PPL Corp. of Allentown has promoted Vincent Sorgi to president and COO. He will take on the new role as of July 1.
The company said Sorgi will lead execution of PPL’s long-term growth strategy and be responsible for the overall operational performance of PPL’s seven utilities in the United States and the United Kingdom.
Sorgi has served as PPL’s CFO since 2014 and has been in the utility industry for 25 years.
Sorgi will report to William Spence, who will continue to serve as PPL chair and CEO, positions Spence has held since 2012 in addition to serving as president since 2011.
Taking over the CFO role will be Joseph P. Bergstein Jr., who also has been named senior vice president.
Bergstein served as vice president for investor relations and corporate development and planning since 2018, and previously as treasurer.
He will be responsible for PPL’s accounting, treasury, financial planning, tax, risk management and investor relations functions.