PPL · PPL Corp

$35.49 -0.13 (-0.36%) At close · Aug 19

Market Cap

$27.05B

752.35M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Vincent Sorgi	President and CEO	$1,238,060	—	$7,865,249	—	$1,869,248	$129,453	$13,221,331
Joseph P. Bergstein	EVP and CFO	$724,777	—	$1,997,817	—	$716,412	$53,524	$4,864,120
David J. Bonenberger	EVP and COO-Utilities	$544,021	—	$1,936,087	—	$552,827	$45,765	$3,983,246
Francis X. Sullivan	Former EVP and COO	$202,082	—	$1,508,198	—	$175,515	$1,615,161	$3,500,956
Wendy E. Stark	EVP-Utilities and CLO	$662,231	—	$1,545,413	—	$654,902	$113,551	$2,976,097
Dean A. Del Vecchio	EVP and CTIO	$668,975	—	$1,488,712	—	$660,924	$81,110	$2,899,721

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Vincent Sorgi	President and CEO	$1,237,367	—	$6,741,436	—	$1,773,831	$119,495	$11,355,743
Dean A. Del Vecchio	EVP and CTIO	$550,000	$500,000	$2,360,112	—	$633,276	$57,709	$4,101,097
Joseph P. Bergstein	EVP and CFO	$690,763	—	$1,792,117	—	$673,367	$52,608	$3,986,892
Francis X. Sullivan	EVP and COO	$680,808	—	$1,768,408	—	$664,452	$69,876	$3,183,544
Wendy E. Stark	EVP-Utilities and CLO	$612,907	—	$1,213,157	—	$604,047	$110,628	$2,540,739

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Vincent Sorgi	President and CEO	$1,201,326	—	$6,442,931	—	$2,013,800	$112,845	$11,969,556
Joseph P. Bergstein	EVP and CFO	$670,643	—	$1,978,295	—	$719,494	$41,075	$4,684,522
Stephanie R. Raymond	Former President, PPL Electric	$322,905	—	$1,194,370	—	—	$1,381,802	$2,977,016
Wendy E. Stark	EVP-Utilities and CLO	$567,469	$250,000	$1,369,615	—	$608,804	$97,374	$2,893,262
Francis X. Sullivan	EVP and COO	$613,227	—	$1,329,392	—	$664,789	$41,335	$2,648,743
John R. Crockett III	President, LKE	$503,646	—	$864,380	—	$473,989	$72,748	$1,914,763

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Vincent Sorgi	President and CEO	$1,166,336	—	$5,926,933	—	$1,918,678	$134,628	$9,146,575
Gregory Dudkin	Executive Vice President and Chief Operating Officer (COO)	$761,773	—	$2,037,424	—	$786,773	$20,150	$3,606,120
Joseph P. Bergstein	EVP and CFO	$651,110	—	$1,671,799	—	$698,538	$47,379	$3,068,826
Wendy E. Stark	EVP-Utilities and CLO	$550,745	—	$1,178,835	—	$586,662	$104,478	$2,420,720
John R. Crockett III	President, LKE	$488,976	—	$837,059	—	$370,108	$56,100	$1,752,243

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Vincent Sorgi	President and CEO	$1,132,492	—	$5,111,866	—	$2,654,619	$96,412	$11,356,481
Philip Swift	Chief Executive - Western Power Distribution (WPD)	$280,067	$2,499,086	$771,760	—	$290,255	$284,825	$5,546,128
Paul W. Thompson	Executive Vice President - LG&E and KU Energy LLC (LKE)	$687,746	—	$1,087,296	—	$987,284	$1,435,002	$4,197,328
Gregory Dudkin	Executive Vice President and Chief Operating Officer (COO)	$706,834	—	$1,595,364	—	$1,067,062	$19,700	$4,041,484
Joseph P. Bergstein	EVP and CFO	$631,615	—	$1,477,271	—	$928,206	$32,936	$3,938,769
Corporate Secretary	—	$373,558	$250,000	$647,967	—	$722,295	$166,582	$2,160,402
Wendy E. Stark	Senior Vice President, General Counsel, Corporate Secretary and Chief Legal Officer (CLO)	$373,558	$250,000	$647,967	—	$722,295	$166,582	$2,160,402

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William H. Spence	Former CEO	$561,442	—	$5,707,265	—	$708,820	$376,316	$9,926,113
Vincent Sorgi	President and Chief Executive Officer (CEO)	$987,569	—	$3,514,187	—	$1,238,050	$94,430	$7,774,443
Paul W. Thompson	Executive Vice President - LG&E and KU Energy LLC (LKE)	$687,503	—	$1,017,912	—	$481,255	$48,187	$5,148,755
Joseph P. Bergstein	Executive Vice President and Chief Financial Officer (CFO)	$604,711	—	$1,177,243	—	$431,250	$38,638	$3,535,007
Joanne H. Raphael	Executive Vice President, General Counsel and Corporate Secretary	$630,256	—	$1,119,749	—	$486,160	$62,391	$3,228,156
Gregory Dudkin	Executive Vice President and Chief Operating Officer (COO)	$641,943	—	$1,119,749	—	$560,251	$16,284	$3,062,093

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William H. Spence	Former CEO	$1,184,580	—	$5,663,150	—	$2,867,395	$128,223	$14,142,567
Paul W. Thompson	Executive Vice President - LG&E and KU Energy LLC (LKE)	$642,563	—	$1,025,636	—	$985,249	$68,430	$5,420,963
Vincent Sorgi	President and Chief Executive Officer (CEO)	$644,678	—	$1,575,013	—	$1,089,766	$66,307	$4,731,409
Joanne H. Raphael	Executive Vice President, General Counsel and Corporate Secretary	$587,461	—	$1,128,342	—	$816,088	$52,963	$4,507,984
Gregory Dudkin	Executive Vice President and Chief Operating Officer (COO)	$588,731	—	$1,128,314	—	$709,605	$23,290	$3,260,761
Joseph P. Bergstein	Executive Vice President and Chief Financial Officer (CFO)	$399,720	—	$603,465	—	$516,885	$27,440	$2,225,441

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William H. Spence	Former CEO	$1,184,580	—	$5,740,353	—	$2,690,277	$121,478	$11,338,785
Joanne H. Raphael	Executive Vice President, General Counsel and Corporate Secretary	$529,231	—	$988,567	—	$644,824	$40,835	$3,000,191
Vincent Sorgi	President and Chief Executive Officer (CEO)	$564,543	—	$1,303,054	—	$733,397	$55,891	$2,935,195
Paul W. Thompson	President and Chief Executive Officer — LG&E and KU Energy LLC (LKE)	$618,846	—	$953,019	—	$920,564	$54,444	$2,748,560
Gregory Dudkin	President — PPL Electric Utilities Corporation (PPL Electric)	$559,423	—	$1,056,400	—	$661,606	$19,733	$2,596,686

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William H. Spence	Chairman and Chief Executive Officer (CEO)	$1,183,469	—	$8,555,315	—	$2,255,772	$128,196	$13,540,331
Vincent Sorgi	President and Chief Operating Officer (COO)	$549,039	—	$1,783,550	—	$598,488	$58,544	$3,699,508
Gregory Dudkin	President — PPL Electric Utilities Corporation (PPL Electric)	$544,247	—	$1,555,810	—	$536,498	$19,662	$3,245,285

Executive changes

Person	Role	Change	Effective	Filed
Kenneth M. Hartwick	director of the Company	Appointed	2026-07-01	2026-06-30
Francis X. Sullivan	Executive Vice President and Chief Operating Officer	Terminated	2025-04-04	2025-01-15
Linda G. Sullivan	director	Appointed	2023-01-10	2023-01-11
Francis X. Sullivan	executive vice president and chief operating officer	Appointed	2023-01-01	2023-01-05
Heather B. Redman	director	Appointed	2021-10-11	2021-10-12
John R. Crockett III	President of each of the Companies	Appointed	2021-10-01	2021-08-16
Paul W. Thompson	President and Chief Executive Officer of LKE and its subsidiaries, Louisville Gas and Electric Company and Kentucky Utilities Co	Retired	2022-01-01	2021-08-16
Stephanie R. Raymond	President of PPL Electric Utilities	Appointed	2021-04-12	2021-04-05
Gregory N. Dudkin	Executive Vice President and Chief Operating Officer	Appointed	2021-04-12	2021-04-05
Craig A. Rogerson	Independent Chairman of the Board	Appointed	2021-03-01	2021-01-25
William H. Spence	Non-Executive Chairman	Retired	2021-03-01	2021-01-25

Key facts CIK 922224 CUSIP 69351T106 13F (30d) 913 filings 882 filers Visit website Investor relations