PPL Corporation announces upcoming retirement of Executive Vice President and COO Fran Sullivan and corresponding organizational changes
PPL (NYSE: PPL) announced organizational changes following the retirement of EVP and COO Francis X. Sullivan, effective April 4. The company will eliminate the Chief Operating Officer role, with Sullivan's responsibilities being split between two executives: David J. Bonenberger, who will become EVP and Chief Operating Officer-Utilities, and Lonnie Bellar, who will become EVP of Engineering, Construction and Generation. Both will report directly to CEO Vincent Sorgi.
Bonenberger, who joined PPL Electric Utilities in 1984, currently oversees utility operations and customer service across PPL's utilities in Pennsylvania, Kentucky, Rhode Island and Virginia. Bellar, who joined Kentucky Utilities in 1987, manages enterprise-wide engineering, construction services, energy supply, and environmental compliance. With this reorganization, Bellar will also assume responsibility for PPL's Kentucky generation fleet.
PPL (NYSE: PPL) ha annunciato cambiamenti organizzativi a seguito del pensionamento di Francis X. Sullivan, EVP e COO, effettivo dal 4 aprile. L'azienda eliminerà il ruolo di Chief Operating Officer, con le responsabilità di Sullivan suddivise tra due dirigenti: David J. Bonenberger, che diventerà EVP e Chief Operating Officer-Utilities, e Lonnie Bellar, che diventerà EVP di Ingegneria, Costruzione e Generazione. Entrambi riporteranno direttamente al CEO Vincent Sorgi.
Bonenberger, che è entrato a far parte di PPL Electric Utilities nel 1984, attualmente sovrintende le operazioni utilitarie e il servizio clienti nelle utility di PPL in Pennsylvania, Kentucky, Rhode Island e Virginia. Bellar, entrato in Kentucky Utilities nel 1987, gestisce i servizi ingegneristici, le costruzioni, la fornitura di energia e la conformità ambientale a livello aziendale. Con questa riorganizzazione, Bellar assumerà anche la responsabilità della flotta di generazione del Kentucky di PPL.
PPL (NYSE: PPL) anunció cambios organizativos tras la jubilación de Francis X. Sullivan, EVP y COO, a partir del 4 de abril. La compañía eliminará el rol de Chief Operating Officer, y las responsabilidades de Sullivan se dividirán entre dos ejecutivos: David J. Bonenberger, quien será EVP y Chief Operating Officer-Utilities, y Lonnie Bellar, quien será EVP de Ingeniería, Construcción y Generación. Ambos reportarán directamente al CEO Vincent Sorgi.
Bonenberger, quien se unió a PPL Electric Utilities en 1984, supervisa actualmente las operaciones de servicios públicos y el servicio al cliente en las utilidades de PPL en Pennsylvania, Kentucky, Rhode Island y Virginia. Bellar, quien se unió a Kentucky Utilities en 1987, gestiona la ingeniería empresarial, los servicios de construcción, el suministro de energía y el cumplimiento ambiental. Con esta reorganización, Bellar también asumirá la responsabilidad de la flota de generación de PPL en Kentucky.
PPL (NYSE: PPL)는 4월 4일 부로 EVP이자 COO인 Francis X. Sullivan의 은퇴 후 조직 개편을 발표했습니다. 회사는 COO 직위를 폐지하며, Sullivan의 책임은 두 명의 경영진 사이에 나누어집니다: David J. Bonenberger, 유틸리티 분야의 EVP 및 Chief Operating Officer로 취임할 것이며, Lonnie Bellar, 엔지니어링, 건설 및 발전 분야의 EVP가 될 것입니다. 두 사람 모두 CEO Vincent Sorgi에게 직접 보고할 것입니다.
Bonenberger는 1984년 PPL Electric Utilities에 입사하여 현재 Pennsylvania, Kentucky, Rhode Island 및 Virginia의 PPL 유틸리티에서 유틸리티 운영 및 고객 서비스를 감독하고 있습니다. Bellar는 1987년 Kentucky Utilities에 입사하여 기업 전반의 엔지니어링, 건설 서비스, 에너지 공급 및 환경 규정을 관리하고 있습니다. 이번 재편성으로 Bellar는 PPL의 Kentucky 발전 플릿에 대한 책임도 맡게 됩니다.
PPL (NYSE: PPL) a annoncé des changements organisationnels suivant la retraite de Francis X. Sullivan, EVP et COO, à compter du 4 avril. L'entreprise supprimera le poste de directeur des opérations, et les responsabilités de Sullivan seront réparties entre deux dirigeants : David J. Bonenberger, qui deviendra EVP et directeur des opérations - Utilities, et Lonnie Bellar, qui deviendra EVP d'Ingénierie, de Construction et de Production. Les deux rapporteront directement au PDG Vincent Sorgi.
Bonenberger, qui a rejoint PPL Electric Utilities en 1984, supervise actuellement les opérations de services publics et le service à la clientèle dans les utilités de PPL en Pennsylvanie, Kentucky, Rhode Island et Virginie. Bellar, qui a rejoint Kentucky Utilities en 1987, gère les services d'ingénierie, de construction, d'approvisionnement énergétique et de conformité environnementale à l'échelle de l'entreprise. Avec cette réorganisation, Bellar assumera également la responsabilité de la flotte de production de PPL au Kentucky.
PPL (NYSE: PPL) hat organisatorische Änderungen bekannt gegeben, nachdem EVP und COO Francis X. Sullivan am 4. April in den Ruhestand geht. Das Unternehmen wird die Position des Chief Operating Officer abschaffen, und Sulivans Verantwortlichkeiten werden zwischen zwei Führungskräften aufgeteilt: David J. Bonenberger, der EVP und Chief Operating Officer-Utilities werden wird, und Lonnie Bellar, der EVP für Ingenieurwesen, Bau und Erzeugung wird. Beide berichten direkt an den CEO Vincent Sorgi.
Bonenberger, der 1984 zu PPL Electric Utilities kam, überwacht gegenwärtig die Versorgungsbetriebe und den Kundenservice in den PPL-Versorgungsunternehmen in Pennsylvania, Kentucky, Rhode Island und Virginia. Bellar, der 1987 zu Kentucky Utilities gekommen ist, leitet die unternehmensweite Ingenieur-, Bau-, Energieversorgungs- und Umweltkonformitätsprogramme. Mit dieser Umstrukturierung wird Bellar auch die Verantwortung für die Erzeugungsflotte von PPL in Kentucky übernehmen.
- Streamlined organizational structure with direct reporting to CEO
- Leadership transition maintains continuity with experienced executives (80 years combined utility experience)
- Consolidation of operations may improve operational efficiency
- Loss of experienced COO with 40+ years industry expertise
- Potential execution risks during leadership transition
- Increased span of control for remaining executives may impact operational oversight
Also effective April 4,
"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
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.
About PPL
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SOURCE PPL Services Corporation
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