OGE Energy Corp. Names New CFO as It Moves Forward in 2025

OGE Energy Corp. Welcomes Charles Walworth as New CFO

OGE Energy Corp., the parent company of Oklahoma Gas and Electric Company (NYSE: OGE), has announced the appointment of Charles Walworth as Chief Financial Officer and Treasurer, effective December 4, 2024. Walworth’s extensive experience of 25 years within the company, including key roles in finance, highlights the organization's commitment to internal growth and stability.

Charles Walworth's career at OGE Energy Corp. has been marked by his versatility and consistent contributions to the company. Prior to his new role as CFO, Walworth served as the treasurer, where he played a vital role in shaping the company’s financial strategies. His deep understanding of the company's operations and financial landscape positions him as a trusted leader capable of navigating the challenges within the energy sector.

Sean Trauschke, the Chairman, President, and CEO of OGE Energy, emphasized Walworth's leadership qualities, stating, "Chuck is a respected leader and the architect of one of the strongest balance sheets in the industry." This acknowledgment reflects the board’s confidence in Walworth’s capability to spearhead financial initiatives that align with the company’s future growth and stability goals.

In addition to the leadership change, the OGE Energy Board of Directors has announced a quarterly dividend of $0.42125 per common share. This dividend, which investors can anticipate on January 31, 2025, underscores OGE Energy's commitment to maintaining shareholder value. The record date for this dividend will be January 6, 2025.

The appointment of Walworth comes at a pivotal time for OGE Energy Corp, as the company continues to evolve within an ever-changing energy market. Ensuring financial prudence while investing in sustainable and innovative energy solutions will be at the forefront of Walworth's strategic vision.

As OGE Energy Corp. charts its course for the future, the leadership of a seasoned professional like Charles Walworth may drive significant advancements in the company’s financial stability and operational efficiency. His track record of dedication and strategic thinking is expected to contribute greatly to OGE Energy's ongoing projects, enhancing not only the company's position in the market but also its relationships with customers and stakeholders throughout its service areas.

In light of this development, industry analysts and shareholders alike will be watching closely as Walworth embarks on this new chapter of leadership. The confidence expressed by the board indicates that OGE Energy Corp. is poised for a successful future under Walworth's guidance.

As OGE Energy continues to focus on its core values of caring for employees, customers, communities, and shareholders, Walworth's leadership will be critical in ensuring a strong financial foundation that supports ambitious goals in sustainability and innovation in energy production. His leadership is anticipated to foster a culture of excellence that aligns with OGE Energy Corp.'s dedication to empowering the communities it serves while maintaining robust financial performance.

In conclusion, Charles Walworth's appointment as CFO marks a significant milestone for OGE Energy Corp. as it endeavors to strengthen its financial performance while navigating the complexities of the evolving energy landscape. Stakeholders will undoubtedly look forward to the promising developments that will result from this new leadership.