Evergy Business Summary

Evergy, Inc. (EVRG) operates as a regulated electric utility holding company, generating revenue through the generation, transmission, distribution, and sale of electricity to approximately 1.7 million customers across eastern Kansas and western Missouri. The company’s business is structured into four primary segments: Evergy Metro, Evergy Kansas Central, Evergy Missouri West, and Evergy Transmission, which together manage a rate base of approximately $20 billion. As of early 2026, Evergy maintains a trailing twelve-month revenue of approximately $5.88 billion, driven by its status as the largest electric provider in Kansas and a leading wind energy supplier in the United States. Its primary direct competitors include American Electric Power (AEP), Ameren (AEE), and Alliant Energy (LNT); Evergy distinguishes itself within this peer group through a massive $17.5 billion five-year capital investment plan focused on grid modernization and a strategic transition toward a net-zero carbon footprint by 2045. Evergy was formed in 2018 through the high-profile merger of Westar Energy and Great Plains Energy, a transaction designed to scale operations across the Midwest. The leadership team is currently headed by David A. Campbell, who serves as Chairman, President, and CEO; Campbell brought extensive industry pedigree to the role in 2021, having previously served as CEO of InfraREIT and in executive roles at Vistra Corp and McKinsey & Company. The executive suite includes EVP and CFO Bryan Buckler, who oversees capital allocation and long-term financial planning, and Chuck Caisley, EVP of Utility Operations and Chief Customer Officer. The company’s strategic direction is supported by a robust board of directors featuring notable figures such as C. John Wilder, Executive Chairman of Bluescape Energy Partners, and former U.S. Senator Mary Landrieu. Major institutional backing is provided by prominent investors including Vanguard, Invesco, and Elliott Management, the latter of which has historically played an active role in shaping the company’s operational efficiency and governance.