{"id":450150,"date":"2021-03-03T17:11:15","date_gmt":"2021-03-03T22:11:15","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=450150"},"modified":"2021-03-03T17:11:15","modified_gmt":"2021-03-03T22:11:15","slug":"pinnacle-west-adds-seasoned-utility-executive-to-its-board-of-directors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pinnacle-west-adds-seasoned-utility-executive-to-its-board-of-directors\/","title":{"rendered":"Pinnacle West Adds Seasoned Utility Executive to Its Board of Directors"},"content":{"rendered":"

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Pinnacle West Adds Seasoned Utility Executive to Its Board of Directors<\/b><\/p>\n

PHOENIX–(BUSINESS WIRE<\/a>)–
\nThe board of directors of Pinnacle West Capital Corp.<\/a> (NYSE: PNW) announced today that William H. Spence has been elected to the Pinnacle West board effective Feb. 26, 2021. Spence recently retired as Chairman of the Board from PPL Corp., an energy holding company based in Allentown, Pa.\n<\/p>\n

\n\u201cAs the former chief executive of a Fortune 200 company and one of the largest investor-owned utility companies in the U.S., Bill brings significant strategic and operating experience in the energy industry,\u201d said Pinnacle West Chairman, President and Chief Executive Officer Jeff Guldner<\/a>. \u201cHe has a broad understanding of the evolving issues facing our industry, including regulatory strategy and customer experience. That knowledge and perspective will benefit our company and the electricity customers served by Arizona Public Service<\/a>, our largest subsidiary.\u201d\n<\/p>\n

\nPrior to being PPL\u2019s Chairman, Spence retired as a full-time PPL employee in June 2020 after serving as Chairman, President and CEO of the company since 2012. He was CEO, President and Chief Operating officer during the 2006-2011 period. As CEO, he focused on operational excellence with numerous initiatives to improve asset management, customer service, reliability and safety. Before joining PPL in June 2006, Spence had 19 years of service with Pepco Holdings, Inc. and its heritage companies.\n<\/p>\n

\nSpence brings significant public board experience, both from his role as Chairman of PPL (NYSE: PPL) and as a director of the Williams Companies, Inc. (NYSE: WMB), a Fortune 500 energy infrastructure company headquartered in Tulsa, Okla.\n<\/p>\n

\nHe earned a bachelor\u2019s degree in petroleum and natural gas engineering from Pennsylvania State University and a Master of Business Administration from Bentley College. Spence is also a graduate of the Executive Development Program at the University of Pennsylvania\u2019s Wharton School and the Nuclear Technology Program of the Massachusetts Institute of Technology.\n<\/p>\n

\nSpence previously served on Edison Electric Institute\u2019s Executive Committee and was a board member of the Electric Power Research Institute, Nuclear Energy Institute, the Institute of Nuclear Power Operators, the U.S. Council for International Business, CEO Action for Diversity & Inclusion, and the National Nuclear Accrediting Board. He also has been deeply involved in his local communities, serving on the boards of the United Way, Lafayette College, Lehigh Valley Health Network, the Allentown Symphony and the Valley Youth House.\n<\/p>\n

Pinnacle West Capital Corp.<\/a>, an energy holding company based in Phoenix, has consolidated assets of approximately $20 billion, about 6,300 megawatts of generating capacity, and slightly more than 6,000 employees in Arizona and New Mexico. Through its principal subsidiary, Arizona Public Service<\/a>, the company provides retail electricity service to more than 1.3 million Arizona homes and businesses. For more information about Pinnacle West, visit the company\u2019s website at pinnaclewest.com<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210303005996\/en\/<\/a><\/span><\/p>\n

\nMedia Contact: Alan Bunnell (602) 250-3376
\n
Analyst Contact: Stefanie Layton (602) 250-4541
\n
Website: pinnaclewest.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Arizona<\/p>\n

INDUSTRY KEYWORDS:<\/b> Utilities Energy<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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Pinnacle West Adds Seasoned Utility Executive to Its Board of Directors PHOENIX–(BUSINESS WIRE)– The board of directors of Pinnacle West Capital Corp. (NYSE: PNW) announced today that William H. Spence has been elected to the Pinnacle West board effective Feb. 26, 2021. Spence recently retired as Chairman of the Board from PPL Corp., an energy holding company based in Allentown, Pa. \u201cAs the former chief executive of a Fortune 200 company and one of the largest investor-owned utility companies in the U.S., Bill brings significant strategic and operating experience in the energy industry,\u201d said Pinnacle West Chairman, President and Chief Executive Officer Jeff Guldner. \u201cHe has a broad understanding of the evolving issues facing our industry, including regulatory strategy and … <\/p>\n

Continue reading “Pinnacle West Adds Seasoned Utility Executive to Its Board of Directors”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-450150","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPinnacle West Adds Seasoned Utility Executive to Its Board of Directors - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pinnacle-west-adds-seasoned-utility-executive-to-its-board-of-directors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pinnacle West Adds Seasoned Utility Executive to Its Board of Directors - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Pinnacle West Adds Seasoned Utility Executive to Its Board of Directors PHOENIX–(BUSINESS WIRE)– The board of directors of Pinnacle West Capital Corp. (NYSE: PNW) announced today that William H. Spence has been elected to the Pinnacle West board effective Feb. 26, 2021. Spence recently retired as Chairman of the Board from PPL Corp., an energy holding company based in Allentown, Pa. \u201cAs the former chief executive of a Fortune 200 company and one of the largest investor-owned utility companies in the U.S., Bill brings significant strategic and operating experience in the energy industry,\u201d said Pinnacle West Chairman, President and Chief Executive Officer Jeff Guldner. \u201cHe has a broad understanding of the evolving issues facing our industry, including regulatory strategy and … Continue reading "Pinnacle West Adds Seasoned Utility Executive to Its Board of Directors"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/pinnacle-west-adds-seasoned-utility-executive-to-its-board-of-directors\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-03T22:11:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210303005996r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pinnacle-west-adds-seasoned-utility-executive-to-its-board-of-directors\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pinnacle-west-adds-seasoned-utility-executive-to-its-board-of-directors\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Pinnacle West Adds Seasoned Utility Executive to Its Board of Directors\",\"datePublished\":\"2021-03-03T22:11:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pinnacle-west-adds-seasoned-utility-executive-to-its-board-of-directors\\\/\"},\"wordCount\":504,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pinnacle-west-adds-seasoned-utility-executive-to-its-board-of-directors\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20210303005996r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pinnacle-west-adds-seasoned-utility-executive-to-its-board-of-directors\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pinnacle-west-adds-seasoned-utility-executive-to-its-board-of-directors\\\/\",\"name\":\"Pinnacle West Adds Seasoned Utility Executive to Its Board of Directors - 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