– USA, CA – PG&E Corporation (NYSE:PCG) today announced that shareholders elected CEO and President Geisha Williams to the PG&E Corporation Board of Directors, and elected former U.S. Secretary of Homeland Security Jeh C. Johnson to the PG&E Corporation Board of Directors and the Board of Directors of its subsidiary, Pacific Gas and Electric Company. Secretary Johnson will serve on the Compliance and Public Policy Committee and on the Nuclear, Operations, and Safety Committee of the PG&E Corporation Board of Directors.
“Our customers and our company stand to benefit greatly from Secretary Johnson’s vast experience in the public and private sectors, particularly in matters of security, cybersecurity, critical infrastructure protection and emergency response,” said PG&E Corporation Executive Chair of the Board Tony Earley.
Secretary Johnson served as the head of Homeland Security from December 2013 to January 2017, and is now a partner at the international law firm of Paul, Weiss, Rifkind, Wharton & Garrison LLP. Previously, he served as General Counsel of the U.S. Department of Defense, General Counsel of the U.S. Department of the Air Force, and Assistant U.S. Attorney in the Southern District of New York.
Both announcements reflect PG&E’s continued focus on positioning itself for the future. Yesterday, in remarks at the joint annual shareholders meeting of PG&E Corporation and Pacific Gas and Electric Company, Williams highlighted the companies’ progress on safety, reliability and reducing greenhouse gas emissions, among other accomplishments. She reaffirmed PG&E’s commitment to safety and operational excellence, delivering for customers and leading the way to achieve California’s clean energy goals.
“Ultimately, we see PG&E as not only playing a fundamental role in meeting our customers’ evolving energy needs, but also paving the way for California’s sustainable energy future. Our goals and plans over the next five years are focused on that….We are seeing exciting advancements in areas such as distributed generation, alternative-fueled vehicles and battery storage. Our job is to provide the platform that interconnects all of these technologies in order to maximize their benefits for customers,” said Williams.
At the companies’ joint annual meeting of shareholders, in addition to electing all nominees to the PG&E Corporation and Pacific Gas and Electric Company Boards of Directors, shareholders ratified the re-appointment of the companies’ independent registered public accounting firm, Deloitte & Touche LLP; approved the companies’ executive compensation on an advisory basis; approved an annual frequency for the advisory vote on executive compensation; and did not approve a shareholder proposal that PG&E Corporation discontinue its charitable giving program unless a majority of our customers positively affirm it through a public vote. Final voting results will be reported in a Current Report on Form 8-K to be filed with the Securities and Exchange Commission and will be available on the companies’ websites.
For more information : http://www.pge.com
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