Entergy Executive Vice President and General Counsel Marcus Brown announces plans to retire in 2026

Rhea-AI Summary

Entergy (NYSE:ETR) announced that Executive Vice President and General Counsel Marcus Brown will retire in Spring 2026. Brown will transition to Executive Legal Advisor to CEO Drew Marsh beginning Dec. 1, 2025. Dan Falstad, currently vice president, deputy general counsel and corporate secretary, will become senior vice president and general counsel and will oversee the legal department plus ethics and compliance, reporting to the CEO. John Hudson will report directly to the CEO and take on the chief security officer team.

The release highlights Brown's nearly four-decade legal career, his leadership on pro bono initiatives and Entergy's $20 million, 10-year Power of Prosperity commitment to support HBCU students.

Positive

• Succession set: Dan Falstad named senior vice president and general counsel, reporting to CEO
• Compliance consolidation: Ethics and compliance organization to report to Falstad
• Security oversight: John Hudson to assume the chief security officer team and report to CEO
• Philanthropy: Power of Prosperity is a 10-year, $20 million commitment to HBCU students
• Advisory overlap: Marcus Brown to serve as Executive Legal Advisor starting Dec. 1, 2025

Negative

• Leadership change: Marcus Brown to retire in Spring 2026 after nearly four decades in the legal profession

Dan Falstad and John Hudson take on expanded leadership roles

NEW ORLEANS, Nov. 6, 2025 /PRNewswire/ -- Entergy announced today that Marcus Brown, executive vice president and general counsel, will retire in Spring 2026 following a distinguished legal career spanning nearly four decades. Beginning, Dec. 1, Brown will assume the role of Executive Legal Advisor to Entergy's Chair and CEO Drew Marsh.

"As a visionary leader and strategic advisor, Marcus has made broad and significant contributions to our business, our industry, the legal profession and perhaps most importantly, within the communities we serve," said Marsh. "He has been a confidant and trustworthy friend, and he has helped our business successfully capture the once in a lifetime growth opportunity that will benefit our customers, communities and all stakeholders for generations to come."

Brown's responsibilities will be assumed by two senior executives who will report directly to the CEO. Dan Falstad, currently vice president, deputy general counsel and corporate secretary, will assume the general counsel responsibilities, previously overseen by Brown, as senior vice president and general counsel and will report to Marsh. In addition to the legal department, the ethics and compliance organization will report to Falstad.

John Hudson, senior vice president, chief external affairs officer and president of the Entergy Charitable Foundation, who previously reported to Brown, will now report directly to Marsh. In addition, Hudson will assume the chief security officer team previously overseen by Brown.

Before being named executive vice president in 2013, Brown served as senior vice president and general counsel. Throughout his career, he has led a number of significant corporate and community initiatives, most recently serving as the chair of the 2025 New Orleans Super Bowl LIX Host Committee. Under his leadership, Entergy's legal department established itself as a corporate standard-bearer for its commitment to pro bono legal assistance work — helping to provide access to justice to underserved communities across the Entergy service territory. Significantly, in 2018, Entergy became one of the first Fortune 500 companies to establish a full-time, in-house counsel dedicated to pro bono work.

Among his other accomplishments, the United Way of Southeast Louisiana honored Brown with its 2021 Alexis de Tocqueville Society Award for his career of community service and commitment to eradicating poverty. The Financial Times named Brown one of the top in-house general counsels globally in 2020. Additionally, the Louisiana Bar Foundation presented Brown with its 2019 Distinguished Attorney Award, and the New Orleans Bar Association presented him with its Presidents' Award in 2018.

Brown also spearheaded Entergy's Power of Prosperity program, which is a 10-year, $20 million commitment to support students at Historically Black Colleges and Universities. He serves on the board of directors for Tulane University and Energy Insurance Mutual.

Falstad, who currently serves as vice president, deputy general counsel and corporate secretary, joined Entergy in 2009. His primary practice focus has been on securities law, corporate governance, and mergers and acquisitions. As leader of the legal department, he has also provided direct oversight for the company's pro bono practice.

"For the last 15 years, Dan has been involved in every significant business transaction we've executed for the benefit of our customers. His experience both inside and outside our company, as well as his deep knowledge of securities law and corporate governance best practices, will ensure continuity in leadership for our legal practice and interaction with our board, and I'm excited to welcome him as a permanent member of my direct executive leadership team," said Marsh.

Prior to joining Entergy, Falstad had a wide-ranging corporate and securities law practice including corporate governance, securities compliance, capital markets transactions, mergers and acquisitions, and other complex corporate transactions. He practiced corporate and securities law with Troutman Pepper Locke, Kilpatrick Townsend & Stockton and DLA Piper in Atlanta.

Falstad received a bachelor's degree in economics from Duke University, and a juris doctorate from Yale Law School. He will continue as corporate secretary, serving as the company's liaison between the board of directors, management, and shareholders.

He currently serves as the president of the board of the New Orleans Ballet Theatre.

About Entergy

Entergy (NYSE: ETR) produces, transmits and distributes electricity to power life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We're investing for growth and improved reliability and resilience of our energy system while working to keep energy rates affordable for our customers. We're also investing in cleaner energy generation like modern natural gas, nuclear and renewable energy. A nationally recognized leader in sustainability and corporate citizenship, we deliver more than $100 million in economic benefits each year to the communities we serve through philanthropy, volunteerism and advocacy. Entergy is a Fortune 500 company headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. Learn more at entergy.com and connect with @Entergy on social media.

View original content to download multimedia:https://www.prnewswire.com/news-releases/entergy-executive-vice-president-and-general-counsel-marcus-brown-announces-plans-to-retire-in-2026-302607769.html

SOURCE Entergy Corporation

FAQ

When will Entergy (ETR) General Counsel Marcus Brown retire and what is the transition timeline?

Marcus Brown will retire in Spring 2026 and will begin serving as Executive Legal Advisor to the CEO on Dec. 1, 2025.

Who will be Entergy's (ETR) next general counsel and when does the change take effect?

Dan Falstad will assume the role of senior vice president and general counsel and will report directly to the CEO; the announcement accompanies Brown's retirement plan.

What organizational changes at Entergy (ETR) affect ethics, compliance, and security functions?

The ethics and compliance organization will report to the new general counsel, Dan Falstad, while John Hudson will assume the company's chief security officer team and report to the CEO.

Does Entergy (ETR) mention any major philanthropic or financial commitments tied to this leadership announcement?

Yes; the release highlights Entergy's Power of Prosperity program, a 10-year, $20 million commitment to support students at HBCUs.

How might Entergy's (ETR) board interactions change under the new general counsel?

Dan Falstad will continue as corporate secretary and serve as the company's liaison between the board, management, and shareholders while also serving as general counsel.