Company: EAI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000065984-25-000012
Chunk: 1038

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-02-18
Form: 10-K
Item: Item 3
Chunk 1038
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 case of Messrs. Marsh and Norgeot and Ms. Fontan, their increases were made to transition below-market base salary levels toward the market median in recognition of their performance since assuming their respective roles in 2022.

The following table sets forth the 2023 and 2024 annual base salaries, after adjusting for the annual merit increases, for the NEOs.

Named Executive Officer2023 Base Salary2024 Base SalaryMarcus V. Brown$761,302$791,754Haley R. Fisackerly$438,206$458,019Kimberly A. Fontan$625,000$706,250Laura R. Landreaux $411,351$430,983Andrew S. Marsh$1,100,000$1,250,000Phillip R. May, Jr.$454,593$472,863Peter S. Norgeot, Jr.$598,000$669,760Deanna D. Rodriguez$362,274$375,924Eliecer Viamontes(1)$365,385$380,070Roderick K. West$807,491$835,753

(1)    Following the annual merit increases, Mr. Viamontes received an off-cycle salary increase of approximately 10%, which brought his base salary to $418,077, effective September 29, 2024.  This off-cycle adjustment to Mr. Viamontes’ salary was made to transition his below-market base salary level toward the market median.

Annual Incentive Compensation

The NEOs are eligible for annual incentive awards pursuant to the executive annual incentive program established under our 2019 Omnibus Incentive Plan (“2019 OIP”).  The maximum funding available for the program is determined by a payout factor referred to as the Entergy Achievement Multiplier (“EAM”).  Each year, after a review of the Company’s strategic plan, the Talent and Compensation Committee engages in a rigorous process to determine the performance measures and the minimum, target, and maximum performance goals for each measure that will be used to determine the EAM.  The Talent and Compensation Committee also annually establishes target opportunities for each NEO who is a member of the OCE.  For other NEOs, target opportunities are based on their management level within the Entergy organization.  Executive management levels at Entergy Corporation range from management level 1 through management level 4.  Accordingly, incentive award opportunities differ from one another based on either management level