
PP&L Resources Shareowners to Meet
PP&L Resources, Inc., NYSE (PPL) parent company of Pennsylvania Power & Light, will hold its annual meeting of shareowners in Bethlehem Wednesday (4/23).
As many as 1,000 shareowners are expected to attend the event, which begins at 1:30 p.m. at Lehigh University's Stabler Arena in Lower Saucon Township, near Bethlehem, Pa.
Shareowners, casting ballots either in person or by proxy, are being asked to re-elect directors and ratify the appointment of an independent auditor.
More than 163 million shares of common stock, held by about 122,000 individuals and institutions, are eligible for voting.
William F. Hecht, chairman, president and chief executive officer, will preside over the session. A question-and-answer period for shareowners will follow the formal portion of the meeting.
There are four nominees for the company's board of directors:
- E. Allen Deaver, executive vice president, a member of the president's office and a director of Armstrong World Industries Inc., Lancaster, Pa.
- Nance K. Dicciani, vice president and Monomers Business Unit director, Rohm and Haas Co., Philadelphia, Pa.
- Elmer D. Gates, vice chairman of Fuller Co., Bethlehem, Pa.
- Norman Robertson, former senior vice president and chief economist of Mellon Bank N.A., Pittsburgh, Pa.
If re-elected, they will serve until the 2000 annual meeting.
Directors continuing in office are (term expiration year in parenthesis):
- Frederick M. Bernthal, president of Universities Research Association, Washington, D.C. (1999)
- William J. Flood, secretary-treasurer of Highway Equipment & Supply Co., Harrisburg, Pa. (1999)
- Derek C. Hathaway, chairman, president and chief executive officer of Harsco Corp., Camp Hill, Pa. (1998)
- Hecht (1999)
- Stuart Heydt, president and chief executive officer of Geisinger Foundation, Danville, Pa. (1998)
- Clifford L. Jones, former president of the Capital Region Economic Development Corp., Camp Hill, Pa. (1998)
- Ruth Leventhal, professor of biology at the Milton S. Hershey Medical Center, Hershey, Pa. (1998)
- Frank A. Long, executive vice president of PP&L Resources (1999)
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