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...

Current Market Cap

$25.19B

Number of Employees

6.63K

Total Compensation

2020 - 2023

Trending up by 487.65% last year
Showing total compensation for the last 2020 - 2023

Stock

Up by 0.00% last year

Salary

Up by 3.00% last year

Bonus

Up by 0.00% last year

Other

Down by -16.18% last year

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.

SEC Filing

From April 3, 2024