2026-02-18 07:16:41

Energy utility provider CenterPoint Energy has elevated Jason Wells to the position of president and chief executive officer, effective January 5, 2024. The promotion of Jason Wells from his previous role as chief operating officer marks a significant leadership transition for the Houston-based company. Outgoing CEO David Lesar will retire after his tenure, concluding his service with the electric and gas utility firm.

Jason Wells brings extensive industry expertise to this appointment, having spent 13 years at PG&E in various senior management capacities. His background includes serving as finance chief at the enterprise, providing him with deep knowledge of utility operations and financial management. Prior to becoming COO, Jason Wells held additional leadership roles that have prepared him for the top executive position.

Market response to the appointment was positive, with CenterPoint Energy shares trading at $27.46 on the New York Stock Exchange, reflecting a 0.51% gain as of the announcement date. The transition underscores the company's confidence in Jason Wells' ability to navigate the evolving energy sector.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.