CenterPoint Energy Appoints Ricky A. Raven to its Board of Directors

by savoystaff

CenterPoint Energy, Inc. announced the appointment of Ricky A. Raven, Senior Vice President and Deputy General Counsel at Allstate Insurance Company, to its Board of Directors, effective Sept. 28.

“The decision to expand our Board of Directors with the addition of Ricky reflects our ongoing commitment to anchor the Board with directors who have outstanding corporate governance backgrounds,” said Earl M. Cummings, Independent Chair of the Board. “At the same time, we are broadening the Board’s industry experience and expertise to advance the company’s long-term growth strategy and objectives as a pure-play, regulated utility.”

Raven said, “Strong customer and stakeholder relationships are the cornerstones of the company’s success, and I look forward to sharing my experience to support the team as we guide CenterPoint Energy into the future. As a CenterPoint Energy customer, I have long admired the critically important work and services the company provides to its customers and communities.”

Consistent with the Board’s commitment to pursuing an appropriate mix of skills, diversity and expertise, the Board has also retained a leading director search firm to identify an additional independent director candidate with significant financial or audit experience.

Raven is Senior Vice President and Deputy General Counsel of the Allstate Insurance Company. He serves on the boards of the National Judicial College Board of Directors and International Academy of Trial Lawyers Board of Directors. He is currently a member of the University of Houston Board of Regents and former Commissioner for the City of Houston Civil Service Commission.

Raven previously was a Partner at ReedSmith LLP, where he was a member of the Global Commercial Disputes Group and a leader of the firm’s Mass and Toxic Torts team.

He holds a Bachelor of Science in Political Science and Biology from the University of Houston and a Juris Doctor from the University of Houston Law Center.

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