William F. Hecht served as the CEO of PPL Corporation, leading the company during a crucial time when it was expanding its operations and enhancing its services in the energy sector. He has a solid engineering background, having earned a...
William F. Hecht served as the CEO of PPL Corporation, leading the company during a crucial time when it was expanding its operations and enhancing its services in the energy sector. He has a solid engineering background, having earned a Bachelor's degree in Electrical Engineering from the University of Pennsylvania. Notably, Hecht's compensation peaked at over $5.9 million in 2006, driven largely by performance-based bonuses and stock units that reflected the company's financial success. His insider trading activity showed a steep increase in stock sales with values reaching up to $5.89 million recently, indicating a strategic management of his wealth during his tenure. Throughout his leadership, he was known to closely align his financial interests with PPL Corporation's performance, boosting investor confidence. Interestingly, he announced plans to retire in 2006, making this period a pivotal transition for the company as it prepared for new leadership under James H. Miller. Hecht's journey reflects a blend of technical expertise and business acumen that defined his time at the helm of PPL Corporation.