---
schema_version: "secwatch.filing_event.v1"
accession: "0000922224-25-000004"
form_type: "8-K"
ticker: "PPL"
cik: "0000922224"
company_name: "PPL Corp"
filed_at: "2025-01-15T23:59:59+00:00"
generated_at: "2026-05-28T01:36:43.608227+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# PPL eliminates COO role; EVP Francis X. Sullivan to separate April 4, 2025

## Summary
- COO position eliminated; duties delegated to other officers.
- Sullivan receives two years base salary lump sum, pro-rated 2025 bonus, and accelerated RSU vesting.
- Additional $50,000 lump sum in lieu of outplacement and financial planning services.
- Separation effective April 4, 2025; severance subject to release of claims and restrictive covenants.
- Sullivan of retirement age; 2023-2025 equity grants also vest under stock incentive plan.

## SEC filing metadata
- accession: 0000922224-25-000004
- form_type: 8-K
- ticker: PPL
- cik: 0000922224
- company_name: PPL Corp
- filed_at: 2025-01-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/922224/000092222425000004/0000922224-25-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/922224/000092222425000004/ppl-20250113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000922224-25-000004
- JSON: https://secwatch.observer/filing/0000922224-25-000004.json
- Plain text: https://secwatch.observer/filing/0000922224-25-000004.txt

## Key facts
- Executive change
  Francis X. Sullivan departed as Executive Vice President and Chief Operating Officer at PPL Corp.
  - Action: separated
  - Role: Executive Vice President and Chief Operating Officer
  source text: On January 13, 2025, in connection with an internal reallocation of duties among the senior executives of PPL Corporation (the "Company"), the Board of Directors of the Company approved the elimination of the position of Executive Vice President and Chief Operating Officer of the Company, which will result in the separation of employment without cause of Francis X. Sullivan effective April 4, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/922224/000092222425000004/0000922224-25-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.