Business Context and Reporting Period
This Form 8-K Current Report is filed by Pinnacle West Capital Corporation and its subsidiary, Arizona Public Service Company (APS). The report covers events occurring on January 19, 2010, and January 20, 2010, regarding corporate governance and executive appointments.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
The material changes reported in this filing are limited to the following personnel appointments effective January 20, 2010:
- Denise R. Danner was appointed Vice President, Controller, and Chief Accounting Officer of Pinnacle West Capital Corporation and Chief Accounting Officer of APS. She replaces Barbara M. Gomez, who is assuming the new position of APS Vice President, Supply Chain.
- Dr. Denis A. Cortese was appointed to the Finance, Nuclear and Operating Committee of the Board of Directors. Dr. Cortese joined the Board effective January 1, 2010.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary on financial performance, risks, contingencies, or unusual items. The document serves solely to disclose the aforementioned executive and board appointments.
Investor Verification Checklist
- Confirm the effective date of Denise R. Danner's new roles (January 20, 2010).
- Verify the transition of Barbara M. Gomez to the Vice President, Supply Chain role at APS.
- Confirm Dr. Denis A. Cortese's appointment to the Finance, Nuclear and Operating Committee.
- Note that this filing contains no financial results; refer to the most recent 10-K or 10-Q for financial data.