PCG - PG&E Corporation

NYSE - NYSE Delayed price. Currency in USD

PG&E Corporation

77 Beale Street
PO Box 770000
San Francisco, CA 94177
United States
415-973-1000
http://www.pgecorp.com

Sector(s)Utilities
IndustryUtilities—Regulated Electric
Full-time employees23,000

Key executives

NameTitlePayExercisedYear born
Mr. William L. SmithInterim CEO & Director26.76kN/A1957
Mr. Jason P. WellsExec. VP & CFO690.87kN/A1978
Ms. Janet C. LoducaSr. VP & Gen. Counsel695.42kN/A1968
Mr. John R. SimonExec. VP of Law, Strategy & PolicyN/AN/A1965
Mr. Michael A. LewisSr. VP of Electric Operations681.64kN/A1963
Amounts are as of 31 December 2019, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources. As of December 31, 2019, the company owns and operates approximately 18,000 circuit miles of interconnected transmission lines, 33 electric transmission substations, approximately 107,000 circuit miles of distribution lines, 68 transmission switching substations, and 760 distribution substations; and natural gas transmission, storage, and distribution system consisting of approximately 43,300 miles of distribution pipelines, approximately 6,300 miles of backbone and local transmission pipelines, and various storage facilities. It serves residential, commercial, industrial, and agricultural customers, as well as natural gas-fired electric generation facilities. The company was incorporated in 1995 and is headquartered in San Francisco, California. On January 29, 2019, PG&E Corporation filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Northern District of California.

Corporate governance

PG&E Corporation’s ISS governance QualityScore as of 7 December 2019 is 1. The pillar scores are Audit: 5; Board: 1; Shareholder rights: 1; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.