TXNM Energy Announces CFO Transition to Henry Monroy

Rhea-AI Summary

TXNM Energy (NYSE: TXNM) has appointed Henry Monroy as its new Senior Vice President and Chief Financial Officer, succeeding retiring CFO Lisa Eden after her 21-year tenure. Monroy, 46, brings over 20 years of company experience, having joined in 2003. He most recently served as Vice President of PNM Regulatory and previously held the position of Vice President and Corporate Controller from 2020 to 2023. A Certified Public Accountant in New Mexico, Monroy holds a bachelor's degree in accounting from New Mexico State University.

TXNM Energy, headquartered in Albuquerque, New Mexico, serves over 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM.

Positive

• Internal promotion demonstrates strong succession planning and organizational stability
• New CFO brings extensive company knowledge with 20+ years of experience at TXNM
• Smooth transition with retirement announced well in advance

Negative

• Loss of institutional knowledge with departure of 21-year veteran CFO

ALBUQUERQUE, N.M., May 20, 2025 /PRNewswire/ -- TXNM Energy (NYSE: TXNM) announces Henry Monroy as its new Senior Vice President and Chief Financial Officer. Monroy succeeds outgoing CFO Lisa Eden, who announced her retirement late last year after 21 years with the company.

Monroy, 46, joined the company in 2003 and has most recently served as Vice President of PNM Regulatory. He has an extensive background in accounting and finance, having previously served as the company's Vice President and Corporate Controller from 2020 until 2023, as well numerous leadership positions with the company's accounting, revenue and budget functions. 

Monroy graduated from New Mexico State University with a bachelor's degree in accounting and is a Certified Public Accountant in the State of New Mexico.

Background:
TXNM Energy (NYSE: TXNM), an energy holding company based in Albuquerque, New Mexico, delivers energy to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM. For more information, visit the company's website at www.TXNMEnergy.com.

Contacts:
Analysts	Media
Lisa Goodman	Corporate Communications
(505) 241-2160	(505) 241-2743

 

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Statements made in this news release for TXNM Energy, Inc. ("TXNM"), Public Service Company of New Mexico ("PNM"), or Texas-New Mexico Power Company ("TNMP") (collectively, the "Company") that relate to future events or expectations, projections, estimates, intentions, goals, targets, and strategies, including the unaudited financial results and earnings guidance, are made pursuant to the Private Securities Litigation Reform Act of 1995. Readers are cautioned that all forward-looking statements are based upon current expectations and estimates and apply only as of the date of this report. TXNM, PNM, and TNMP assume no obligation to update this information. Because actual results may differ materially from those expressed or implied by these forward-looking statements, TXNM, PNM, and TNMP caution readers not to place undue reliance on these statements. TXNM's, PNM's, and TNMP's business, financial condition, cash flow, and operating results are influenced by many factors, which are often beyond their control, that can cause actual results to differ from those expressed or implied by the forward-looking statements. For a discussion of risk factors and other important factors affecting forward-looking statements, please see the Company's Form 10-K, Form 10-Q filings and the information included in the Company's Forms 8-K with the Securities and Exchange Commission, which factors are specifically incorporated by reference herein.

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SOURCE TXNM Energy, Inc.

FAQ

Who is the new CFO of TXNM Energy in 2025?

Henry Monroy has been appointed as the new Senior Vice President and Chief Financial Officer of TXNM Energy in 2025.

What is Henry Monroy's background at TXNM Energy?

Henry Monroy joined TXNM in 2003 and most recently served as VP of PNM Regulatory. He previously held positions as VP and Corporate Controller (2020-2023) and has extensive experience in accounting, revenue, and budget functions.

Who did Henry Monroy replace as CFO of TXNM?

Henry Monroy replaced Lisa Eden, who retired after serving 21 years with TXNM Energy.

What are Henry Monroy's qualifications?

Henry Monroy is a Certified Public Accountant in New Mexico and holds a bachelor's degree in accounting from New Mexico State University.

How many customers does TXNM Energy serve?

TXNM Energy serves more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM.