PPL Promotes Francis Sullivan To Succeed Gregory Dudkin As COO

RTTNews | 843 dni temu
PPL Promotes Francis Sullivan To Succeed Gregory Dudkin As COO

(RTTNews) - PPL Corp. (PPL) announced Thursday it has promoted Francis Sullivan to executive vice president and chief operating officer, effective January 1, 2023. Sullivan succeeds Gregory Dudkin, who is on extended medical leave and not expected to return to PPL. Dudkin will remain executive vice president while on medical leave.

In his new position, Sullivan will report to PPL President and Chief Executive Officer Vincent Sorgi and oversee PPL's regulated utility operations, with the presidents of PPL's Kentucky, Pennsylvania and Rhode Island utility companies reporting to him.

Sullivan brings more than four decades of energy industry experience to his new role. He joined PPL as vice president-Operations Performance in October 2021. Prior to PPL, he served as senior operations advisor for Kindle Energy LLC for more than two years and as an independent consultant to the power sector since 2018.

From 2008 to 2018, Sullivan served as NRG Energy's senior vice president of operations. Prior to that, he served for more than a decade in a variety of leadership roles with Public Service Enterprise Group.

read more
Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

The Swiss market closed modestly higher on Friday after moving in a tight bandwith investors digesting earnings updates and continuing to track the developments on the tariff front.
RTTNews | 2 dni temu
European Stocks Close Higher

European Stocks Close Higher

Despite lingering uncertainty about U.S. government's trade policy, European stocks closed higher on Friday, with German and French markets gaining for a fourth straight session, and the U.K. moving up for the tenth consecutive session, as investors focused on earnings.
RTTNews | 2 dni temu
U.S. Consumer Sentiment Deteriorates Modestly Less Than Estimated In April

U.S. Consumer Sentiment Deteriorates Modestly Less Than Estimated In April

A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated modestly less than previously estimated in the month of April. The University of Michigan said its consumer sentiment index for April was upwardly revised to 52.2 from a preliminary reading of 50.8. Economists had expected the index to be unrevised.
RTTNews | 2 dni temu
Russia Holds Key Interest Rate As Expected

Russia Holds Key Interest Rate As Expected

The Bank of Russia left its interest rate unchanged as widely expected on Friday, despite high inflationary pressures. The board of directors, governed by Elvira Nabiullina, maintained the key interest rate at a record high 21.00 percent. The Russian central bank has raised the key interest rate by 1,350 basis points since July 2023.
RTTNews | 2 dni temu