PG&E bestows multi-million-dollar pay package on new CEO

PG&E bestows multi-million-dollar pay package on new CEO

5 years ago
Anonymous $9jpehmcKty

https://www.mercurynews.com/2019/04/16/pge-bestows-multi-million-dollar-pay-package-on-new-ceo/

PG&E’s new chief executive officer will receive a base salary of $2.5 million a year, according to a new regulatory filing on Tuesday.

William “Bill” Johnson was formally appointed on April 10 to become the new CEO of the company, which has been plodding through a bankruptcy proceeding as it wrestles with financial calamities linked to wildfire-related liabilities and debts.