Pinnacle West Capital Management
Management criteria checks 4/4
Pinnacle West Capital's CEO is Jeff Guldner, appointed in Nov 2019, has a tenure of 5.25 years. total yearly compensation is $9.32M, comprised of 12.1% salary and 87.9% bonuses, including company stock and options. directly owns 0.069% of the company’s shares, worth $7.14M. The average tenure of the management team and the board of directors is 2.5 years and 4.3 years respectively.
Key information
Jeff Guldner
Chief executive officer
US$9.3m
Total compensation
| CEO salary percentage | 12.1% |
| CEO tenure | 5yrs |
| CEO ownership | 0.07% |
| Management average tenure | 2.5yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
Pinnacle West Capital (NYSE:PNW) Is Paying Out A Larger Dividend Than Last Year
Oct 27
Is Pinnacle West Capital Corporation (NYSE:PNW) Trading At A 21% Discount?
Sep 28Pinnacle West Capital (NYSE:PNW) Takes On Some Risk With Its Use Of Debt
Sep 10Investors Met With Slowing Returns on Capital At Pinnacle West Capital (NYSE:PNW)
Aug 22Wait On Pinnacle West Capital For Lower Interest Rates
Aug 16Pinnacle West Capital Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Aug 04Pinnacle West Capital Corporation's (NYSE:PNW) Business Is Yet to Catch Up With Its Share Price
Jul 21Pinnacle West: Shares Look Fully Valued Now, But Growth Is On The Horizon
Jul 12An Intrinsic Calculation For Pinnacle West Capital Corporation (NYSE:PNW) Suggests It's 23% Undervalued
Jun 15Pinnacle West: Demand For Its Electricity Is Booming
Jun 10Here's Why Pinnacle West Capital (NYSE:PNW) Is Weighed Down By Its Debt Load
May 27Some Investors May Be Worried About Pinnacle West Capital's (NYSE:PNW) Returns On Capital
May 05Pinnacle West Capital Corporation's (NYSE:PNW) Share Price Not Quite Adding Up
Apr 19Pinnacle West: Equity Offering Dilution Offset By Credit Stabilization
Mar 26Earnings Update: Pinnacle West Capital Corporation (NYSE:PNW) Just Reported Its Full-Year Results And Analysts Are Updating Their Forecasts
Mar 01Are Investors Undervaluing Pinnacle West Capital Corporation (NYSE:PNW) By 33%?
Feb 11Here's Why Pinnacle West Capital (NYSE:PNW) Is Weighed Down By Its Debt Load
Jan 26Pinnacle West: Highest Yield Amongst Quality Utility Plays (Rating Upgrade)
Jan 12Pinnacle West Capital Corporation's (NYSE:PNW) Business Is Yet to Catch Up With Its Share Price
Dec 27Pinnacle West Capital (NYSE:PNW) Is Reinvesting At Lower Rates Of Return
Dec 12Pinnacle West: With Regulatory Problems In The Past, Nearing A Strong Entry Point
Nov 13Is Pinnacle West Capital Corporation (NYSE:PNW) Trading At A 21% Discount?
Nov 09Is Pinnacle West Capital (NYSE:PNW) Using Too Much Debt?
Sep 14Pinnacle West: Stellar Outperformance Amongst Utilities
Sep 11Pinnacle West Capital (NYSE:PNW) Might Be Having Difficulty Using Its Capital Effectively
Aug 24Are Pinnacle West Capital Investors Setting Themselves Up For A Fall?
Jun 29Pinnacle West Capital (NYSE:PNW) Has No Shortage Of Debt
Jun 12Some Investors May Be Worried About Pinnacle West Capital's (NYSE:PNW) Returns On Capital
May 26Calculating The Intrinsic Value Of Pinnacle West Capital Corporation (NYSE:PNW)
May 08Pinnacle West Capital (NYSE:PNW) Seems To Be Using A Lot Of Debt
Mar 03Pinnacle West Capital Q4 2022 Earnings Preview
Feb 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$616m |
| Jun 30 2024 | n/a | n/a | US$619m |
| Mar 31 2024 | n/a | n/a | US$522m |
| Dec 31 2023 | US$9m | US$1m | US$502m |
| Sep 30 2023 | n/a | n/a | US$478m |
| Jun 30 2023 | n/a | n/a | US$406m |
| Mar 31 2023 | n/a | n/a | US$463m |
| Dec 31 2022 | US$8m | US$1m | US$484m |
| Sep 30 2022 | n/a | n/a | US$535m |
| Jun 30 2022 | n/a | n/a | US$549m |
| Mar 31 2022 | n/a | n/a | US$600m |
| Dec 31 2021 | US$8m | US$1m | US$619m |
| Sep 30 2021 | n/a | n/a | US$572m |
| Jun 30 2021 | n/a | n/a | US$578m |
| Mar 31 2021 | n/a | n/a | US$556m |
| Dec 31 2020 | US$7m | US$1m | US$551m |
| Sep 30 2020 | n/a | n/a | US$634m |
| Jun 30 2020 | n/a | n/a | US$600m |
| Mar 31 2020 | n/a | n/a | US$550m |
| Dec 31 2019 | US$4m | US$778k | US$538m |
| Sep 30 2019 | n/a | n/a | US$500m |
| Jun 30 2019 | n/a | n/a | US$503m |
| Mar 31 2019 | n/a | n/a | US$526m |
| Dec 31 2018 | US$2m | US$575k | US$511m |
Compensation vs Market: Jeff's total compensation ($USD9.32M) is about average for companies of similar size in the US market ($USD12.74M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
CEO
Jeff Guldner (58 yo)
5yrs
Tenure
US$9,322,192
Compensation
Mr. Jeffrey B. Guldner, also known as Jeff, has been Chairman and Chief Executive Officer of Arizona Public Service Company since November 15, 2019 and served as its President since August 13, 2021 until M...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 5yrs | US$9.32m | 0.069% $ 7.1m | |
| Senior VP & CFO | 2.5yrs | US$2.65m | 0.0040% $ 413.6k | |
| Executive VP | 6.3yrs | US$2.79m | 0.0077% $ 798.3k | |
| EVP & Chief Nuclear Officer of Palo Verde Generating Station of Arizona Public Service Company | 2.8yrs | US$3.08m | 0.0051% $ 525.3k | |
| President of Arizona Public Service Company | 2.5yrs | US$3.26m | 0.014% $ 1.5m | |
| VP, Controller & Chief Accounting Officer | 5.4yrs | no data | 0.0047% $ 486.0k | |
| Manager - Corporate Finance | no data | no data | no data | |
| Director of Investor Relations | no data | no data | no data | |
| SVP of Nuclear Regulatory & Oversight of Palo Verde Generating Station for APS | less than a year | no data | no data | |
| Senior VP of Site Ops. of Palo Verde Generating Station for Arizona Public Service Company | less than a year | no data | no data | |
| Assistant VP & Corporate Secretary | no data | no data | no data | |
| VP & Treasurer | less than a year | no data | no data |
2.5yrs
Average Tenure
53yo
Average Age
Experienced Management: PNW's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 5.3yrs | US$9.32m | 0.069% $ 7.1m | |
| Independent Director | 10.8yrs | US$298.78k | 0.0075% $ 772.5k | |
| Independent Director | less than a year | no data | 0.00066% $ 68.3k | |
| Independent Director | 24.8yrs | US$328.40k | 0.034% $ 3.5m | |
| Independent Director | 4.8yrs | US$265.63k | 0.00047% $ 48.6k | |
| Independent Director | 5.9yrs | US$283.87k | 0.00077% $ 79.6k | |
| Independent Director | 3.8yrs | US$275.62k | 0.0025% $ 258.5k | |
| Director | less than a year | no data | 0.000090% $ 9.3k | |
| Independent Lead Director | 8.1yrs | US$301.86k | 0.0067% $ 689.7k | |
| Independent Director | 2.8yrs | US$263.92k | 0.0024% $ 245.1k | |
| Independent Director | 1.8yrs | US$292.99k | 0.0024% $ 249.2k | |
| Independent Director | less than a year | no data | 0.0012% $ 128.2k |
4.3yrs
Average Tenure
65yo
Average Age
Experienced Board: PNW's board of directors are considered experienced (4.3 years average tenure).