PG&E ex-CEO gets $2.5 million severance amid wildfire woes
Former PG&E CEO Geisha Williams lands $2.5 million in cash for severance pay despite being in charge during lethal wildfires of 2017 and 2018.
Other PG&E executives have left with large payouts, as well.
Nick Stavropoulos, who retired in September 2018, was president and chief operating officer of Pacific Gas and Electric, the utility operation of PG&E. Stavropoulos was eligible for a $6.9 million cash payout for his retirement, according to an official filing with the Securities and Exchange Commission in 2018.
From 2012 through 2017, PG&E allegedly falsified an array of records related to its gas pipeline system. Stavropoulos was the executive in charge of gas operations or was the head of the utility during those years.
https://www.chicoer.com/2019/01/15/pge-ex-ceo-gets-2-5-million-severance-amid-wildfire-woes-customer-bills-may-rise-after-bankruptcy/