Entergy headquarters return to New Orleans

20 April 20 2006 -- Entergy announced that its corporate headquarters -- displaced by Hurricane Katrina nearly eight months ago -- will return to New Orleans. The company, headquartered in New Orleans since 1922, will also establish primary business offices in other locations to better align functional processes with business unit needs.

The majority of corporate employees will return to work at Entergy's headquarters at 639 Loyola Avenue in New Orleans, some as early as next week. Others, including some with children attending out-of-town schools or who do not have a home to return to at the present time, will return later in the spring or early summer.

After Katrina struck August 29, most of the corporate center's 1,500 employees and contractors were temporarily relocated to Clinton, Miss.; The Woodlands, Texas; Little Rock, Ark. and other cities.

"We are happy to be coming home and are energized about continuing to help rebuild the city and hope our decision -- as disciplined as any we have ever made -- will send a strong message the city is returning to its previous greatness," said J. Wayne Leonard, Entergy's chief executive officer.

"Although we understand the intense interest in the headquarters decision, it's important to note that even though our local utility, Entergy New Orleans, is currently in a bankruptcy proceeding due to the massive damage to the company's infrastructure, Entergy workers have been in New Orleans and other parts of the region all along, responding to the devastation caused by Katrina and Rita in the communities we serve."

In addition to the return of its corporate headquarters to New Orleans, Entergy announced that it will establish new primary office locations in Hammond, La., and Little Rock, Ark., to improve the functionality of its business processes and organizational design. Entergy is organized around a highly matrixed functional structure with business units such as Entergy New Orleans, Entergy Louisiana, Entergy Mississippi and others responsible for safety, service, reliability and profitability. Groups being partially relocated or dispersed include information processing, finance, accounting, transmission, distribution operations, customer service and human resources.

Leonard previously said the company would move beyond the outdated headquarters model with everyone in one city and one building. "We're pleased that in the short term, and longer term, there will be new Entergy jobs in other cities in our region," Leonard said. "Our friends in Mississippi, Texas, Arkansas, as well as Louisiana, showed before and after the hurricanes that they are good neighbors with good places to live in and do business. The new, distributed primary office locations that we will establish over an appropriate period of time will be as diverse and productive as the people and communities we serve."

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