Vincent Sorgi
President and Chief Executive Officer
Executive
6 yr
13 reports
PPL Corporation ·PPL
Utility presidents centralized under EVP-Utilities, not the CEO
Energy · Fortune #454 · Hybrid structure · 7K employees · Allentown, Pennsylvania
View as of:
6
CEO span
↓ tighter than peers (avg 8)
3.4
Avg span
moderate
3
Max depth
3 levels
3.7 yr
Avg tenure
stable vs FY2024
50%
Internal hires
near industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$9.2B
Operating income
$2.1B
Net income
$1.2B
Total assets
$45.2B
Shares out
751M
Sourced from PPL Corporation DEF 14A · filed 2026-04-01 ↗ View on SEC
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PPL Corporation organizational chart
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Utility presidents report to the EVP‑Utilities rather than the CEO at PPL. This page maps PPL’s post‑2024 enterprise structure, executive team, operating hierarchy, leadership changes, and peer comparisons.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Utility leadership reorganization changed role as Operating company presidents
March 2024 reorganization moved utility presidents to report to EVP‑Utilities.
Source · See change logScenario views in the chart
- Add Chief AI Officer Introduce a Chief AI Officer reporting to the CEO to accelerate grid analytics and automation.
- Move utility presidents to CEO Shift utility presidents to report directly to the CEO, increasing operational span.
Atlas work this supports
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The people
Who's running this
7 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
Wendy E. Stark
Executive Vice President – Utilities and Chief Legal Officer
Legal & Regulatory
4 yr
3 reports
internal
David J. Bonenberger
Executive Vice President and Chief Operating Officer – Utilities
Utilities Operations
2 yr
0 reports
internal
Joseph P. Bergstein, Jr.
Executive Vice President and Chief Financial Officer
Finance
5 yr
2 reports
Dean A. Del Vecchio
Executive Vice President and Chief Technology & Innovation Officer
Technology
2 yr
2 reports
internal
Lonnie E. Bellar
Executive Vice President – Engineering, Construction and Generation
Engineering & Generation
2 yr
0 reports
Francis X. Sullivan
Executive Vice President and Chief Human Resources Officer
Human Resources
3 yr
0 reports
The businesses
How PPL Corporation divides the work
3 divisions report into the group CEO. Tile size scales with estimated headcount.
Utilities Operations
4K employees
Executive Vice President – Utilities and Chief Legal Officer (Wendy E. Stark)
Oversees regulated electric and gas utilities and external regulatory strategy.
Finance
500 employees
Executive Vice President and Chief Financial Officer (Joseph P. Bergstein, Jr.)
Manages capital allocation, financial reporting, treasury and investor relations.
Technology & Innovation
400 employees
Executive Vice President and Chief Technology & Innovation Officer (Dean A. Del Vecchio)
Leads IT reinvention, digital platforms and innovation initiatives.
The thesis
Why this org is unusual
Utility operating presidents do not report directly to the CEO; instead, they are centralized under the EVP‑Utilities and Chief Legal Officer.
This concentrates regulatory, policy and external affairs authority in a single role. The CEO’s span is therefore focused on enterprise functions rather than operating-company P&L leaders. The structure reflects PPL’s post‑2024 reorganization emphasizing regulatory strategy and systemwide coordination across utilities.
- Utility presidents consolidated under EVP-Utilities
- CTIO role added in 2024
The comparison
How PPL Corporation stacks up
Compared with peers like Duke Energy and Dominion, PPL runs a more centralized utility oversight model. Many utilities place operating company presidents directly under the CEO. PPL’s model reduces CEO span but increases the influence of legal and regulatory leadership over operations.
C-suite size
Reporting depth
PPL Corporation
3 levels
4 levels
4 levels
4 levels
4 levels
Avg C-suite tenure
Has COO / Has CAIO
PPL Corporation ✓ COO — no CAIO
Current signals
What changed recently
The most significant change was the 2024 reorganization centralizing utility presidents under the EVP‑Utilities.
- Date not confirmed reorgUtility leadership reorganization Operating company presidents
March 2024 reorganization moved utility presidents to report to EVP‑Utilities.
Source - Date not confirmed newDean A. Del Vecchio EVP and Chief Technology & Innovation Officer
CTIO role created and filled in February 2024.
Source
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-04-01
- CEO
- Vincent Sorgi
- CEO span
- 6
- C-suite
- 7
- Avg tenure
- 3.5 yr
Post-reorganization enterprise structure fully implemented.
Named executive officers (5)
- Vincent Sorgi - CEO since 2020
- Joseph P. Bergstein, Jr. - CFO since 2020
- Dean A. Del Vecchio - CTIO since 2024
- David J. Bonenberger - COO-Utilities since 2024
- Wendy E. Stark - EVP-Utilities & CLO since 2022
FY2024
DEF 14A filed 2025-04-02
- CEO
- Vincent Sorgi
- CEO span
- 6
- C-suite
- 6
- Avg tenure
- 4.2 yr
CTIO role introduced during the year.
Named executive officers (3)
- Vincent Sorgi - CEO since 2020
- Joseph P. Bergstein, Jr. - CFO since 2020
- Wendy E. Stark - EVP-Utilities & CLO since 2022
Year-over-year changes
PPL added a CTIO role and completed a centralized utilities reorganization.
- CEO span: 6 → 6
- C-suite size: 6 → 7
- Avg tenure: 4.2 → 3.5 yr
- reorg Utility leadership - Presidents (DEF 14A, 2026-04-01)
Frequently Asked Questions
Who is the CEO of PPL Corporation?
Vincent Sorgi has served as President and CEO since 2020.
What type of organizational structure does PPL use?
PPL uses a hybrid enterprise structure with centralized utility oversight.
How many direct reports does PPL's CEO have?
The CEO has six direct reports.
How has PPL's leadership changed recently?
In 2024 PPL reorganized utility leadership and created a new CTIO role.
Who reports directly to PPL's CEO?
The CEO’s direct reports include the CFO, CTIO, COO‑Utilities, EVP‑Engineering, EVP‑Utilities & CLO, and CHRO.
Sources
- Company Proxy Statement, Apr 2025
- SEC EDGAR: PPL Corporation DEF 14A Proxy Statement
- SEC EDGAR: PPL Corporation 10-K Annual Report
Reference
Cite this page
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
APA 7th
Creately. (2026). PPL Corporation organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/ppl/MLA 9th
"PPL Corporation Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/ppl/. Accessed .Chicago 17
Creately. "PPL Corporation Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/ppl/.Original SEC source View on SEC ↗
PPL Corporation. DEF 14A. Filed 2026-04-01. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/922224/000119312526135991/ppl-20260331.htmPermanent URL: https://creately.com/org-chart/fortune-500/ppl/ · last updated 2026-04-01