Houston Chronicle: CenterPoint says CEO resigned, names interim chief

Feb. 20 — CenterPoint Energy, the Houston-based regulated utility that distributes most of the electricity in the area, replaced Chief Executive Officer Scott M. Prochazka after it took a public beating in a new rate agreement and watched its stock lag behind broader indexes.

CenterPoint told investors that Prochazka’s departure Wednesday wasn’t related to any disagreement he had with the company’s operations, policies and practices. But beyond that, investors were left with little more to go on for the sudden departure, according to analyst reports.

— Houston Chronicle