PPL Corp 8-K, filed Oct 12, 2021
PPL Corp (PPL)
8-K
2021-10-12
For: 2021-10-07
View Original
Added on
April 11, 2026
About this 8-K
PPL Corp filed this 8-K on October 12, 2021, reporting on events of October 7, 2021.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 7, 2021
Commission File Number | Registrant; State of Incorporation; Address and Telephone Number | IRS Employer Identification No. | |||||||||||||||
| (Exact name of Registrant as specified in its charter) | |||||||||||||||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol: | Name of each exchange on which registered | ||||||
Junior Subordinated Notes of PPL Capital Funding, Inc. | ||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Section 5 - Corporate Governance and Management
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Election of Director
On October 7, 2021, the Board of Directors ("Board") of PPL Corporation ("PPL" or the "Company") elected Heather B. Redman a director of the Company, effective October 11, 2021.
Ms. Redman has served as a Managing Partner of Flying Fish Partners since 2016. Flying Fish Partners is a venture capital firm investing in early stage artificial intelligence and machine learning startups, including energy-related applications. From 2014 to 2017 Ms. Redman served as the Vice President of Business Operations of Indix Corporation, a big data artificial intelligence firm. From 2001 to 2014, she served as Principal and Senior Vice President of Summit Power Group, leading projects involving utility scale wind and solar clean energy, as well as new natural gas plants. In addition, Ms. Redman holds a J.D. with distinction from Stanford Law School. Ms. Redman will serve on the Audit Committee and the Finance Committee of the Board. The Board has determined that Ms. Redman satisfies the requirements for "independence" as set forth in the Company's Independence Guidelines and the applicable rules of the New York Stock Exchange.
As a non-employee director, Ms. Redman will receive the same compensation paid to other non-employee directors of PPL in accordance with the policies and procedures previously approved by the Board for non-employee directors. There were no arrangements or understandings pursuant to which Ms. Redman was elected, nor are there any relationships or related transactions between the Company and Ms. Redman to be disclosed under applicable rules of the Securities and Exchange Commission.
Section 7 - Regulation FD
Item 7.01 Regulation FD Disclosure
On October 11, 2021, the Company issued a press release announcing Ms. Redman’s election. A copy of that press release is furnished as Exhibit 99.1 to this Report.
Section 9 - Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits
| (d) | Exhibits | ||||||||||||||||
99.1 - | October 11, 2021 press release announcing the election of Heather B. Redman as a director of PPL Corporation. | ||||||||||||||||
| 104 - | Cover Page Interactive Data File (the Cover Page Interactive Data File is embedded within the Inline XBRL document). | ||||||||||||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| PPL CORPORATION | |||||||||||
| By: | /s/ Marlene C. Beers | ||||||||||
| Marlene C. Beers Vice President and Controller | |||||||||||
Dated: October 12, 2021
| Exhibit 99.1 | ||||||||
| news release |  | |||||||
| www.pplnewsroom.com | ||||||||
| Contacts: | For news media: Ryan Hill, 610-774-4033 For financial analysts: Andy Ludwig, 610-774-3389 | ||||
PPL Corporation adds Heather B. Redman to Board of Directors
ALLENTOWN, Pa. (Oct. 11, 2021) – PPL Corporation (NYSE: PPL) has announced that Heather B. Redman has joined the company’s Board of Directors effective today. Redman is co-founder and managing partner of Flying Fish Partners, a venture capital firm investing in early stage artificial intelligence and machine learning startups, including energy-related applications. She will serve as a member of the Audit and Finance committees.
“We’re thrilled to welcome Heather to PPL’s board,” said independent Board Chair Craig A. Rogerson. “Heather’s expertise in disruptive technologies, industry transformation, energy development and energy technology will be invaluable to PPL as we focus on driving innovation, creating next-generation energy networks and best positioning PPL for growth in the clean energy transition.”
With Redman’s appointment, PPL’s board comprises 10 directors, nine of whom are independent.
Redman, who has served in her current role with Flying Fish Partners since 2016, has a long history of growing innovative companies. At Flying Fish, she is the lead in raising capital for the firm and is a member of the firm’s investment team. From 2014 to 2017, she served as vice president of Business Operations for Indix Corporation, a big data artificial intelligence startup. From 2001 to 2014, she was principal and senior vice president of Summit Power Group, leading development of clean energy projects, including utility-scale wind and solar projects, while navigating complex and shifting regulatory and commercial environments. Prior to joining Summit Power Group, she served in executive leadership positions with Atom Entertainment, PhotoDisc and Getty Images. This included serving as senior vice president and general counsel of Getty Images.
Redman holds a juris doctor from Stanford Law School and a bachelor of arts degree from Reed College.
About PPL
PPL Corporation (NYSE:PPL), based in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably and affordably to more than 2.5 million customers in the U.S. PPL’s high-performing, award-winning utilities are addressing energy challenges head-on by building smarter, more resilient and more dynamic power grids and advancing sustainable energy solutions. For more information, visit www.pplweb.com.
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Note to Editors: Visit our media website at www.pplnewsroom.com for additional news and background about PPL Corporation.