UPDATE 2-CEO exits as PG&E faces fire liabilities, bankruptcy preparations [Reuters]
Pacific Gas & Electric Co. (PCG)
Last pacific gas & electric co. earnings: 5/1 08:21 am
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finance.yahoo.com/quote/pg
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Source: Reuters
CEO exits as PG&E faces fire liabilities, bankruptcy preparations | Reuters 5 Min Read (Reuters) - PG&E Corp PGC.N Chief Executive Geisha Williams has stepped down, the company said on Sunday, as pressure from potentially crushing liabilities linked to catastrophic wildfires have pushed the California utility owner to the financial brink and prompted it to make bankruptcy preparations. Williams, who took the helm of the provider of electricity and natural gas to millions of customers in March 2017, will be replaced by General Counsel John Simon on an interim basis, the company said. She also resigned from the boards of both PG&E and its utility subsidiary, Pacific Gas and Electric Co. “While we are making progress as a company in safety and other areas, the Board recognizes the tremendous challenges PG&E continues to face. We believe John is the right interim leader for the company,” PG&E Chairman Richard Kelly said in a statement. “Our search is focused on extensive operational and s
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News
- Nearly 5,000 Nonprofits and Schools Benefit from Charitable Contributions from PG&E and The PG&E Corporation Foundation [Yahoo! Finance]Yahoo! Finance
- Nearly 5,000 Nonprofits and Schools Benefit from Charitable Contributions from PG&E and The PG&E Corporation FoundationPR Newswire
- PG&E, Edison, California Apply for $2 Billion US Grid Grant [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Statewide Partnership Aims to Deliver More Clean Energy Faster to Californians and Support State Climate GoalsPR Newswire
- What Young Employees In The Construction Trades Need To Know Now [Forbes]Forbes
PCG
Earnings
- 2/22/24 - Beat
PCG
Sec Filings
- 4/4/24 - Form ARS
- 4/4/24 - Form DEFA14A
- 4/4/24 - Form DEF
- PCG's page on the SEC website