Vistra Announces Expansion of its Board of Directors with the Appointment of Rob Walters

Rhea-AI Summary

Vistra (NYSE: VST) announced the appointment of Rob Walters as a new independent director to its board, effective December 30, 2024. Walters will serve on the Sustainability and Risk Committee and Nominating and Governance Committee. His appointment expands the board to 11 members. According to Chairman Scott Helm, Walters brings valuable perspectives through his extensive power industry experience and regulatory expertise at federal and state levels, along with civic leadership experience.

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• Board expansion strengthens corporate governance with addition of industry expert
• Addition of regulatory expertise enhances company's positioning in dynamic energy sector

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• None.

IRVING, Texas, Dec. 30, 2024 /PRNewswire/ -- Vistra (NYSE: VST) today announced a new addition to its board of directors. Effective today, Rob Walters has been appointed as independent director and will serve on two board committees: Sustainability and Risk Committee and Nominating and Governance Committee. His appointment will expand Vistra's board to 11 members.

"We are pleased to welcome Rob Walters as a new director to the Vistra board," said Scott Helm, Vistra's chairman of the board. "With his deep experience in the power industry, extensive regulatory expertise at the federal and state levels, as well as active civic leadership, Rob brings valuable perspectives to the company as it continues to lead in a very dynamic and transformative energy industry."

About Rob Walters:
Mr. Walters retired from Gibson Dunn & Crutcher LLP in 2023 where he served as senior partner and on the firm's worldwide executive committee. Walters is an experienced and skilled professional with over four decades of experience in an array of industries and regulatory arenas, including serving as executive vice president and general counsel of Vistra predecessor Energy Future Holdings Corp. In the course of his career, Rob has had deep exposure to the electric utility and power sectors and success in building elite enterprises, recruiting and leading high-performance teams of professionals, developing and executing regional and worldwide strategic initiatives, negotiating and closing major transactions, orchestrating federal and state regulatory, legislative, and policy initiatives, litigating and resolving large competition and commercial disputes, and advising boards of directors on business and governance matters, restructuring efforts, activist initiatives, governmental investigations, and antitrust and competition regulatory matters. Walters received a bachelor's degree and law degree from the University of Texas at Austin.

About Vistra
Vistra (NYSE: VST) is a leading Fortune 500 integrated retail electricity and power generation company that provides essential resources to customers, businesses, and communities from California to Maine. Based in Irving, Texas, Vistra is a leader in the energy transformation with an unyielding focus on reliability, affordability, and sustainability. The company safely operates a reliable, efficient, power generation fleet of natural gas, nuclear, coal, solar, and battery energy storage facilities while taking an innovative, customer-centric approach to its retail business. Learn more at vistracorp.com.

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SOURCE Vistra Corp

FAQ

When did Rob Walters join Vistra's (VST) board of directors?

Rob Walters joined Vistra's board of directors effective December 30, 2024.

How many members are on Vistra's (VST) board after Rob Walters' appointment?

Following Rob Walters' appointment, Vistra's board expanded to 11 members.

Which committees will Rob Walters serve on Vistra's (VST) board?

Rob Walters will serve on the Sustainability and Risk Committee and the Nominating and Governance Committee.

What expertise does Rob Walters bring to Vistra's (VST) board?

Rob Walters brings deep experience in the power industry, extensive regulatory expertise at federal and state levels, and active civic leadership experience.