PG&E Corporation recently announced the appointment of William “Bill” Johnson as chief executive officer (CEO) and president and 10 new directors to its Board of Directors. The changes in leadership reflect PG&E’s focus on safety and operational effectiveness, and navigating the company’s Chapter 11 process.
Safety is the central mission of both the PG&E management team and the board. To that end, PG&E made a commitment to enacting leadership changes, including selecting a new CEO and refreshing the board significantly by replacing a majority of the directors with new independent directors before the company’s annual meeting of shareholders this year. According to the company, its refreshed board includes 13 accomplished individuals committed to enhancing PG&E’s safety culture, understanding, and properly responding to customer concerns and fairly treating wildfire victims, employees, retirees and other interested parties. Johnson, the management team and the board are also committed to working constructively with regulators, policymakers and other stakeholders in an open and transparent fashion to support…
