annual base salary of $450,000 (“Base Salary”). Mr. Borde will be eligible to receive an annual cash bonus under the Entergy annual incentive program targeted at 55% of his Base Salary and to receive awards of performance units, restricted stock and stock options under the 2019 Entergy Corporation Omnibus Incentive Plan or any successor plan. The grants and awards to be made under these programs will be determined in conjunction with Entergy’s normal annual compensation review process and at levels consistent with his seniority and scope of responsibility. Mr. Borde will participate in other compensation and benefit programs generally made available to other executives of Entergy and its subsidiaries from time to time.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Entergy Texas, Inc. | |||||
By: /s/ Daniel T. Falstad | |||||
Daniel T. Falstad Senior Vice President, General Counsel and Secretary | |||||
| Dated: October 5, 2026 | |||||
ATTACHMENTS / EXHIBITS
XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT
XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT
XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT
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