Community Leader of the Year Award, Arthritis Foundation, 1995; Distinguished Citizen of the Year, Sales and Marketing Executives of Lehigh Valley, 1996
William F. Hecht has received the Environmental Protection Agency's Lifetime Achievement Award, recognized by the National Conservation Achievement Award for Corporate Achievement in Conservation, and received the Presidential Rank Award for Meritorious Executive.
William F. Hecht was born on March 18th, 1943.
William F. Hecht was born in New York, New York in the United States.
In 1991 Hecht was made president of Pennsylvania Power and Light. Two years later he assumed the posts of CEO and chairman of the board. Hecht came into a leadership role with the company just as the electric industry was entering an era of consolidation
its ability to make a profit in both the regulated electricity delivery business and the deregulation electricity generation and marketing business. Once again, however, Hecht pointed to deregulation as the primary foundation of the company's success
realigning the company's management and broadening the executive team in the process. His goal was to further sharpen the company's focus. This move, noted analysts, reflected Hecht's disciplined but opportunistic management style
William F. Sharpe won The Prize in Economic Sciences in 1990.
In 1994, a year after he took over as chairman and CEO, Hecht guided Pennsylvania Power and Light to form a holding company, PP and L Resources, which became PPL Corporation in 2000
joined Pennsylvania Power and Light Company. He served primarily as a project engineer until he entered management in 1972, when he was appointed manager of distribution planning. Over the next two decades Hecht held several managerial posts
Kennedy won the 1955 Pulitzer Prize for his book Profiles in Courage.
made Pennsylvania Power and Light the first Pennsylvania utility to endorse generation market competition
believed the problem could only be solved by allowing the forces of supply and demand to set prices that both discouraged consumption and encouraged production
serving as vice chairman of the board of trustees of Lehigh University, president of the Lehigh Valley Partnership, and chairman of the Lehigh Valley United Way Campaign.