Feb 17–18, 2026: Pinnacle West’s HR Committee & Boards approved portions of the APS 2026 Annual Incentive…
Filed with the SEC on · Summarized by InvestorsBot
Feb 17–18, 2026: Pinnacle West’s HR Committee & Boards approved portions of the APS 2026 Annual Incentive Award Plan and the Palo Verde Plan, awarding incentive opportunities to CEO Theodore Geisler, CFO Andrew Cooper, COO Jacob Tetlow and CNO Adam Heflin. $PNW 📑 #SECfiling #ExecutiveComp
Theodore N. Geisler (Chairman, President & CEO): target incentive up to 125% of base, max 250%. Payouts only if APS hits specified 2026 earnings threshold; also tied to business-unit metrics (safety, customer experience, financial health, reliability). $PNW 👔📈 #Incentives #Utilities
Cooper (CFO): target 70% (max 140%). Tetlow (COO): target 75% (max 150%). Heflin (CNO, Palo Verde): target 75% (max 150%); Palo Verde & APS performance thresholds apply for Heflin. Committee may adjust for unusual events (e.g., ACC rate impacts). Awards subject to clawback. $PNW ⚖️ #ExecutiveComp #Nuclear