Sundar PichaiSundar Pichai earned $164M in 2023
P

Vincent Sorgi

CEO of PPL

Education

Bachelor's degree in Business Administration from the University of Delaware

Field of Expertise

Business & Management

Born

January 1, 1972 - 53 years ago

Economy Sector

Utilities

Current Tenure

4 years 9 months (Jun 2020 - Present)

Previous Experience

President and Chief Operating Officer of PPL Corporation

Vincent Sorgi has been leading PPL Corporation as its President and CEO since June 1, 2020. His journey at PPL began in 2006, starting as the financial director for PPL Generation. Over the years, he climbed the ranks from Vice...

Year

2023

Total Compensation

$7.65M

Salary

$1.20M

Board Justification

PPL Corporation's compensation philosophy is designed to attract, incentivize, and retain key employees while aligning pay with performance and shareholder interests.

Bonus

$0.00

Board Justification

No bonus was awarded in 2023.

Other

$112.85K

Board Justification

Includes contributions made by the company under the charitable matching gift program, residential security updates, and other benefits.

Restricted Stock

$6.33M(233.25K RSU)

Board Justification

The number of shares acquired during 2023 upon the vesting of restricted stock units and the deemed vesting of performance units.

Performance Metrics

The performance metrics for 2023 included corporate earnings per share from ongoing operations, Transition Services Agreement execution, corporate and business segment operational goals, and individual performance.