ALLENTOWN, Pa., Jan. 18, 2018 /PRNewswire/ -- PPL
Corporation (NYSE: PPL) announced today that Phoebe A. Wood, an executive with three decades
of international, financial and operational management experience,
will join the company's board of directors.
Wood, currently the principal of investment firm CompaniesWood,
has been elected to the PPL board, effective January 18, 2018.
"We are very pleased to welcome Phoebe to the PPL board," said
William H. Spence, PPL chairman,
president and Chief Executive Officer. "Her strong financial and
strategic planning background makes her an exceptional addition to
our board."
From 2001 through 2008, Wood served as Chief Financial Officer
of Brown-Forman Corporation, as well as executive vice president
from 2001 to 2006 and as vice chairman from 2006 to 2008. A key
leader and decision maker, she was responsible for controllership,
treasury, tax, corporate development, investor relations,
information technology, knowledge management and audit
functions.
Prior to joining Brown-Forman, Wood served from 2000 to 2001 as
vice president and Chief Financial Officer, and as a director, of
Propel Corporation, a telecommunications subsidiary of Motorola,
Inc.
Until 2000, Wood served in various financial leadership and
business development positions, both domestically and
internationally, during her almost 24-year tenure at Atlantic
Richfield Company (ARCO). While at ARCO, she served as vice
president of finance planning and control of ARCO Alaska, Inc., vice president of business
development of ARCO's U.S. exploration and production subsidiary
and vice president of finance, planning and control at ARCO's
subsidiary in England, as well as
in other management positions.
A resident of Louisville,
Kentucky, Wood holds a master's degree in business
administration from UCLA and a
bachelor's degree in psychology from Smith
College.
She also serves on the board of directors of Leggett &
Platt, Incorporated, Invesco Ltd. and Pioneer Natural Resources
Company. She is a trustee of The Gheens Foundation, Pitzer College, the American Printing House for the
Blind and a trustee emerita of Smith
College. She is also an active member of The Committee of
200 and Women Corporate Directors.
Her appointment will bring PPL's total board membership to 10,
nine of whom are outside, independent directors. The board
has also appointed Wood to the Compensation, Governance and
Nominating Committee, effective January 18,
2018.
Headquartered in Allentown,
Pa., PPL Corporation (NYSE: PPL) is one of the largest
companies in the U.S. utility sector. PPL's seven high-performing,
award-winning utilities serve 10 million customers in the U.S. and
United Kingdom. With about 13,000
employees, PPL is dedicated to providing exceptional customer
service and reliability and delivering superior value for
shareowners. To learn more, visit
www.pplweb.com.
Note to Editors: Visit our media website at
www.pplnewsroom.com for additional news
and background about PPL Corporation.
Contacts: For news media: Ryan
Hill, 610-774-5997
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SOURCE PPL Corporation