Denis Cortese - Pinnacle West Independent Director

PNW Stock  USD 75.79  0.75  1.00%   

Director

Dr. Denis A. Cortese M.D. is Independent Director of the Company. Dr. Cortese is the Director of the ASU Health Care Delivery and Policy Program and a Foundation Professor in the Department of Biomedical Informatics, Ira A. Fulton School of Engineering and in the School of Health Management and Policy, W.P. Carey School of Business. He has held these positions since February 2010. Dr. Cortese was Emeritus President and Chief Executive Officer of the Mayo Clinic since November 2009, and was President and Chief Executive Officer of the Mayo Clinic from March 2003 until his retirement in November 2009. Dr. Cortese is also a director of Cerner Corporationrationration. since 2010.
Age 75
Tenure 14 years
Professional MarksPh.D
Address 400 North Fifth Street, Phoenix, AZ, United States, 85072-3999
Phone602 250 1000
Webhttps://www.pinnaclewest.com
Cortese is also a director of Cerner Corporationrationrationration. As former President and Chief Executive Officer of the Mayo Clinic, Dr. Cortese has extensive experience in leading complex organizations with multiple constituencies and has led an organization that delivers strong and efficient customer service, which parallels the Company strategies. Further, his background in public policy development, science and technology brings valuable perspective to issues that face the Company.

Pinnacle West Management Efficiency

The company has Return on Asset of 0.0228 % which means that on every $100 spent on assets, it made $0.0228 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0864 %, implying that it generated $0.0864 on every 100 dollars invested. Pinnacle West's management efficiency ratios could be used to measure how well Pinnacle West manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to 0.03 in 2024. Return On Capital Employed is likely to climb to 0.07 in 2024. At this time, Pinnacle West's Other Assets are fairly stable compared to the past year. Return On Tangible Assets is likely to climb to 0.03 in 2024, whereas Non Current Assets Total are likely to drop slightly above 12.9 B in 2024.
The company has 10.3 B in debt with debt to equity (D/E) ratio of 1.35, which is OK given its current industry classification. Pinnacle West Capital has a current ratio of 0.96, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Pinnacle West until it has trouble settling it off, either with new capital or with free cash flow. So, Pinnacle West's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Pinnacle West Capital sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pinnacle to invest in growth at high rates of return. When we think about Pinnacle West's use of debt, we should always consider it together with cash and equity.

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Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona. Pinnacle West operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 5872 people. Pinnacle West Capital (PNW) is traded on New York Stock Exchange in USA. It is located in 400 North Fifth Street, Phoenix, AZ, United States, 85072-3999 and employs 6,133 people. Pinnacle West is listed under Electric Utilities category by Fama And French industry classification.

Management Performance

Pinnacle West Capital Leadership Team

Elected by the shareholders, the Pinnacle West's board of directors comprises two types of representatives: Pinnacle West inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pinnacle. The board's role is to monitor Pinnacle West's management team and ensure that shareholders' interests are well served. Pinnacle West's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Pinnacle West's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Fox, Independent Director
Robert Smith, Executive Vice President, General Counsel, Chief Development Officer
Glynis Bryan, Independent Director
Daniel Froetscher, Senior Vice President - Transmission, Distribution & Customers
Elizabeth Blankenship, Chief Accounting Officer, Vice President Controller of Pinnacle West and APS
Amanda Ho, Director Relations
Robert Bement, Executive Vice President and Special Advisor to the Chief Executive Officer of APS
Humberto Lopez, Independent Director
Donna Easterly, Senior Vice President - Human Resources of APS
John Cadogan, Palo Ops
Jacob Tetlow, Executive Company
Gonzalo Melena, Independent Director
William Spence, Independent Director
David Wagener, Independent Director
Cary Harbor, Senior Company
Diane Wood, Assistant Sec
Theodore Geisler, Chief Financial Officer, Senior Vice President of the Company and APS
Todd Horton, SVP APS
James Hatfield, CFO, Executive VP, CFO of Arizona Public Service Company and Executive VP of Arizona Public Service Company
Bruce Nordstrom, Independent Director
Maria Lacal, Executive Vice President and Chief Nuclear Officer, PVGS, of APS
Adam Heflin, EVP Company
Dale Klein, Independent Director
Kathryn Munro, Lead Independent Director
James Trevathan, Independent Director
Paul Mountain, IR Contact Officer
Andrew Cooper, Vice President Treasurer of the Company and APS
Denis Cortese, Independent Director
Jeffrey Guldner, Executive Vice President - Public Policy of Pinnacle West, President - APS
Barbara Lockwood, Senior Vice President - Public Policy of APS
Paula Sims, Independent Director

Pinnacle Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Pinnacle West a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Pinnacle West Capital is a strong investment it is important to analyze Pinnacle West's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pinnacle West's future performance. For an informed investment choice regarding Pinnacle Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinnacle West Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running Pinnacle West's price analysis, check to measure Pinnacle West's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pinnacle West is operating at the current time. Most of Pinnacle West's value examination focuses on studying past and present price action to predict the probability of Pinnacle West's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinnacle West's price. Additionally, you may evaluate how the addition of Pinnacle West to your portfolios can decrease your overall portfolio volatility.
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Is Pinnacle West's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pinnacle West. If investors know Pinnacle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pinnacle West listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.215
Dividend Share
3.475
Earnings Share
4.59
Revenue Per Share
41.431
Quarterly Revenue Growth
0.007
The market value of Pinnacle West Capital is measured differently than its book value, which is the value of Pinnacle that is recorded on the company's balance sheet. Investors also form their own opinion of Pinnacle West's value that differs from its market value or its book value, called intrinsic value, which is Pinnacle West's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pinnacle West's market value can be influenced by many factors that don't directly affect Pinnacle West's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pinnacle West's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pinnacle West is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pinnacle West's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.