ライブニュース • May 24
Pinnacle West Capital Reports Unexpected Q1 Profit as Weather and Customer Growth Drive Earnings Pinnacle West Capital reported Q1 2026 net income of $32.9 million, or $0.27 per share, compared with prior expectations that had called for a loss.
The quarter benefited from hotter-than-normal weather, higher transmission revenues, 2.2% customer growth, and lower operations and maintenance costs, with APS net income at $51.8 million.
Management reaffirmed 2026 weather-normalized earnings guidance of $4.55 to $4.75 per diluted share, highlighted ongoing infrastructure investments, and continued to advance a 2025 rate case seeking a sizeable base rate increase with the Arizona Corporation Commission.
The earnings beat, combined with reaffirmed guidance and continued capital projects in gas, solar and nuclear assets, indicates that management is focusing on reliability and meeting growing electricity demand in Arizona while working to address regulatory lag.
Investors may wish to monitor the progress of the 2025 rate case and any regulatory decisions from the Arizona Corporation Commission, as outcomes there could materially affect allowed returns and cash flow visibility. Recent Insider Transactions • May 17
Insider recently sold US$650k worth of stock On the 13th of May, Jacob Tetlow sold around 7k shares on-market at roughly US$99.00 per share. This transaction amounted to 42% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.3m more than they bought in the last 12 months. Reported Earnings • May 05
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: EPS: US$0.27 (up from US$0.039 loss in 1Q 2025). Revenue: US$1.15b (up 11% from 1Q 2025). Net income: US$32.9m (up US$37.6m from 1Q 2025). Profit margin: 2.9% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 8% per year. Declared Dividend • Apr 26
Fourth quarter dividend of US$0.91 announced Shareholders will receive a dividend of US$0.91. Ex-date: 4th May 2026 Payment date: 1st June 2026 Dividend yield will be 3.5%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover. お知らせ • Apr 24
Pinnacle West Capital Corporation announces Quarterly dividend, payable on June 01, 2026 Pinnacle West Capital Corporation announced Quarterly dividend of USD 0.9100 per share payable on June 01, 2026, ex-date on May 04, 2026 and record date on May 04, 2026. お知らせ • Apr 07
Pinnacle West Capital Corporation to Report Q1, 2026 Results on May 04, 2026 Pinnacle West Capital Corporation announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 04, 2026 お知らせ • Apr 06
Pinnacle West Capital Corporation, Annual General Meeting, May 14, 2026 Pinnacle West Capital Corporation, Annual General Meeting, May 14, 2026. お知らせ • Feb 25
Pinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Year 2026 Pinnacle West Capital Corporation provided consolidated earnings guidance for the year 2026. For the year, the company continues to estimate its consolidated earnings to be within a range of $4.55 to $4.75 per diluted share on a weather-normalized basis. お知らせ • Jan 27
Pinnacle West Capital Corporation to Report Q4, 2025 Results on Feb 25, 2026 Pinnacle West Capital Corporation announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 25, 2026 Upcoming Dividend • Jan 26
Upcoming dividend of US$0.91 per share Eligible shareholders must have bought the stock before 02 February 2026. Payment date: 02 March 2026. Payout ratio is a comfortable 71% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of American dividend payers (4.3%). Higher than average of industry peers (2.8%). Declared Dividend • Dec 14
Third quarter dividend of US$0.91 announced Shareholders will receive a dividend of US$0.91. Ex-date: 2nd February 2026 Payment date: 2nd March 2026 Dividend yield will be 4.1%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (72% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover. お知らせ • Dec 11
Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on March 2, 2026 The board of directors of Pinnacle West Capital Corporation declared a quarterly dividend of $0.91 per share of common stock, payable on March 2, 2026, to shareholders of record at the close of business on February 2, 2026. Reported Earnings • Nov 04
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: US$3.45. Revenue: US$1.82b (up 2.9% from 3Q 2024). Net income: US$413.2m (up 4.6% from 3Q 2024). Profit margin: 23% (in line with 3Q 2024). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 9.7%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electric Utilities industry in the US. Declared Dividend • Oct 26
Second quarter dividend increased to US$0.91 Dividend of US$0.91 is 1.7% higher than last year. Ex-date: 3rd November 2025 Payment date: 1st December 2025 Dividend yield will be 3.9%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (72% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover. お知らせ • Oct 23
Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on December 1, 2025 Pinnacle West Capital Corporation’s board of directors voted to raise the Company’s dividend by 1.7%, or 6 cents per common share annually. This action will result in an indicated annual dividend of $3.64 per share – or $0.91 per share quarterly. The declared quarterly dividend is payable December 1, 2025, to shareholders of record at the close of business November 3, 2025. お知らせ • Oct 03
Pinnacle West Capital Corporation to Report Q3, 2025 Results on Nov 03, 2025 Pinnacle West Capital Corporation announced that they will report Q3, 2025 results Pre-Market on Nov 03, 2025 Recent Insider Transactions • Aug 13
Insider recently sold US$600k worth of stock On the 11th of August, Jacob Tetlow sold around 6k shares on-market at roughly US$92.37 per share. This transaction amounted to 72% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.8m more than they bought in the last 12 months. Reported Earnings • Aug 06
Second quarter 2025 earnings: Revenues and EPS in line with analyst expectations Second quarter 2025 results: EPS: US$1.61 (down from US$1.79 in 2Q 2024). Revenue: US$1.36b (up 3.8% from 2Q 2024). Net income: US$192.6m (down 5.5% from 2Q 2024). Profit margin: 14% (down from 16% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year. お知らせ • Aug 06
Pinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Year 2025 Pinnacle West Capital Corporation provided consolidated earnings guidance for the year 2025. For the year, the company continues to estimate its consolidated earnings will be with in a range of $4.40 to $4.60 per diluted share on a weather-normalized basis. Upcoming Dividend • Jul 25
Upcoming dividend of US$0.90 per share Eligible shareholders must have bought the stock before 01 August 2025. Payment date: 02 September 2025. Payout ratio is a comfortable 70% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of American dividend payers (4.6%). Higher than average of industry peers (2.9%). お知らせ • Jul 08
Pinnacle West Capital Corporation to Report Q2, 2025 Results on Aug 06, 2025 Pinnacle West Capital Corporation announced that they will report Q2, 2025 results Pre-Market on Aug 06, 2025 Declared Dividend • Jun 22
First quarter dividend of US$0.90 announced Shareholders will receive a dividend of US$0.90. Ex-date: 1st August 2025 Payment date: 2nd September 2025 Dividend yield will be 4.0%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover. お知らせ • Jun 19
Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on Sept. 2, 2025 Pinnacle West Capital Corporation’s board of directors declared a quarterly dividend of $0.895 per share of common stock, payable on Sept. 2, 2025, to shareholders of record at the close of business on Aug. 1, 2025. Reported Earnings • May 02
First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2025 results: US$0.039 loss per share (down from US$0.15 profit in 1Q 2024). Revenue: US$1.03b (up 8.5% from 1Q 2024). Net loss: US$4.64m (down 127% from profit in 1Q 2024). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 8% per year. Declared Dividend • Apr 27
Fourth quarter dividend of US$0.90 announced Shareholders will receive a dividend of US$0.90. Ex-date: 5th May 2025 Payment date: 2nd June 2025 Dividend yield will be 3.8%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover. お知らせ • Apr 24
Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on June 2, 2025 Pinnacle West Capital Corporation’s board of directors declared a quarterly dividend of $0.895 per share of common stock, payable on June 2, 2025, to shareholders of record at the close of business on May 5, 2025. Board Change • Apr 10
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Susan Flanagan was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 03
High number of new directors There are 5 new directors who have joined the board in the last 3 years. President of Arizona Public Service Company & Director Ted Geisler was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. お知らせ • Apr 02
Pinnacle West Capital Corporation to Report Q1, 2025 Results on May 01, 2025 Pinnacle West Capital Corporation announced that they will report Q1, 2025 results Pre-Market on May 01, 2025 お知らせ • Mar 07
Pinnacle West Capital Corporation, Annual General Meeting, May 21, 2025 Pinnacle West Capital Corporation, Annual General Meeting, May 21, 2025. Recent Insider Transactions Derivative • Feb 26
Chairman exercised options and sold US$888k worth of stock On the 20th of February, Jeffrey Guldner exercised options to acquire 10k shares at no cost and sold these for an average price of US$90.77 per share. This trade did not impact their existing holding. For the year to December 2018, Jeffrey's total compensation was 12% salary and 88% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Jeffrey's direct individual holding has increased from 64.79k shares to 78.53k. Company insiders have collectively sold US$3.1m more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • Feb 26
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: US$5.35 (up from US$4.42 in FY 2023). Revenue: US$5.12b (up 9.1% from FY 2023). Net income: US$608.8m (up 21% from FY 2023). Profit margin: 12% (up from 11% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.2%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth. お知らせ • Feb 26
Pinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Full Year of 2025 Pinnacle West Capital Corporation provided consolidated earnings guidance for the full year of 2025. For the year, the company expects consolidated earnings will be within a range of $4.40 to $4.60 per diluted share on a weather-normalized basis. お知らせ • Feb 22
Pinnacle West Capital Corporation and Arizona Public Service Company Announces Management Changes On February 19, 2025, Pinnacle West Capital Corporation (“Pinnacle West”) and Arizona Public Service Company (“APS”) announced that Robert E. Smith was named Executive Vice President, Chief Legal Officer and Chief Development Officer of Pinnacle West and APS, respectively, and that Shirley A. Baum has been promoted to the position of Senior Vice President and General Counsel of Pinnacle West and APS, respectively. The changes are effective immediately. These changes are in support of a smooth transition of the duties and responsibilities of the General Counsel to Ms. Baum due to Mr. Smith’s planned retirement as an officer of Pinnacle West and APS on August 1, 2025. お知らせ • Jan 28
Pinnacle West Capital Corporation to Report Q4, 2024 Results on Feb 25, 2025 Pinnacle West Capital Corporation announced that they will report Q4, 2024 results Pre-Market on Feb 25, 2025 Upcoming Dividend • Jan 27
Upcoming dividend of US$0.90 per share Eligible shareholders must have bought the stock before 03 February 2025. Payment date: 03 March 2025. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 4.2%. Lower than top quartile of American dividend payers (4.4%). Higher than average of industry peers (2.9%). Declared Dividend • Dec 15
Third quarter dividend of US$0.90 announced Shareholders will receive a dividend of US$0.90. Ex-date: 3rd February 2025 Payment date: 3rd March 2025 Dividend yield will be 4.1%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (65% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 7.9% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Dec 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.5% to US$87.55. The fair value is estimated to be US$111, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 5.8% per annum over the same time period. お知らせ • Dec 12
Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on March 3, 2025 Pinnacle West Capital Corporation’s board of directors declared a quarterly dividend of $0.895 per share of common stock, payable on March 3, 2025, to shareholders of record at the close of business on February 3, 2025. Recent Insider Transactions • Nov 14
Insider recently sold US$860k worth of stock On the 13th of November, Jacob Tetlow sold around 9k shares on-market at roughly US$90.80 per share. This transaction amounted to 79% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.6m more than they bought in the last 12 months. お知らせ • Nov 09
Pinnacle West Capital Corporation has filed a Follow-on Equity Offering in the amount of $900 million. Pinnacle West Capital Corporation has filed a Follow-on Equity Offering in the amount of $900 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Reported Earnings • Nov 07
Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2024 results: EPS: US$3.47 (down from US$3.51 in 3Q 2023). Revenue: US$1.77b (up 8.0% from 3Q 2023). Net income: US$395.0m (flat on 3Q 2023). Profit margin: 22% (down from 24% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 4.3%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Declared Dividend • Oct 27
Second quarter dividend increased to US$0.90 Dividend of US$0.90 is 1.7% higher than last year. Ex-date: 4th November 2024 Payment date: 2nd December 2024 Dividend yield will be 4.0%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (64% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 7.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Oct 25
Now 21% undervalued Over the last 90 days, the stock has risen 4.1% to US$88.20. The fair value is estimated to be US$112, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 5.2%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings are also forecast to grow by 5.3% per annum over the same time period. お知らせ • Oct 25
Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on December 2, 2024 Pinnacle West Capital Corporation’s board of directors voted to raise the Company’s dividend by about 1.7%, or 6 cents per common share annually. This action will result in an indicated annual dividend of $3.58 per share – or $0.895 per share quarterly. The declared quarterly dividend is payable December 2, 2024, to shareholders of record at the close of business November 4, 2024. お知らせ • Oct 04
Pinnacle West Capital Corporation to Report Q3, 2024 Results on Nov 06, 2024 Pinnacle West Capital Corporation announced that they will report Q3, 2024 results Pre-Market on Nov 06, 2024 Buy Or Sell Opportunity • Sep 26
Now 20% undervalued Over the last 90 days, the stock has risen 16% to US$88.45. The fair value is estimated to be US$111, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 5.2%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 5.7% per annum over the same time period. お知らせ • Sep 23
Pinnacle West Capital Corporation(NYSE:PNW) dropped from FTSE All-World Index (USD) Pinnacle West Capital Corporation(NYSE:PNW) dropped from FTSE All-World Index (USD) Reported Earnings • Aug 02
Second quarter 2024 earnings: EPS and revenues exceed analyst expectations Second quarter 2024 results: EPS: US$1.79 (up from US$0.94 in 2Q 2023). Revenue: US$1.31b (up 17% from 2Q 2023). Net income: US$203.8m (up 91% from 2Q 2023). Profit margin: 16% (up from 9.5% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 8.4%. Earnings per share (EPS) also surpassed analyst estimates by 40%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Electric Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. お知らせ • Aug 02
Pinnacle West Capital Corporation Provides Consolidated Earnings Guidance for the Full Year 2024 Pinnacle West Capital Corporation provided consolidated earnings guidance for the full year 2024. for the year, the company continues to estimate its consolidated earnings guidance will be in the range of $4.60 to $4.80 per diluted share. Board Change • Aug 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Susan Flanagan was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jul 25
Upcoming dividend of US$0.88 per share Eligible shareholders must have bought the stock before 01 August 2024. Payment date: 03 September 2024. Payout ratio is on the higher end at 76% but the company is not cash flow positive. Trailing yield: 4.2%. Lower than top quartile of American dividend payers (4.4%). Higher than average of industry peers (3.2%). お知らせ • Jul 04
Pinnacle West Capital Corporation to Report Q2, 2024 Results on Aug 01, 2024 Pinnacle West Capital Corporation announced that they will report Q2, 2024 results Pre-Market on Aug 01, 2024 Declared Dividend • Jun 23
First quarter dividend of US$0.88 announced Shareholders will receive a dividend of US$0.88. Ex-date: 1st August 2024 Payment date: 3rd September 2024 Dividend yield will be 4.7%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (76% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover. お知らせ • Jun 21
Pinnacle West Capital Corp. Appoints Three New Members to Its Board of Directors Pinnacle West Capital Corp. announced that its board of directors has elected three new members to the company’s board: Ronald Butler Jr., a “Big 4” public accounting firm managing partner with more than 32 years of diverse management and executive leadership experience; Carol S. Eicher, a seasoned executive who has served in multiple board leadership roles with both public and private equity-backed businesses; and Susan T. Flanagan, an executive with a broad and accomplished career spanning various sectors, including regulated utilities, energy and renewables, finance and capital markets, and portfolio management. The appointments, effective July 1, 2024 increase the number of Pinnacle West directors from nine to 12, of which 11 are independent members. Butler and Flanagan have been appointed to the Board’s Audit and Finance committees. Eicher joins the Audit and the Nuclear & Operating committees. Butler – a trusted advisor to Fortune 500 executives, corporate boards and audit committees across a broad set of industries including mining and metals, technology and consumer products – began his career in 1991 with KPMG in its Phoenix office. In 1995, he joined EY, becoming a Partner in 2004 and then being promoted to Managing Partner of the Arizona practice in 2008. Over his career, Butler has advised a diverse group of public and privately held companies ranging from middle-market to large multinational companies. He also serves as EY’s U.S Mining and Metals Leader. Butler received his Bachelor of Science degree in Accountancy from the University of Arizona and is the recipient of the University of Arizona Eller College Outstanding Alumnus (2024) and the University of Arizona Alumni Association Sidney S. Woods Alumni Service Award (2015). He is a licensed CPA in the State of Arizona and a member of the Arizona Society of CPA’s and the American Institute of Certified Public Accountants. Eicher possesses more than 30 years of experience in global manufacturing, operations and mergers and acquisitions. She is on the boards of The Tennant Company (NYSE: TNC), an industrial machinery company, and Arq Inc., a diversified, environmental technology company with products that enable a cleaner and safer planet while actively reducing its environmental impact. She also serves on two private company boards. Her senior leadership experience includes positions at The Dow Chemical Company, Rohm and Haas Company, Ashland Chemical Company and E.I. DuPont de Nemours and Company Inc. In her last executive role, Eicher served as CEO of Innocor Inc. from May 2014 to July 2017. Eicher holds a Bachelor of Science degree in Chemical Engineering from the University of Pennsylvania and a Master in Business Administration from York College of Pennsylvania. She volunteers as Chair of the Board of Directors for the Fairmount Park Conservancy and as Secretary of the Board of Trustees for York College of Pennsylvania. Flanagan – an experienced senior executive and subject matter expert in the energy and renewables sector – started her professional career as an aerospace engineer with General Electric (GE). Her subsequent experience spanned research and development and corporate finance at utilities Long Island Lighting Company and Dayton Power & Light; and M&A and due diligence at PricewaterhouseCoopers and Ernst & Young working closely with utilities and private equity. In 2005, Flanagan rejoined GE where she served in various senior roles, most notably as President and CEO of GE Capital’s Energy Financial Services business. Following her 2023 retirement from GE, she joined Apollo Global Management as an Operating Partner, where she advises on structured investment opportunities across the Energy value chain. Flanagan has a Bachelor of Science degree in mechanical engineering from Columbia University’s School of Engineering, and a Master of Science in Aerospace Engineering from the University of Cincinnati. She also earned an MBA from New York University'sStern School of Business. She has been actively engaged in energy transition issues and has addressed the World Economic Forum in Davos and other thought leadership venues. She served on the Columbia University School of Engineering'sBoard of Visitors. お知らせ • Jun 20
Pinnacle West Capital Corporation Declares Quarterly Dividend, Payable on September 3, 2024 Pinnacle West Capital Corporation declared a quarterly dividend of $0.88 per share of common stock, payable on Sept. 3, 2024, to shareholders of record at the close of business on Aug. 1, 2024. 
