[USA] “PG&E Announces New Chief Executive Officer and Appointment of a Refreshed Board of Directors; New Leadership Focused on Enhancing Safety Culture and Operational Excellence”

[PG&E, 3 April 2019]

PG&E has appointed William Johnson as the new CEO and President of the company. PG&E has also selected 10 new directors for its Board of Directors. Prior to this new position, William Johnson served as the President and CEO of the Tennessee Valley Authority. These “significant” changes in leadership is meant to emphasize the company’s renewed efforts at prioritizing safety, operational effectiveness, and “successfully navigating” the company’s Chapter 11 bankruptcy filing. The PG&E Board commented on the changes, “We have heard the calls for change and have taken action today to ensure that PG&E has the right leadership to bring about real and dynamic change that reinforces our commitment to safety, continuous improvement and operational excellence. We believe our new CEO and the newly constituted Board will help PG&E address California's evolving energy challenges and deliver what our customers expect from their energy company."