Donald E. Brandt has been at the helm of Pinnacle West Capital Corporation since March 2008, serving as both President and CEO of the company and its subsidiary, Arizona Public Service Company. Under his leadership, Brandt has overseen significant developments,...
Donald E. Brandt has been at the helm of Pinnacle West Capital Corporation since March 2008, serving as both President and CEO of the company and its subsidiary, Arizona Public Service Company. Under his leadership, Brandt has overseen significant developments, including a notable peak in his compensation in 2019 at around $12.25 million, driven largely by performance-based incentives. He has navigated the company through various business challenges and focused on aligning executive pay with company performance, establishing a compensation philosophy that emphasizes risk and reward based on measurable results. Interestingly, Brandt has a history of making substantial insider trades, notably reaching a trading value of up to $8.11 million in early 2020. His trading activity has reflected both confidence in the company and an evolving strategy during his tenure. Beyond his financial dealings and corporate decisions, Brandt is recognized for spearheading organizational change, ensuring that the company meets its succession planning and leadership development goals. He retired in late 2019 but left a marked legacy regarding executive compensation and performance alignment.