James H. Miller, the former CEO of PPL Corporation, is an engineer by training with a degree in Electrical Engineering from the University of Delaware. He took the reins of PPL in October 2006, after a successful transition from President...

James H. Miller, the former CEO of PPL Corporation, is an engineer by training with a degree in Electrical Engineering from the University of Delaware. He took the reins of PPL in October 2006, after a successful transition from President to CEO, following the retirement of William F. Hecht. During his tenure, Miller oversaw significant changes and challenges in the utility sector, reflecting a commitment to performance and shareholder value. While at PPL, his compensation fluctuated greatly, reflecting both his performance metrics and the company's success. Remarkably, in 2016, Miller's compensation package totaled over $15 million, showcasing the high stakes at the executive level. Interestingly, Miller's wealth was closely tied to his stock holdings in PPL, with fluctuations reaching upwards of $10 million at certain points. Miller's strategic focus on aligning executive pay with company performance was a key philosophy behind his leadership style. While he officially retired in June 2016, his legacy influences the operational priorities of PPL Corporation even today.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other PPL CEOs

P

James H. Miller

Ex-CEO of PPL

Education

Bachelor's degree in Electrical Engineering from the University of Delaware

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Utilities

Born

January 1, 1951 - 74 years ago

CEO of PPL for

9 years 7 months (Oct 2006 - May 2016)

Previous Experience

President and Chief Operating Officer of PPL Corporation

Rivals

Competitors/colleagues of James H. Miller

A

Warner L. Baxter

CEO of Ameren

2021 Compensation

Stock

$0.00

Salary

$1.30M

Bonus

$0.00

Other

$158.48K

Total Holdings

$23.31M

C

Patricia Kessler Poppe

CEO of CMS Energy

2023 Compensation

Stock

$0.00

Salary

$1.24M

Bonus

$1.95M

Other

$23.85K

Total Holdings

$26.21M

C

Timothy Cawley

CEO of Consolidated Edison

2023 Compensation

Stock

$11.43M

Salary

$1.35M

Bonus

$2.26M

Other

$79.60K

Total Holdings

$23.63M

E

David A. Campbell

CEO of Evergy

2023 Compensation

Stock

$940.54K

Salary

$1.06M

Bonus

$0.00

Other

$60.80K

Total Holdings

$26.23M

N

Lloyd Yates

CEO of NiSource

2023 Compensation

Stock

$0.00

Salary

$1.04M

Bonus

$2.50M

Other

$466.59K

Total Holdings

$10.10M

O

Sean Trauschke

CEO of OGE Energy

2023 Compensation

Stock

$0.00

Salary

$1.16M

Bonus

$1.49M

Other

$154.25K

Total Holdings

$24.83M

Holdings

See how much did James H. Miller make over time.

During his time at PPL Corporation, James H. Miller's stock holdings fluctuated significantly, often reflecting the company's operational success. At one point in 2020, his holdings were valued around $10 million, illustrating a strong personal investment in the company’s performance....

During his time at PPL Corporation, James H. Miller's stock holdings fluctuated significantly, often reflecting the company's operational success. At one point in 2020, his holdings were valued around $10 million, illustrating a strong personal investment in the company’s performance. Over the years, his stock value saw ups and downs, indicating the volatile nature of the utility sector. For example, in September 2019, his holdings were estimated at $8.75 million, which gradually increased before hitting $10.01 million by early 2020. The volatility of his holdings is a reminder of how closely linked executive wealth can be to the company's performance in the market. This dynamic played a crucial role in his strategic decisions as CEO.

Total Stock Sold

$2.06M

AES

$421.85K

19,280 AES shares

CCK

$1.63M

19,306 CCK shares

What if they kept their stock?

If James H. Miller didn't sell their stock, today they would have:
Extra AES19,280 shares worth $266.84K and CCK19,306 shares worth $1.34M.
This is -21.76% and $447.53K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of James H. Miller.

CCK

$40.09K

CCK at $95.46/share

Oct 28, 2024

Received

CCK

$96.18K

CCK at $95.60/share

Sep 23, 2024

Sale

CCK

$40.05K

CCK at $85.95/share

Jul 31, 2024

Received

CCK

$746.38K

CCK at $82.93/share

Jun 4, 2024

Sale

CCK

$40.01K

CCK at $83.00/share

May 8, 2024

Received

CCK

$40.01K

CCK at $74.64/share

Feb 14, 2024

Received

CCK

$40.01K

CCK at $80.18/share

Nov 1, 2023

Received

CCK

$40.04K

CCK at $93.56/share

Aug 2, 2023

Received

CCK

$789.15K

CCK at $84.86/share

May 5, 2023

Sale

CCK

$40.00K

CCK at $84.21/share

May 3, 2023

Received

Compensation History

See how much did James H. Miller make over time.

James H. Miller's compensation as CEO of PPL Corporation varied over the years, reflecting both his performance and the company's results. In 2014, he earned a notable $13.5 million, which was the highest during his tenure, driven by significant achievement against performance metrics. His pay structure was heavily influenced by performance-based metrics like earnings per share and total shareholder returns. In contrast, during challenging years such as 2010 and 2015, his total compensation dropped to approximately $5.8 million. The philosophy behind his compensation was to align his interests with those of the shareholders, thus motivating him to lead the company in a way that ultimately benefitted all. This performance-based pay approach was central to his leadership during nearly a decade at the helm of PPL.

Year

2016

Total Compensation

$11.69M

Salary

$1.15M

Board Justification

PPL Corporation's compensation philosophy emphasizes performance-based pay, aligning executive compensation with shareholder interests and company performance metrics.

Bonus

$0.00

Board Justification

No bonus was reported for 2016 as it was not applicable.

Other

$171.35K

Board Justification

Includes matching contributions to retirement plans and other perquisites such as financial planning services.

Restricted Stock

$10.37M(304.44K restricted stock units)

Board Justification

304,443 shares of restricted stock units vested in 2016, reflecting performance over the previous years.

Performance Metrics

The performance metrics for 2016 included earnings per share (EPS) and earnings before interest and taxes (EBIT), with a focus on achieving financial targets.

Other PPL CEOs

Here are other CEOs of PPL

William H. Spence

Ex-CEO of PPL

June 2016 - May 2020