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Stock impact report

California utility PG&E replaces CEO amid bankruptcy worries [CNN]

Pacific Gas & Electric Co. (PCG) 
Last pacific gas & electric co. earnings: 5/1 08:21 am Check Earnings Report
US:NYSE Investor Relations: finance.yahoo.com/quote/pg
Company Research Source: CNN
California utility PG&E replaces CEO amid bankruptcy worries New York (CNN ) The company said Sunday night that CEO Geisha Williams has stepped down. She will be replaced temporarily by John Simon. The PG&E ( PCG "While we are making progress as a company in safety and other areas, the Board recognizes the tremendous challenges PG&E continues to face," said Richard Kelly, chair of PG&E's board. "We believe John is the right interim leader for the company while we work to identify a new CEO." Williams had been CEO since 2017. Reuters reported Read More could be on the hook The cause of the Camp Fire is still under investigation, according to state fire officials. But PG&E has suggested it may be responsible. In a PG&E report last month, the company outlined how employees discovered damaged power towers minutes before the Camp Fire broke out. One employee called 911 the day the wildfire started after spotting flames close to a high-voltage tower in Butte County — 15 minutes after a tran Show less Read more
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