Vincent Sorgi
Summary
Vincent Sorgi is PPL Corporation’s President, Chief Executive Officer and Director, a position he has held since June 1, 2020, after a long finance and operations career at the company.
Biography
Sorgi joined PPL in 2006 after working at Public Service Enterprise Group and Deloitte & Touche. He held several finance roles at PPL, including financial director of PPL Generation, controller of the former energy supply and marketing business, vice president and controller, and chief financial officer from 2014 to 2019. He became president and chief operating officer in July 2019 and succeeded William H. Spence as president and CEO on June 1, 2020. As CFO, Sorgi helped lead PPL through the 2015 spinoff of its competitive generation business. He holds an accounting degree from Pennsylvania State University, an MBA from Villanova University, and completed MIT’s Nuclear Technology Program. He has also held leadership and board roles with the Electric Power Research Institute and the Edison Electric Institute.
Notable achievements
- Helped lead PPL through the 2015 spinoff of its competitive generation business while serving as CFO.
- Oversaw PPL’s shift toward a primarily U.S.-focused regulated utility business during his CEO tenure.
- Led the company during the 2022 acquisition of Narragansett Electric, which operates as Rhode Island Energy.
- PPL reported 2025 earnings from ongoing operations of $1.81 per share and reported $4.4 billion of infrastructure investment during the year.
- Advanced PPL’s multiyear investment plan for grid modernization, Kentucky generation, and Pennsylvania data-center-related electric demand.
Problem areas / controversies
- The Rhode Island Energy acquisition brought regulatory scrutiny, including conditions intended to protect ratepayers and advance Rhode Island’s climate goals.
- Rhode Island regulators reduced portions of Rhode Island Energy’s proposed infrastructure spending plan, citing concerns about the timing and need for some projects.
- Rhode Island Energy faced customer and public criticism over billing and service issues during the integration of the acquired utility.
- Rhode Island Energy decided in 2023 not to proceed with the proposed Revolution Wind 2 power-purchase agreement, highlighting the commercial and regulatory risks of offshore wind procurement.