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9.09918107368216E-06 9.09918107368216E-06 0 -0.00136487716105556 0.000454959053685239 -0.00545950864422207 0 0.00272975432211111
Stock impact report

PG&E CEO Johnson to Retire June 30 - Led Bankruptcy Revamp [TheStreet.com]

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: TheStreet.com
PG&E Corp.(PCGGet ReportJohnson is also resigning from the board.At last check PG&E shares were up 0.6% at $10.91."I joined PG&E to help get the company out of bankruptcy and stabilize operations," Johnson said in a statement. "By the end of June, I expect that both of these goals will have been met."Johnson’s resignation "does not involve any disagreement on any matter relating to [PG&E’s] or the utility’s operations, policies or practices," the San Francisco company said in a regulatory filing.PG&E named William Smith interim CEO. Smith, who joined PG&E's board in 2019, will take the post from the time Johnson departs through the appointment of a new CEO.Smith is retired president of AT&T Technology Operations at AT&T Services.PG&E and its utility unit filed under the bankruptcy laws in January 2019, citing more than $30 billion in potential liabilities from major wildfires in 2017 and 2018 that were linked to its equipment.PG&E must exit bankruptcy by June 30 to take part in a stat Show less Read more
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