Form 8-K · Current Report · Filed 2024-10-15
PG&E Chair Resigns, New Chair Appointed
On October 11, 2024, Robert C. Flexon, Chair of the Board of PG&E Corporation, announced his resignation from the boards of PG&E Corporation and Pacific Gas and Electric Company, effective October 31, 2024. Following his resignation, Kerry W. Cooper was appointed as the new Chair of the Board of PG&E Corporation. The resignation does not involve any disagreements on operations, policies, or practices.
- Filer
- PG&E Corporation PCG · NYSE
- Filed
- Accession
- 0001839882-24-033695
- CIK
- 0001004980
- Signal
- High impactUtilities
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Market reaction
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$20.24
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+1.3%
Since filing
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$17.38
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About PG&E Corporation
PG&E Corporation is a prominent energy infrastructure company engaged in delivering gas and electricity services to millions of customers, primarily in Northern and Central California. As a critical player in the utility sector, PG&E focuses on generating, transmitting, and distributing energy while upholding commitments to safety, reliability, and environmental stewardship. The company plays a vital role in supporting regional economies by facilitating energy needs for residential, commercial, and industrial users. PG&E Corporation is also at the forefront of integrating renewable energy sources, contributing to California's ambitious climate goals. By managing a vast network of power lines and gas pipelines, PG&E ensures consistent energy provision in a region prone to environmental challenges such as wildfires and earthquakes. As a major utility provider, PG&E's performance and strategic initiatives significantly impact regulatory environments, energy markets, and sustainability efforts in the burgeoning clean energy transition. Headquartered in San Francisco, California, PG&E Corporation's efforts in modernizing infrastructure and investing in technology aim to enhance grid resilience and customer service across its expansive service area.
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