PPL subsidiary LKE CEO Paul Thompson to retire Jan 1, 2022; John Crockett III to become President Oct 1, 2021

PPL Corp

Paul W. Thompson, President and CEO of LG&E and KU Energy (LKE), retiring effective Jan 1, 2022.
John R. Crockett III (current General Counsel, Chief Compliance Officer, Corporate Secretary) will become President of LKE, LG&E, and KU effective Oct 1, 2021.
Thompson will serve as Executive Vice President during transition from Oct 1, 2021 to Jan 1, 2022.
Crockett will execute a Change in Control Agreement; Thompson eligible for PPL Executive Severance Plan and retirement vesting of equity awards.

item 5.02

Executive movements

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Appointed

John R. Crockett III

President

PPL · PPL Corp

Effective: 2021-10-01
Filed: August 16, 2021, 7:59 PM ET

John R. Crockett III, who presently serves as the General Counsel, Chief Compliance Officer and Corporate Secretary of LKE, LG&E and KU, will succeed Mr. Thompson and will assume the role of President of each of the Companies effective October 1, 2021.

Departed

Paul W. Thompson

President and Chief Executive Officer

PPL · PPL Corp

Effective: 2022-01-01
Successor: John R. Crockett III
Filed: August 16, 2021, 7:59 PM ET

the retirement of Paul W. Thompson, President and Chief Executive Officer of LKE and its subsidiaries, Louisville Gas and Electric Company ("LG&E") and Kentucky Utilities Company ("KU" and together with LKE and LG&E, the "Companies") effective January 1, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

John R. Crockett III was appointed as President at PPL Corp.

Action: appointed
Role: President

Exact text from the filing

John R. Crockett III, who presently serves as the General Counsel, Chief Compliance Officer and Corporate Secretary of LKE, LG&E and KU, will succeed Mr. Thompson and will assume the role of President of each of the Companies effective October 1, 2021.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Paul W. Thompson departed as President and Chief Executive Officer at PPL Corp.

Action: retire
Role: President and Chief Executive Officer

Exact text from the filing

the retirement of Paul W. Thompson, President and Chief Executive Officer of LKE and its subsidiaries, Louisville Gas and Electric Company ("LG&E") and Kentucky Utilities Company ("KU" and together with LKE and LG&E, the "Companies") effective January 1, 2022.

View on SEC.gov

PPL Corp filing history →

Source: SEC EDGAR

accession 0000922224-21-000041

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