PPL Corporation (NYSE:PPL) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On January 25, 2019, the Board of Directors of PPL Corporation (“PPL” or the “Company”) appointed Marlene C. Beers, 47, Vice President and Controller of the Company, effective March 1, 2019. As part of the Company’s senior leadership development, Ms. Beers is exchanging positions with Stephen K. Breininger who has served as PPL’s Controller since June 2014 and will become Vice President of Finance and Regulatory Affairs for PPL Electric Utilities Corporation (“PPL Electric”) on March 1, 2019.
Ms. Beers has served as Vice President of Finance and Regulatory Affairs for PPL Electric since January 2016. Prior to joining PPL, Ms. Beers worked for 20 years in a variety of finance and accounting positions with Air Products and Chemicals, Inc. (“Air Products”) of Allentown, Pennsylvania, most recently from October 2014 to December 2015 as Controller of Air Products’ Americas Industrial Gases Segment. Prior to that, Ms. Beers served from September 2012 to September 2014 as Controller of Air Products’ global Supply Chain, and from July 2011 to August 2012 as Controller of Air Products’ Global Liquid Bulk, Generated Gases and Helium Division. Prior to joining Air Products in 1995, Ms. Beers was a Senior Auditor for KPMG US LLP.
About PPL Corporation (NYSE:PPL)
PPL Corporation (PPL) is a utility holding company. Through its subsidiaries, PPL delivers electricity to customers in the United Kingdom, Pennsylvania, Kentucky, Virginia and Tennessee; delivers natural gas to customers in Kentucky, and generates electricity from power plants in Kentucky. It operates through three segments: U.K. Regulated Segment, Kentucky Regulated Segment and Pennsylvania Regulated Segment. The U.K. Regulated Segment comprises PPL Global, which includes PPL WPD Limited and its subsidiaries’ regulated electricity distribution operations, among others. The Kentucky Regulated segment consists of the operations of LG&E and KU Energy LLC, a subsidiary of PPL, which owns and operates regulated public utilities engaged in the generation, transmission, distribution and sale of electricity and distribution and sale of natural gas. The Pennsylvania Regulated segment consists of the operations of PPL Electric Utilities Corporation, which distributes and transmits electricity.
