Pinnacle West Capital Corp. announced a leadership transition, with Chairman and CEO Jeff Guldner set to retire from his roles as Chairman of the Board, CEO, and board member on March 31, 2025. Guldner has led the company for five years and will remain in a non-executive advisory capacity until March 2026 to ensure a smooth transition.
APS President Ted Geisler will assume the positions of Chairman of the Board, President, and CEO of both Pinnacle West and Arizona Public Service (APS), effective April 1, 2025. Geisler has been President of APS since 2022 and has held various leadership roles within the company over his 23-year career, including Chief Financial Officer and Chief Information Officer.
The board's lead director, Paula Sims, highlighted Geisler's 'unique blend of operational and financial acumen and results-oriented leadership.' His experience is expected to enable him to build on his success in driving top-quartile rankings in reliability and customer satisfaction, achieving key regulatory outcomes, and setting strategy for grid expansion and strengthening.
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