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 4.5 years. total yearly compensation is $9.32M, comprised of 12.1% salary and 87.9% bonuses, including company stock and options. directly owns 0.053% of the company’s shares, worth $4.77M. The average tenure of the management team and the board of directors is 2.2 years and 5.1 years respectively.
Key information
Jeff Guldner
Chief executive officer
US$9.3m
Total compensation
| CEO salary percentage | 12.1% |
| CEO tenure | 4.5yrs |
| CEO ownership | 0.05% |
| Management average tenure | 2.2yrs |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
Pinnacle West Capital Corporation's (NYSE:PNW) Share Price Not Quite Adding Up
Apr 19
Pinnacle 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 24Pinnacle West Capital (NYSE:PNW) Will Be Hoping To Turn Its Returns On Capital Around
Feb 15Making Money With Pinnacle West When Everything Is Going Wrong
Feb 10Estimating The Intrinsic Value Of Pinnacle West Capital Corporation (NYSE:PNW)
Jan 05Pinnacle West: Bare-Bones Upside, Time For Some Calls
Jan 03Pinnacle West Capital declares $0.865 dividend
Dec 14Pinnacle West Capital (NYSE:PNW) Has No Shortage Of Debt
Nov 22Pinnacle West Capital GAAP EPS of $2.88 beats by $0.28, revenue of $1.47B beats by $160M
Nov 03Pinnacle West Capital's (NYSE:PNW) Returns On Capital Not Reflecting Well On The Business
Oct 31Pinnacle West Capital to raise dividend by ~2% to $0.865/share
Oct 21Pinnacle West - From Cheap To Overvalued Again
Aug 15Is Pinnacle West Capital (NYSE:PNW) Using Too Much Debt?
Aug 14Pinnacle West Capital Q2 2022 Earnings Preview
Aug 02Pinnacle West Capital (NYSE:PNW) Is Reinvesting At Lower Rates Of Return
Jul 28Pinnacle West - Starting To Look Expensive Due To Muted Earnings
Jun 01Is Pinnacle West Capital (NYSE:PNW) Using Too Much Debt?
May 16The Returns On Capital At Pinnacle West Capital (NYSE:PNW) Don't Inspire Confidence
Apr 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD8.39M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
CEO
Jeff Guldner (57 yo)
4.5yrs
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 | 4.5yrs | US$9.32m | 0.053% $ 4.8m | |
| Senior VP & CFO | 2yrs | US$2.65m | 0.0032% $ 288.5k | |
| Executive VP | 5.8yrs | US$2.79m | 0.0092% $ 835.7k | |
| EVP & Chief Nuclear Officer of Palo Verde Generating Station of Arizona Public Service Company | 2.3yrs | US$3.08m | 0.0047% $ 425.6k | |
| President of Arizona Public Service Company | 2yrs | US$3.26m | 0.010% $ 941.9k | |
| VP, Controller & Chief Accounting Officer | 4.9yrs | no data | 0.0038% $ 343.9k | |
| 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 | |
| VP of Finance & Treasurer | 2yrs | no data | 0.0036% $ 323.9k | |
| Assistant VP & Corporate Secretary | no data | no data | no data | |
| Executive Vice President of Operations for Arizona Public Service Company | 3.3yrs | US$1.59m | 0.0082% $ 745.0k |
2.2yrs
Average Tenure
50.5yo
Average Age
Experienced Management: PNW's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 4.8yrs | US$9.32m | 0.053% $ 4.8m | |
| Independent Director | 10.3yrs | US$298.78k | 0.0069% $ 625.2k | |
| Independent Director | 24yrs | US$294.55k | 0.014% $ 1.3m | |
| Independent Director | 24.3yrs | US$328.40k | 0.030% $ 2.7m | |
| Independent Director | 4.3yrs | US$265.63k | 0.00043% $ 39.0k | |
| Independent Director | 5.4yrs | US$283.87k | 0.00071% $ 64.4k | |
| Independent Director | 3.3yrs | US$275.62k | 0.0023% $ 209.6k | |
| Independent Lead Director | 7.6yrs | US$301.86k | 0.0062% $ 558.9k | |
| Independent Director | 2.3yrs | US$271.41k | 0.0022% $ 198.7k | |
| Independent Director | 1.3yrs | no data | 0.0022% $ 201.4k |
5.1yrs
Average Tenure
65yo
Average Age
Experienced Board: PNW's board of directors are considered experienced (5.1 years average tenure).