Resign

Several frustrated Reliant Energy Inc. shareholders on Wednesday urged R. Steve Letbetter, chairman and CEO, to resign, insinuating during an annual meeting in Houston that the utility giant has deteriorated since Letbetter took over as CEO in 1999. Calls for his resignation, as well as others from Reliant’s executive team, were not submitted to a formal vote, and Letbetter did not answer questions about whether the company would be in better shape without him at the helm.