Insights > The Value of an Advisory Board
The Value of an Advisory Board
Receiving customer and community input is important when it comes to operating a complex business like Entergy New Orleans. It requires industry knowledge, skill, and perhaps equally important, unvarnished advice from other experienced New Orleans business and community leaders.
Entergy New Orleans’ advisory board, that today comprises C.J. Blache, New Orleans-based attorney, Alden McDonald, President and CEO of Liberty Bank, and David Williams, a retired judge in New Orleans, brings unique knowledge and skills which augment the knowledge and skills of Entergy New Orleans’ management team.
Relying on an advisory board is common practice and appropriate. Like many other businesses and organizations in New Orleans and the country, we engage with a diverse cross-section of community leaders to provide counsel and advice.
Entergy New Orleans’ advisory board has been in place for decades. The practice of having guidance from outside business leaders is nothing new and in fact, some of the largest corporations in the country utilize them.
This valuable guidance comes at NO cost to customers. Costs associated with maintaining an advisory board are paid by shareholders.
Discussions with advisory board members help to ensure we continue to deliver safe, reliable and affordable energy to our customers, while at the same time, help the economic success and growth of the city.