01—Abstract
Summary
Summary of the 8-K filed May 19, 2025. Cited figures are marked; the original filing is the authoritative source.
At its Annual Meeting of Shareowners held on May 16, 2025, PPL Corporation's shareowners elected all ten director nominees.
Each nominee received a large majority of votes cast in favor, though the filing reports varying levels of opposition, with Craig A. Rogerson receiving 576,706,249 votes for and 18,029,059 against, and Arthur P. Beattie receiving 591,389,221 votes for and 3,389,424 against.
Shareowners also approved, on an advisory basis, the 2024 compensation of the named executive officers, with 570,487,224 votes for, 22,803,849 against, and 2,417,817 abstaining. They ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the year ending December 31, 2025, with 654,570,580 votes for, 4,123,751 against, and 955,365 abstaining.
Shareowners rejected a shareowner proposal calling for independent evaluation of greenhouse gas reduction targets, with 42,764,723 votes for, 548,711,255 against, and 4,232,912 abstaining. The filing reports 63,940,806 broker non-votes on the director, say-on-pay, and proposal items.
02—Key points
Key Highlights
- All ten director nominees were elected at the May 16, 2025 Annual Meeting of Shareowners, including Raja Rajamannar, Heather B. Redman, Vincent Sorgi, and Linda G. Sullivan.
- Advisory say-on-pay vote on 2024 named executive officer compensation passed with 570,487,224 votes for and 22,803,849 votes against.
- Shareowners ratified Deloitte & Touche LLP as the independent registered public accounting firm for the year ending December 31, 2025, with 654,570,580 votes for and 4,123,751 against.
- A shareowner proposal for independent evaluation of greenhouse gas reduction targets was rejected, with 42,764,723 votes for and 548,711,255 against.
- Craig A. Rogerson received the highest number of votes against among the director nominees, at 18,029,059.
- The filing reports 63,940,806 broker non-votes on the director, say-on-pay, and shareowner proposal items.
03—Questions
Frequently Asked Questions
Who was elected to the PPL Corporation Board of Directors at the 2025 Annual Meeting?
Shareowners elected all ten nominees: Arthur P. Beattie, Raja Rajamannar, Heather B. Redman, Craig A. Rogerson, Vincent Sorgi, Linda G. Sullivan, Natica von Althann, Keith H. Williamson, Phoebe A. Wood, and Armando Zagalo de Lima.
Did shareowners approve executive compensation?
Yes. On an advisory basis, shareowners approved the 2024 compensation of the named executive officers, with 570,487,224 votes for, 22,803,849 against, 2,417,817 abstaining, and 63,940,806 broker non-votes.
Who is PPL's independent auditor for 2025?
Shareowners ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the year ending December 31, 2025, with 654,570,580 votes for, 4,123,751 against, and 955,365 abstaining.
Was the greenhouse gas shareowner proposal approved?
No. The proposal for independent evaluation of greenhouse gas reduction targets was rejected, with 42,764,723 votes for, 548,711,255 against, and 4,232,912 abstaining.
04—Continue