ppl corporation (PPL) Key Developments
PPL Corporation Names Armando Zagalo De Lima to its Board of Directors, Effective July 3, 2014
Jul 2 14
PPL Corporation announced that Armando Zagalo de Lima has been elected to the board of directors, effective July 3, 2014. Zagalo de Lima, who has served Xerox in a number of key positions since 1983, will be retiring from Xerox at the end of this year. From 2010 to 2012, he served as Xerox president of Global Customer Operations, with responsibility for worldwide sales, service and customer administration activities for Xerox's document technology, services and solutions. Prior to this role, Zagalo de Lima led Xerox Europe from 2001 to 2010, serving as chief operating officer and then president, driving business activity in nearly 20 countries.
PPL Corporation Reaffirms Earnings Guidance for 2014
Jun 25 14
PPL Corporation reaffirmed earnings guidance for 2014. The company is maintaining its 2014 forecast of $2.15 to $2.30 per share in earnings from ongoing operations. The forecast for reported earnings is a range of $1.84 to $1.99 per share, reflecting special items recorded in the first quarter.
PPL Corporation Announces Executive Changes
Jun 12 14
On June 9, 2014, PPL Corporation, Talen Energy Holdings Inc., Talen Energy Corporation, PPL Energy Supply, LLC, Raven Power Holdings LLC, C/R Energy Jade, LLC, and Sapphire Power Holdings LLC entered into a Separation Agreement. Mr. Paul A. Farr resigned as Executive Vice President and Chief Financial Officer of PPL. The Board of Directors of PPL elected Vincent Sorgi, age 42, to be Senior Vice President and Chief Financial Officer of PPL. In connection with his new appointment, Mr. Sorgi resigned as Vice President and Controller of PPL, and the Board also elected Stephen K. Breininger, age 40, to succeed Mr. Sorgi as Controller of PPL. The changes are effective on June 10, 2014.
PPL Corp. Maintains Earnings Guidance for 2014 and Provides Earnings Guidance for 2015
Jun 11 14
PPL Corp. announced that it is maintaining 2014 guidance of $2.15 to $2.30 per share.
The company announced 2015 earnings guidance of $2.05 to $2.25 per share.
PPL Corporation, Riverstone Holdings LLC - M&A Call
Jun 10 14
To discuss definitive agreement to combine the company's and Riverstone Holdings LLC's merchant power generation businesses into a new stand-alone, publicly traded Independent Power Producer