01—Abstract
Summary
Summary of the 8-K filed June 30, 2026. Cited figures are marked; the original filing is the authoritative source.
PPL Corporation filed this Form 8-K on June 30, 2026 to report that its Board of Directors elected Kenneth M.
Hartwick as a director, effective July 1, 2026. Hartwick will serve on the People and Compensation Committee and Finance Committee, and the Board has determined he is independent under the Company's Independence Guidelines and NYSE rules. As a non-employee director, he will receive the same compensation as other non-employee directors under previously approved policies.
The filing states there are no arrangements or understandings tied to his election and no related-party transactions requiring disclosure. Hartwick brings extensive energy-sector leadership. The filing describes his service as president and chief executive officer of Ontario Power Generation from 2019 to 2025, along with prior roles as that company's CFO, CEO and CFO of Just Energy Group, CFO of Hydro One, and a partner at Ernst & Young.
He currently chairs the board of MYR Group Inc. and also serves on the boards of Denison Mines Corp. and the Independent Electricity System Operator of Ontario, and sits on the Investment Management Corporation of Ontario board. The announcement, furnished as Exhibit 99.1, states that the board will consist of 10 directors following his appointment, including independent Chair Craig A.
Rogerson, eight other independent directors, and PPL's president and chief executive officer. The filing notes the board is declassified, so all directors, including Hartwick, will stand for election annually.
02—Key points
Key Highlights
- Kenneth M. Hartwick elected to PPL's Board of Directors, effective July 1, 2026.
- Hartwick will serve on the People and Compensation Committee and the Finance Committee.
- Board determined Hartwick is independent under PPL's Independence Guidelines and NYSE rules.
- Hartwick was president and CEO of Ontario Power Generation from 2019 to 2025, and previously its CFO.
- Hartwick currently chairs the board of MYR Group Inc. and serves on the boards of Denison Mines Corp. and the Independent Electricity System Operator of Ontario.
- Board will consist of 10 directors after the appointment, with Craig A. Rogerson as independent Chair.
- Under the filing, Hartwick receives the same non-employee director compensation as other directors, with no related-party transactions or election arrangements disclosed.
03—Questions
Frequently Asked Questions
Who is the new PPL director and what is his background?
Kenneth M. Hartwick is a veteran energy executive. The filing states he led Ontario Power Generation as president and CEO from 2019 to 2025 and previously served as its CFO. Earlier roles include CFO and CEO/CFO positions at Just Energy Group, CFO of Hydro One, CFO of Wellspring Financial Corporation, and partner at Ernst & Young.
When does Hartwick's board appointment take effect?
His election by the Board was made on June 30, 2026, and takes effect July 1, 2026.
Which board committees will Hartwick join?
He will serve on the People and Compensation Committee and the Finance Committee of the Board.
Is Hartwick considered independent, and how is he compensated?
The Board has determined Hartwick satisfies the independence requirements in PPL's Independence Guidelines and NYSE rules. As a non-employee director, he will receive the same compensation as other non-employee directors under previously approved Board policies.
Does the appointment involve any related-party transactions or special arrangements?
The filing states there are no arrangements or understandings under which Hartwick was elected, and no relationships or related transactions between the Company and Hartwick requiring disclosure under SEC rules.
04—Continue