Pge Executive Salaries

Pge Executive Salaries Business News News Based on facts either observed and verified directly by the reporter or reported and verified from knowledgeable sources PG E s top boss harvests total exec pay that tops

Press Contact Alex Formuzis alex ewg 202 667 6982 April 11 2022 While millions of California families struggled financially in 2021 due to the coronavirus pandemic Pacific Gas Electric s CEO made over 50 million for leading the reviled utility with a history of bad investments and punitive energy bills Poppe s base annual salary is 1 35 million CenterPoint Energy Inc s David Lesar was the second highest paid utility CEO in 2021 and saw his compensation package increase 200 to 37 8 million up from 12 6 million in 2020

Pge Executive Salaries

Pge Executive Salaries
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Joe Smyth January 8 2023 Investor owned electric and gas utilities paid their CEOs 2 7 billion between 2017 and 2021 according to corporate data reviewed by the Energy and Policy Institute CEOs for the 58 companies reviewed for this analysis received more than 629 million in 2021 a nearly 40 increase from the 451 million paid in 2017 William Smith who was interim PG E chief executive officer during 2020 captured 6 17 million in pay as measured by his total direct compensation according to a company filing with the

SAN FRANCISCO Pacific Gas Electric s CEO Patricia Poppe received 51 2 million in compensation last year more than 190 times what the utility s average employee earns and a tone deaf windfall amid soaring energy bills ratepayers can t afford Daily Democrat Several top PG E executives harvested hefty increases in their pay during 2020 a year in which the company emerged from bankruptcy and caused a fatal wildfire in Shasta County a regulatory filing on Thursday shows

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Among the PG E executives who received higher pay in 2020 as stated in the SEC documents Michael Lewis interim president of Pacific Gas Electric Company the utility unit of holding company PG E 2 08 million in 2020 up from 697 200 in 2019 David Thomason PG E chief financial officer 1 53 million in 2020 up from 659 400 in Executive compensation was unique in the industry Since the Commission approved PG E s 2020 executive compensation structure in D 20 05 053 PG E has continued to refine the structure to more robustly promote public and workforce safety customer welfare financial stability and the recruiting and retention of talented executives

Lewis is getting a 450 000 annual salary and a one time promotional cash award of 125 000 Records also show on September 1 2018 Steven Malnight was promoted to the role of Senior Vice In 2017 Geisha Williams PG E s CEO was awarded 8 6 million in total direct compensation a 106 percent increase from 2016 a filing with the SEC disclosed

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Pge Executive Salaries - Joe Smyth January 8 2023 Investor owned electric and gas utilities paid their CEOs 2 7 billion between 2017 and 2021 according to corporate data reviewed by the Energy and Policy Institute CEOs for the 58 companies reviewed for this analysis received more than 629 million in 2021 a nearly 40 increase from the 451 million paid in 2017