In a substantial shift at the top, Arizona Public Service (APS) announced that Jeff Guldner will be retiring from his positions as Chairman and CEO on March 31, 2025, according to a report by ABC15. Successor Ted Geisler, who is currently serving as APS’s President, is geared up to take the baton starting April 1, 2025. This transition also extends to Pinnacle West Capital Corp., of which APS is a subsidiary.
Geisler, an Arizona native with the company for 23 years, is stepping into a significant role following a track record that includes top ranks in reliability and customer satisfaction for APS. Guldner, however, will not be stepping away entirely. He plans to serve in an advisory role through March 2026 to ensure a smooth transition, as per a statement obtained by the Business Wire.
Geisler is no stranger to leadership, previously holding positions such as Chief Financial Officer and General Manager of Transmission and Distribution at APS – experiences that have forged his operational strengths and his aptitude for steering the company toward further growth. "Ted has been a trusted partner and deeply involved in crafting and executing the company’s long-term strategy," Guldner mentioned, affirming Geisler's capabilities to drive the company forward into a burgeoning era, as stated by Business Wire.
Geisler expressed his honor and readiness to guide APS, articulating his respect for the outgoing CEO and underscoring the strong foundation laid out for the utility provider's trajectory "It’s an honor to continue to serve in this new capacity," he acknowledged, as reported by the Business Wire.
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