PP&L Resources, Inc. (NYSE: PPL) will hold its annual meeting of shareowners in Bethlehem Friday (4/23). As many as 750 shareowners are expected to attend the meeting, 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, ratify the appointment of an independent accountant and approve amendments to incentive compensation plans for company officers and key employees.
About 158 million shares of common stock, which are held by nearly 160,000 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.