Pinnacle West Capital's Guldner to Step Down as CEO

Dow Jones

2024-12-13

By Sabela Ojea

Pinnacle West Capital said that Jeffrey Guldner is stepping down as the company's chief executive and chairman of the board on March 31 .

The utility holding company on Thursday said that it named Theodore Geisler replace Guldner as chairman, president and CEO, following a succession planning process.

Departing CEO Guldner will remain an employee of Pinnacle West as a non-officer special advisor to a new CEO until March 31, 2026. He had served as the company's CEO since 2019.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

December 12, 2024 18:06 ET (23:06 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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