PPL Corporation (PPL) has announced the resignation of Susan M Stalnecker as a director of the company. He has been the director of the company since 2001. Stalnecker is the vice president and treasurer for E.I. du Pont de Nemours. He also served on the finance and audit committees of the PPL board.
“We thank Susan for her outstanding service to the PPL board and we wish her continued success. Susan’s extensive financial experience has been a real asset as we worked to expand PPL Corporation,” said James H Miller, PPL chairman, president and chief executive officer.
The resignation reduces the size of PPL’s board to ten, nine of whom are independent, outside members. While there is not a timeline for a possible addition to the board, Miller said the board’s compensation, governance and nominating committee periodically searches for candidates who would bring new insights to the company and provide sound and prudent advice.