Vincent Sorgi net worth and biography

Vincent Sorgi Biography and Net Worth

CEO of PPL

Vincent Sorgi is president and chief executive officer of PPL Corporation, one of the largest investor-owned utility companies in the United States.

With more than 25 years of experience in the utility industry, Sorgi oversees PPL’s high-performing, award-winning regulated utilities in the United States.

Prior to his current role, Sorgi served as president and chief operating officer from July 2019 to May 2020, leading execution of PPL’s long-term growth strategy and overseeing the overall performance of PPL’s regulated utilities.

Sorgi served as executive vice president and chief financial officer (CFO) from January 2019 to July 2019 and as senior vice president and CFO from 2014 to 2019, overseeing PPL’s investor relations, treasury, financial planning and analysis, tax, risk management, controllership and strategic development functions. As CFO, Sorgi played a key role in leading PPL through the spinoff of its competitive generation business in 2015.

Before becoming CFO, he served four years as vice president and controller for PPL Corporation and three years as controller for PPL’s former energy supply and marketing business.

He joined PPL in 2006 as financial director of the former PPL Generation subsidiary. Prior to joining PPL, he worked for Public Service Enterprise Group and Deloitte & Touche.

Sorgi earned his bachelor’s degree in accounting from The Pennsylvania State University and his MBA from Villanova University. He is a graduate of the Nuclear Technology Program of the Massachusetts Institute of Technology. In 2017, the Penn State Alumni Association named Sorgi an Alumni Fellow — the organization’s highest award — for his outstanding leadership and performance.

Sorgi serves on the board of directors for the St. Luke’s Health Network, Electric Power Research Institute and Edison Electric Institute. He is a member of EPRI’s Executive Committee and is chair of EPRI’s Low-Carbon Resources Initiative Board Working Group. He also serves on the Board of Trustees of the Da Vinci Science Center in Allentown, Pennsylvania.

What is Vincent Sorgi's net worth?

The estimated net worth of Vincent Sorgi is at least $2.83 million as of August 12th, 2022. Mr. Sorgi owns 111,462 shares of PPL stock worth more than $2,825,562 as of October 1st. This net worth estimate does not reflect any other investments that Mr. Sorgi may own. Additionally, Mr. Sorgi receives an annual salary of $3,880,000.00 as CEO at PPL. Learn More about Vincent Sorgi's net worth.

How old is Vincent Sorgi?

Mr. Sorgi is currently 50 years old. There are 3 older executives and no younger executives at PPL. Learn More on Vincent Sorgi's age.

What is Vincent Sorgi's salary?

As the CEO of PPL Co., Mr. Sorgi earned a total compensation package of $11,356,481.00 in 2021. Mr. Sorgi earned a salary of $1,132,492.00, stock awards of $5,111,866.00, non-equity compensation of $2,654,619.00, and other compensation of $96,412.00. Learn More on Vincent Sorgi's salary.

How do I contact Vincent Sorgi?

The corporate mailing address for Mr. Sorgi and other PPL executives is TWO N NINTH ST, ALLENTOWN PA, 18101. PPL can also be reached via phone at (610) 774-5151 and via email at [email protected] Learn More on Vincent Sorgi's contact information.

Has Vincent Sorgi been buying or selling shares of PPL?

Vincent Sorgi has not been actively trading shares of PPL over the course of the past ninety days. Most recently, Vincent Sorgi sold 27,600 shares of the business's stock in a transaction on Friday, August 12th. The shares were sold at an average price of $30.00, for a transaction totalling $828,000.00. Following the completion of the sale, the chief executive officer now directly owns 111,462 shares of the company's stock, valued at $3,343,860. Learn More on Vincent Sorgi's trading history.

Who are PPL's active insiders?

PPL's insider roster includes Joseph Bergstein, Jr. (CFO), David Bonenberger (Insider), Gregory Dudkin (COO), Joanne Raphael (EVP), Stephanie Raymond (Insider), and Vincent Sorgi (CEO). Learn More on PPL's active insiders.

Are insiders buying or selling shares of PPL?

In the last year, insiders at the utilities provider sold shares 7 times. They sold a total of 114,705 shares worth more than $3,405,008.93. The most recent insider tranaction occured on August, 26th when CFO Joseph P Bergstein Jr sold 20,645 shares worth more than $627,814.45. Insiders at PPL own 0.2 % of the company. Learn More about insider trades at PPL.

Information on this page was last updated on 8/26/2022.

Vincent Sorgi Insider Trading History at PPL

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/12/2022Sell27,600$30.00$828,000.00111,462View SEC Filing Icon  
7/29/2022Sell27,553$29.00$799,037.00111,462View SEC Filing Icon  
1/24/2022Sell29,624$29.55$875,389.20View SEC Filing Icon  
1/25/2021Sell26,561$27.64$734,146.0453,983View SEC Filing Icon  
11/18/2019Sell13,696$34.04$466,211.8430,976View SEC Filing Icon  
1/30/2018Sell10,274$31.54$324,041.963,406View SEC Filing Icon  
8/3/2017Sell5,600$39.00$218,400.0097View SEC Filing Icon  
2/28/2017Sell10,708$37.00$396,196.0011,181View SEC Filing Icon  
6/16/2016Sell10,400$38.94$404,976.0018,534View SEC Filing Icon  
5/1/2014Sell1,500$34.00$51,000.006,081View SEC Filing Icon  
3/31/2014Sell1,500$33.00$49,500.007,581View SEC Filing Icon  
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Vincent Sorgi Buying and Selling Activity at PPL

This chart shows Vincent Sorgi's buying and selling at PPL by year and by quarter.

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PPL Company Overview

PPL logo
PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. The company operates through two segments: Kentucky Regulated and Pennsylvania Regulated. It serves approximately 429,000 electric and 333,000 natural gas customers in Louisville and adjacent areas in Kentucky; 538,000 electric customers in central, southeastern, and western Kentucky; and 28,000 electric customers in five counties in southwestern Virginia. The company also provides electric services to approximately 1.4 million customers in Pennsylvania; and generates electricity from coal, gas, hydro, and solar sources in Kentucky; and sells wholesale electricity to two municipalities in Kentucky. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.
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Today's Range

Now: $25.35
Low: $25.29
High: $26.18

50 Day Range

MA: $29.05
Low: $25.35
High: $30.91

2 Week Range

Now: $25.35
Low: $24.98
High: $30.99

Volume

8,217,684 shs

Average Volume

5,796,639 shs

Market Capitalization

$18.66 billion

P/E Ratio

25.87

Dividend Yield

3.47%

Beta

0.74