PPL Management
Management criteria checks 3/4
PPL's CEO is Vince Sorgi, appointed in Jul 2019, has a tenure of 4.75 years. total yearly compensation is $11.97M, comprised of 10% salary and 90% bonuses, including company stock and options. directly owns 0.044% of the company’s shares, worth $8.80M. The average tenure of the management team and the board of directors is 3 years and 8 years respectively.
Key information
Vince Sorgi
Chief executive officer
US$12.0m
Total compensation
| CEO salary percentage | 10.0% |
| CEO tenure | 4.8yrs |
| CEO ownership | 0.04% |
| Management average tenure | 3yrs |
| Board average tenure | 8yrs |
Recent management updates
Recent updates
Market Participants Recognise PPL Corporation's (NYSE:PPL) Earnings
Apr 18
PPL Corporation: A Bright Outlook And Good Entry Point, Buy
Apr 03PPL (NYSE:PPL) Has A Somewhat Strained Balance Sheet
Mar 20Is Now The Time To Look At Buying PPL Corporation (NYSE:PPL)?
Feb 11Capital Allocation Trends At PPL (NYSE:PPL) Aren't Ideal
Dec 13PPL Corporation's Geographic Footprint Limits Upside
Dec 06PPL Corporation (NYSE:PPL) Shares Could Be 34% Above Their Intrinsic Value Estimate
Nov 29PPL (NYSE:PPL) Seems To Be Using A Lot Of Debt
Nov 03At US$23.82, Is It Time To Put PPL Corporation (NYSE:PPL) On Your Watch List?
Oct 20PPL: A Similar Story Again
Sep 25PPL's (NYSE:PPL) Returns On Capital Not Reflecting Well On The Business
Sep 06Does This Valuation Of PPL Corporation (NYSE:PPL) Imply Investors Are Overpaying?
Aug 22PPL (NYSE:PPL) Use Of Debt Could Be Considered Risky
Jul 17PPL: A Growth-Rich Utility, But Near Fair Value, Neutral Chart
Jul 13When Should You Buy PPL Corporation (NYSE:PPL)?
Jun 26PPL's (NYSE:PPL) Returns On Capital Tell Us There Is Reason To Feel Uneasy
May 23Does PPL (NYSE:PPL) Have A Healthy Balance Sheet?
Mar 13PPL: Investors Seem Unconvinced By Business Transformation
Feb 21PPL's (NYSE:PPL) Upcoming Dividend Will Be Larger Than Last Year's
Feb 20PPL Corporation: Still Not Electrified After A Reasonable 2022
Feb 13At US$29.60, Is PPL Corporation (NYSE:PPL) Worth Looking At Closely?
Feb 01PPL Corp. stocks extends gains on report of activist Elliott stake in utility
Jan 11PPL (NYSE:PPL) Could Be Struggling To Allocate Capital
Jan 11PPL promotes Francis Sullivan to COO
Jan 05A Look At The Intrinsic Value Of PPL Corporation (NYSE:PPL)
Dec 27PPL Corporation: Pricey Safety, It's A 'Hold' Here
Dec 07Is PPL (NYSE:PPL) Using Too Much Debt?
Nov 24PPL Q3 2022 Earnings Preview
Nov 03Be Wary Of PPL (NYSE:PPL) And Its Returns On Capital
Oct 07PPL agrees to divest Safari Holdings
Sep 30PPL: A Steady Utility With Upside Earnings Growth, But A Pricey Stock
Sep 23PPL declares $0.225 dividend
Aug 26Calculating The Intrinsic Value Of PPL Corporation (NYSE:PPL)
Aug 13PPL Corp. gains on activist speculation following 13-F filing
Aug 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$12m | US$1m | US$739m |
| Sep 30 2023 | n/a | n/a | US$773m |
| Jun 30 2023 | n/a | n/a | US$717m |
| Mar 31 2023 | n/a | n/a | US$724m |
| Dec 31 2022 | US$9m | US$1m | US$713m |
| Sep 30 2022 | n/a | n/a | US$708m |
| Jun 30 2022 | n/a | n/a | US$743m |
| Mar 31 2022 | n/a | n/a | US$88m |
| Dec 31 2021 | US$11m | US$1m | US$18m |
| Sep 30 2021 | n/a | n/a | US$41m |
| Jun 30 2021 | n/a | n/a | -US$51m |
| Mar 31 2021 | n/a | n/a | US$638m |
| Dec 31 2020 | US$8m | US$988k | US$639m |
| Sep 30 2020 | n/a | n/a | US$839m |
| Jun 30 2020 | n/a | n/a | US$1b |
| Mar 31 2020 | n/a | n/a | US$1b |
| Dec 31 2019 | US$5m | US$645k | US$735m |
| Sep 30 2019 | n/a | n/a | US$2b |
| Jun 30 2019 | n/a | n/a | US$2b |
| Mar 31 2019 | n/a | n/a | US$2b |
| Dec 31 2018 | US$3m | US$565k | US$2b |
| Sep 30 2018 | n/a | n/a | US$1b |
| Jun 30 2018 | n/a | n/a | US$1b |
| Mar 31 2018 | n/a | n/a | US$1b |
| Dec 31 2017 | US$4m | US$549k | US$1b |
Compensation vs Market: Vince's total compensation ($USD11.97M) is about average for companies of similar size in the US market ($USD13.51M).
Compensation vs Earnings: Vince's compensation has increased by more than 20% in the past year.
CEO
Vince Sorgi (51 yo)
4.8yrs
Tenure
US$11,969,556
Compensation
Mr. Vincent Sorgi, also known as Vince, has been the Chief Executive Officer at PPL Corporation since June 01, 2020 and has been its Director since May 13, 2020. He serves as a Director of Kentucky Utiliti...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.8yrs | US$11.97m | 0.044% $ 8.8m | |
| Executive VP & CFO | 4.8yrs | US$4.68m | 0.014% $ 2.7m | |
| Executive VP & COO | 1.3yrs | US$2.65m | 0.00010% $ 20.1k | |
| Executive VP - Utilities | 3yrs | US$2.89m | 0.0028% $ 554.6k | |
| Chief Development Officer | less than a year | US$1.91m | 0.0028% $ 568.7k | |
| Executive VP and Chief Technology & Innovation Officer | less than a year | no data | no data | |
| VP & Chief Information and Digital Officer of PPL Services Corporation | no data | no data | no data | |
| Vice President of Investor Relations | 4.8yrs | no data | no data | |
| VP & Global Chief Compliance Officer | 6.3yrs | no data | no data | |
| Senior Director of Corporate Communications | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | 2.3yrs | no data | 0.0017% $ 333.6k | |
| VP & Chief Information Security Officer | no data | no data | no data |
3.0yrs
Average Tenure
54yo
Average Age
Experienced Management: PPL's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.9yrs | US$11.97m | 0.044% $ 8.8m | |
| Independent Director | 9.8yrs | US$295.00k | no data | |
| Independent Director | 2.5yrs | US$280.00k | no data | |
| Independent Director | 6.3yrs | US$305.00k | no data | |
| Independent Chair of the Board | 18.6yrs | US$462.60k | no data | |
| Independent Director | 3.5yrs | US$310.00k | no data | |
| Independent Director | 14.3yrs | US$299.00k | no data | |
| Independent Director | 1.3yrs | US$268.13k | no data | |
| Independent Director | 18.6yrs | US$285.00k | no data | |
| Independent Director | 12.8yrs | US$275.00k | no data |
8.0yrs
Average Tenure
65yo
Average Age
Experienced Board: PPL's board of directors are considered experienced (8 years average tenure).