Jason Wells

Jason Wells became President and CEO of CenterPoint Energy in 2023, leading a regulated utility company that serves over 7 million metered customers through its electric transmission and distribution operations in the Houston metro area and natural gas distribution in Texas, Indiana, Ohio, and Minnesota. Wells previously served as CFO and Executive Vice President at CenterPoint. CenterPoint's investment story is defined by two powerful tailwinds: first, the extraordinary population and economic growth in the Houston metropolitan area — one of the fastest-growing major metros in the U.S. driven by energy industry expansion, healthcare, technology, and data center construction. Second, the imperative to harden the electric grid against increasingly severe weather events after devastating Texas storms (including Winter Storm Uri in 2021 and Hurricane Beryl in 2024) exposed infrastructure vulnerabilities. Under Wells' leadership, CenterPoint has launched one of the largest infrastructure investment programs in the U.S. utility sector, with a multi-billion dollar capital plan focused on grid resilience, underground transmission, smart grid technology, and capacity expansion to meet surging demand. His decisions on capital expenditure levels and regulatory recovery mechanisms, grid hardening priorities, customer rate impact management, dividend growth commitments, and operational performance during extreme weather events are the primary drivers of the stock's performance.