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In January 2002, Rick became Group President of Entergy’s Utility Operations. He is responsible for the regulated utility financial results, along with operation results of electric and natural gas distribution and customer service. In addition, Rick oversees utility regulatory support and regulated retail activities.
Rick joined Entergy in September 1999 as Senior Vice President, Transition Management. In October 2000, Rick was named President of Entergy’s Retail organization.
Before joining Entergy, Rick held several executive positions at Cinergy Corp., a multi-state electric utility company headquartered in Cincinnati, Ohio.
Smith was President of Cinergy Resources, Inc., Cinergy’s non-regulated retail supply business until August 1999. From March to May 1999, he was Vice President for Energy Services with responsibilities for all customer-service functions including field offices, call centers, meter reading, billing, credit, and collections. In addition, this position included retail sales and marketing activities.
He was Vice President of Finance for Cinergy's Energy Services Business Unit from 1996 to March 1999. In that position, he directed the business unit's accounting, financial, and Information Technology operations, and served as chief financial officer with responsibilities for strategic planning, budgeting, and business development activities. During this time Smith was instrumental in development of the Energy Services Business Unit’s non-regulated business of Cadence, Cinergy Business Solutions, and Cinergy Resources, Inc. of which he was interim President since mid 1998.
He has a B.S. degree in accounting from Indiana University and Purdue University of Indianapolis and a M.B.A. degree from the University of Indianapolis. | 