TXNM Energy Welcomes New CFO Henry Monroy Amid Transitional Leadership

TXNM Energy Welcomes Henry Monroy as Chief Financial Officer

In a pivotal move, TXNM Energy (NYSE: TXNM) has announced the appointment of Henry Monroy as its new Senior Vice President and Chief Financial Officer, effective immediately. This transition comes as the company bids farewell to its former CFO, Lisa Eden, who has dedicated 21 years to the organization before announcing her retirement late last year.

A Trusted Leader with Deep Roots

Henry Monroy, 46, has been a key player at TXNM Energy since 2003, where he began his career and has climbed through various ranks within the company. Most recently, he held the position of Vice President of PNM Regulatory, showcasing a comprehensive understanding of the energy sector and the company’s operational landscape.

His financial acumen is evident from his tenure as Vice President and Corporate Controller from 2020 to 2023, where he managed critical aspects of the company’s accounting and budgeting processes. This extensive experience has equipped Monroy with the skills necessary to lead the financial strategy of TXNM Energy in the dynamic energy market.

Monroy’s solid academic background includes a bachelor’s degree in accounting from New Mexico State University, and he is recognized as a Certified Public Accountant in the state of New Mexico. His expertise in finance will help guide the company's future growth initiatives and maintain its commitment to operational excellence.

Transitioning Leadership and Future Directions

Lisa Eden's retirement marks the end of an era for TXNM Energy, where her strategic leadership helped shape the company’s financial foundations and navigate various market challenges over the years. As the company looks to the future, the leadership transition is positioned to harness Monroy's experience and influence.

TXNM Energy operates as an influential energy holding company based in Albuquerque, New Mexico, providing energy to over 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, namely Texas-New Mexico Power Company (TNMP) and Public Service Company of New Mexico (PNM). Monroy's insights will be invaluable as the company continues to refine its operational strategies and service offerings to meet the evolving energy landscape.

His appointment aligns with TXNM Energy’s commitment to fostering leadership that reflects the company's core values and dedication to customer satisfaction.

In a statement, Monroy expressed his enthusiasm for his new role, stating, "I am honored to take on this challenge and contribute to the success and sustainability of TXNM Energy. We are positioned for growth, and I look forward to working with an exceptional team to achieve our goals and drive value for our stakeholders."

As TXNM Energy embarks on this new chapter with Henry Monroy at the helm of its financial operations, stakeholders and customers alike can expect a focus on innovation, efficiency, and enhanced service delivery as the company endeavors to broaden its impact within the energy sector.

For more information on TXNM Energy and its services, visitors can explore the company’s website at www.TXNMEnergy.com.