ALLENTOWN, Pa., Jan. 14,
2025 /PRNewswire/ -- PPL Corporation (NYSE: PPL)
today announced the elimination of its Chief Operating Officer role
effective April 4, at which time
current EVP and COO Francis X.
Sullivan will retire.
Also effective April 4, Sullivan's
responsibilities will be assumed by David
J. Bonenberger, who will become Executive Vice President and
Chief Operating Officer-Utilities and Lonnie Bellar, who will become Executive Vice
President of Engineering, Construction and Generation, with both
executives reporting to PPL President and Chief Executive Officer
Vincent Sorgi.
"On behalf of our Board of Directors and the entire leadership
team at PPL, I thank Fran for his tremendous leadership and
transformation of our operations and safety functions over the past
two years. Fran's leadership has been invaluable in the
design and execution of our utility of the future and OnePPL
strategies," said Sorgi.
"Looking forward, I am confident that both Dave and Lonnie, who
have nearly 80 years of combined utility experience, will continue
to build on the progress we've made as we advance our strategy to
create utilities that are smarter, stronger, cleaner and better
positioned to deliver even greater value for our customers and
shareowners."
Bonenberger and Bellar both currently report to Sullivan.
Bonenberger is responsible for utility operations and customer
service across all of PPL's utilities in Pennsylvania, Kentucky, Rhode
Island and Virginia. Bellar
is responsible for enterprise-wide engineering and construction
services, energy supply and analysis, and environmental compliance.
With the elimination of the enterprise-wide COO role, Bellar will
also assume responsibility over PPL's Kentucky generation fleet.
Both Bonenberger and Bellar began their energy careers in the
1980s — Bonenberger joining PPL Electric Utilities in 1984 and
Bellar joining Kentucky Utilities in 1987. Prior to their most
recent roles, Bonenberger served as President of Rhode Island
Energy, a subsidiary of PPL, and Bellar served as COO for LG&E
and KU Energy, also a subsidiary of PPL.
Sullivan has served as PPL's EVP and COO since January 2023. Prior to joining PPL in
October 2021, he served as a senior
operations advisor and independent consultant for the power sector
and spent more than 40 years in a variety of leadership roles with
some of the biggest names in the energy industry, including NRG
Energy and Public Service Enterprises Group.
About PPL
PPL Corporation (NYSE: PPL), headquartered
in Allentown, Pennsylvania, is a
leading U.S. energy company focused on providing electricity and
natural gas safely, reliably and affordably to more than 3.5
million customers in the U.S. PPL's high-performing, award-winning
utilities are addressing energy challenges head-on by building
smarter, more resilient and more dynamic power grids and advancing
sustainable energy solutions. For more information, visit
www.pplweb.com.
Note to Editors: Visit our media website at www.pplnewsroom.com
for additional news about PPL Corporation.
Contacts:
|
For news media: Ryan
Hill, 610-774-4033
|
|
For financial analysts:
Andy Ludwig, 610-774-3389
|
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SOURCE PPL Services Corporation