NRG Energy Annual Meeting: Shareholder Special-Meeting Proposal Passes as CEO Larry Coben Steps Down

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MarketBeat

Sun, May 3, 2026 astatine 3:10 PM CDT 5 min read

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Key Points

Shareholder proposal to let holders of 10% of outstanding communal banal to telephone a peculiar shareholder gathering (including online meetings) passed contempt the board's proposal against it.
Larry Coben stepped down arsenic Chair and Chief Executive effectual astatine the yearly meeting, with the institution expressing assurance successful Robert Gaudette and the existing enforcement squad going forward.
Based connected a preliminary Inspector of Election report, each 5 proposals — including predetermination of 10 directors, advisory support of enforcement compensation, ratification of KPMG, and support of the 2026 Long-Term Incentive Plan — received the requisite votes for passage, with last results to beryllium filed connected Form 8‑K.
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NRG Energy (NYSE:NRG) held its 2026 Annual Meeting of Stockholders connected Thursday morning, outlining 5 proposals enactment to a ballot and addressing shareholder questions ranging from lawsuit reviews successful Illinois to equilibrium expanse concerns tied to acquisitions and earthy state exposure.

Meeting logistics and voting matters

Larry Coben, Chair of the Board and Chief Executive Officer, called the gathering to bid astatine 9:00 a.m. Eastern and said the gathering was being held pursuant to announcement distributed connected oregon astir May 18, 2026, to stockholders of grounds arsenic of March 3, 2026. Coben said a quorum was contiguous based connected the Inspector of Election’s report.

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Coben said the committee appointed Morrow Sodali arsenic Inspector of Election, with Gene Carr serving successful that role. Christine Zoino, Corporate Secretary, was named arsenic the alternate inspector.

Five proposals presented to shareholders

Coben reviewed the docket items submitted for stockholder vote. The archetypal connection was the predetermination of 10 directors for one-year presumption expiring successful 2027. The nominees, recommended by the Governance and Nominating Committee and approved by the board, were:

Antonio Carrillo
Matthew Carter Junior
Heather Cox
Elisabeth B. Donohue
Marwan Fawaz
Robert J. Gaudette
Sanjay Kapoor
Alexandre Pourbaix
Alexandra Pruner
Marcie C. Zlotnik

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Additional proposals included a non-binding advisory ballot to o.k. enforcement compensation, ratification of KPMG LLP arsenic autarkic registered nationalist accounting steadfast for fiscal 2026, and support of the NRG Energy, Inc. 2026 Long-Term Incentive Plan.

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