Industry & Services >> CEO Interviews >> November 17, 2003

William Hecht – Ppl Corporation (ppl)

WILLIAM F. HECHT is Chairman, President and Chief Executive Officer of PPL Corporation, a worldwide energy company with headquarters in Allentown, Pennsylvania. PPL Corporation controls or owns about 11,500 megawatts of generating capacity in the United States, sells energy in key US markets and delivers electricity to customers in Pennsylvania, the United Kingdom and Latin America. Mr. Hecht, who holds Bachelor's and Master's degrees in Engineering from Lehigh University, has served as President of the FORTUNE 500' company since 1991 and in the additional role of Chairman and Chief Executive Officer since 1993. A registered professional engineer in Pennsylvania, he also is a graduate of the Cornell University Executive Development Program. Under Mr. Hecht's leadership, PPL Corporation provides services to customers through these business lines: PPL Electric Utilities (domestic energy delivery); PPL Global (development and international operations); PPL EnergyPlus (sales to other utilities, resellers and end-use customers); and PPL Generation (power plant operations in key U.S. markets). The company also provides energy services to business customers through a growing group of mechanical contracting companies, located from New England to Ohio. Mr. Hecht is a member of the Board of Directors of the Nuclear Energy Institute, the National Association of Manufacturers and the Edison Electric Institute, where he serves on the executive committee. He is past Chairman and current Board member of the Utility Business Education Coalition. He also is Chairman of the Pennsylvania Business Roundtable and serves on the Board of Directors of the TEAM Pennsylvania Foundation, a group established by former Pennsylvania Gov. Tom Ridge to promote economic development. In the community, Mr. Hecht joined PPL in 1964 and worked in a number of engineering and management positions before advancing to Vice President-System Power in 1983. He also served as Vice President-Marketing and Economic Development, Vice President-Power Production and Engineering and Senior Vice President- System Power and Engineering. In 1990, he was named Executive Vice President-Operations and was elected to the company's Board of Directors. Profile
JOHN R. BIGGAR is Executive Vice President and Chief Financial Officer of PPL Corporation. He also serves as a member of the company's Corporate Leadership Council, which helps set the strategic direction for PPL. He was appointed to PPL's Board of Directors in October 2001. Mr. Biggar began his PPL career in 1969 as an Attorney in the company's legal department. Beginning in 1975, he served in several positions in the financial department, including Manager of Finance and Assistant Treasurer. He was named Vice President-Finance in 1984, a position he held for 14 years. He also served as Treasurer of the company in 1995 and 1996. He became Senior Vice President and Chief Financial Officer in 1998. In January 2001, he was named Executive Vice President. Mr. Biggar is a member of the bar in Pennsylvania and New York. Mr. Biggar earned a Juris Doctor degree from the College of Law at Syracuse University and a Bachelor's degree in Political Science from Lycoming College in Pennsylvania. Profile
TWST: Would you start us off with a brief summary of PPL Corporation,

what the company looks like today and some of its history?

Mr. Hecht: PPL Corporation is an energy company headquartered