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APS, Pinnacle West Align Services, Management.


PHOENIX--(BUSINESS WIRE)--July 23, 1999--

As a part of its transition to a competitive market in the electric utility industry, APS and its parent company Pinnacle West Capital Corporation today announced new senior management assignments and responsibilities at Pinnacle West.

"Changes in the industry require us to make changes in our business," said Bill Post, Chief Executive Officer of APS and Pinnacle West Capital Corporation. "The management assignments approved by the Pinnacle Board today are a logical extension of structural changes made last year acknowledging the division of the traditional, vertically-integrated utility into three separate operating units - generation, distribution, and energy services."

"Re-deployment of selected shared services shared services,
n.pl the administrative, clinical, or other service functions that are common to two or more hospitals or their health care facilities and used jointly or cooperatively by them.
 to the parent company is intended to capture greater efficiencies throughout the organization. Today's move puts the right people in the right place to maximize operational efficiency."

APS officers newly elected to the Pinnacle West officer staff and their titles are as follows: Armando Flores Flores, town, Guatemala
Flores (flōrəs), town (1990 est. pop. 2,200), capital of Petén department, N Guatemala. Flores was built on an island in the southern part of Lake Petén Itzá and on the site of the
, executive vice president, Corporate Business Services; John Bohon, vice president, Corporate Services Activities that combine or consolidate certain enterprise-wide needed support services, provided based on specialized knowledge, best practices, and technology to serve internal (and sometimes external) customers and business partners.  and Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. ; Edward Fox There have been several well-known individuals named Edward Fox, including:
  • Edward Fox (bishop) (c.1496–1538), an English clergyman
  • Edward Fox (jurist) (born 1815), an American judge
  • Edward Fox (actor) (born 1937), an English actor
, vice president Communications, Environment and Safety; Nancy Loftin, vice president and general counsel; Chris Froggatt, controller.

Promoted to vice president and newly elected to the Pinnacle West officer staff are Robert S. Aiken, vice president, Federal Affairs and Martin L. Shultz, vice president, Governmental Affairs.

The newly elected officers will join the current senior management team, which includes Bill Post, Chief Executive Officer; Richard Snell, Chairman; George Schreiber, President and Chief Financial Officer; James Kunkel, Vice President; Faye Widenmann, Vice President and Secretary; Michael Palmeri, Treasurer.

APS, Arizona's largest and longest-serving electric utility, provides wholesale or retail electric service to the entire state with the exception of Tucson and about one-half of the Phoenix area. APS, with headquarters in Phoenix, is the principal subsidiary of Pinnacle West (NYSE NYSE

See: New York Stock Exchange
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PNW Palestinian Airlines (ICAO code)
PNW Probes Northwest (Ford Probe owners club)
PNW Prescott and Northwestern Railroad Company
PNW Printer Not Working
PNW Personal Netware
).
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 23, 1999
Words:299
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