Donald Brandt, CEO of the state’s largest utility and its parent company, will retire before the end of the year.
Brandt, who has held dual leadership roles at Arizona Public Service Co. and its parent, Pinnacle West Capital Corp. (NYSE: PNW), will step down on Nov. 15 after 16 years with the company.
He will be replaced by current APS President Jeff Guldner, according to Wednesday’s announcement by the Pinnacle West board.
Guldner was named president of APS in December. He will assume Brandt’s…
