Pinnacle West Capital Corp
PNW: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $nC | LOCK|dk | LOCK|$bq#?F |
Pinnacle West: Leadership Change, Regulatory Developments Support Long-Term Outlook
Pinnacle West announced CEO Jeff Guldner will retire in March 2025 and be replaced by current Arizona Public Service President Ted Geisler. This comes one week after Arizona utilities regulators took a key step toward instituting formula ratemaking, a major reform.
