OGE board announces dividend and addition of new director


A new member has joined the Board of Directors at OGE Energy Corp.

Directors voted this week to appoint Cathy R. Gates to the board beginning Jan. 3, 2023.

Gates was an assurance partner for Ernst & Young LLP, based in their Tulsa office, through her retirement in 2017. She served as a managing partner for eight years with oversight responsibility for more than 100 professionals, working with public and privately-held clients throughout the Southwest region in retail/consumer products, transportation, manufacturing and contract drilling industries.

In addition to her professional career, Gates is active with several nonprofit organizations including the Tulsa Area United Way and University of Arkansas Walton College of Business. She also serves on the board of directors of Tempur-Sealy International and sits on the audit committee.

“Cathy brings extensive knowledge across a number of industries and that perspective will be invaluable to OGE Energy’s continued growth,” said Sean Trauschke, OGE Energy Corp. Chairman, President and CEO. “We are delighted for Cathy to join the board and look forward to her leadership in the coming years.”


Gates will serve on the Compensation Committee and the Nominating, Corporate Governance and Stewardship Committee of the Board of Directors. She will receive compensation for her Board service consistent with compensation received by OGE Energy’s other non-employee directors.


Additionally, the Company announced today that its Board of Directors approved a first quarter dividend of $0.4141 per common share of stock, to be paid on January 27, 2023 to shareholders of record on January 9, 2023.