ALLENTOWN, Pa., March 28, 2015 /PRNewswire/ -- Robert D. Gabbard, president of PPL EnergyPlus,
LLC, the competitive wholesale and retail energy sales subsidiary
of PPL Corporation, is retiring effective April 1.
Clarence J. Hopf, PPL Energy
Supply's senior vice president-Fossil and Hydro Generation, will
take on the additional responsibility of the energy marketing
operations of PPL EnergyPlus until closing of the transaction in
which PPL will spin off its competitive energy supply business and
combine it with the competitive generation business of Riverstone
Holdings to form Talen Energy Corporation, an independent power
producer. After the transaction closes, Hopf will become Talen
Energy's Chief Commercial Officer, with responsibility for energy
marketing and fossil and hydro generation functions.
Hopf has more than 30 years of experience in power generation,
risk management and energy marketing. He joined PPL EnergyPlus in
2005, and served as its president from 2006 to 2008 before leaving
to take an executive position with the energy marketing subsidiary
of another utility. He returned to PPL EnergyPlus in 2012, and was
named to his current position in 2014.
"We thank Rob for his leadership and service to PPL EnergyPlus
over the past seven years and wish him success in his future
endeavors," said Paul Farr,
president of PPL Energy Supply.
PPL Corporation (NYSE: PPL), with 2014 revenues of $11.5 billion, is one of the largest companies in
the U.S. utility sector. The PPL family of companies delivers
electricity and natural gas to about 10 million customers in
the United States and the
United Kingdom. In June 2014, PPL announced an agreement to combine
its competitive generation business with the competitive generation
business of Riverstone Holdings LLC to form Talen Energy
Corporation, an independent power producer. More information is
available at www.pplweb.com.
Note to Editors: Visit our media website at
www.pplnewsroom.com for additional news and background about PPL
Corporation.
Contact:
|
George C. Lewis,
610-774-5997
|
|
PPL
Corporation
|
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/ppl-energyplus-president-retires-300057352.html
SOURCE PPL Corporation