Chat with us,powered by LiveChat

CenterPoint Energy and Vectren to Merge in $6 Billion Deal

By April 23, 2018

CenterPoint Energy, Inc. and Vectren Corporation both announced that they have entered into a definitive merger agreement, with CenterPoint acquiring Vectren.

At the closing of the transaction, Scott M. Prochazka will serve as president and CEO of the combined company, which will be known as CenterPoint Energy.

The rest of the executive team is expected to be announced before or in synchrony with the closing of the merger.

The merger is expected to be completed by the first quarter of 2019.

Leadership Connect

Leadership Connect

Founded by two former S&P 500 CEOs and a presidential press secretary, Leadership Connect operates at the intersection of government, business, and media. We are a people intelligence service for over 4,000 clients seeking to develop business or influence senior and mid-level decision makers. As a 50-year old startup, we use a mix of human curation and advanced technology to provide the highest quality data via the web, mobile devices, and CRM systems.