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PG&E To Reshape Board In Aftermath Of Wildfires

Monday, February 11, 2019 | Sacramento, CA
Ben Margot / AP file

In this Oct. 18, 2017 file photo, a Pacific Gas & Electric worker replaces power poles destroyed by wildfires in Glen Ellen, Calif.

Ben Margot / AP file

(AP) — Half of the board at PG&E is unlikely to stand for re-election at the besieged utility company that is reeling in the aftermath of last year's deadly California wildfires.

The company said Monday that it understands the need to "re-earn trust and credibility" with customers and regulators.

PG&E says that it foresees 11 independent directors on its board by the time of its 2019 annual shareholders meeting on May 21. It doesn't expect more than five of the current directors to seek another term.

It did not say which board members are likely to remain.

PG&E, the nation's biggest utility, filed for Chapter 11 reorganization last month as it faces the possibly of tens of billions of dollars in claims.

PG&E has promised to spend more than $2 billion this year to improve wildfire prevention. The utility says it will step up its tree cutting and trimming this year. It's also said it's not waiting for regulatory and judicial approval and has already instituted more inspections of its equipment. Last week PG&E proposed removing 375,000 trees this year after cutting down 160,000 last year that threatened to fall into power lines.


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    More about wildfire

  • Andrew Nixon / CapRadio

    California Wildfires: Latest Updates

    CapRadio provides the latest information and updates on wildfires hitting the state, and resources for listeners to help prepare, follow and respond to fire.

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  • Marcio Jose Sanchez / AP Photo

    California Governor Criticizes PG&E's Plan For New Board

    Thursday, March 28, 2019
    "With this move, PG&E would send a clear message that it is prioritizing quick profits for Wall Street over public safety and reliable and affordable energy service," Newsom said.
  • Andrew Nixon / Capital Public Radio

    PG&E Spent Most For 2018 Lobbying

    Friday, February 1, 2019
    Pacific Gas & Electric Corp. spent nearly $10 million on California lobbying efforts in the year before the utility giant declared bankruptcy, spending more than any other entity seeking to influence California government in 2018.
  • Andrew Nixon / Capital Public Radio

    Photos: California Utility Regulators Hear Public Protest Over PG&E

    Thursday, January 31, 2019
    Demonstrators advocated for fire victims and public ownership of utilities at the California Public Utilities Commission meeting in Sacramento on Thursday.
  • Justin Sullivan / Getty Images

    Here's How PG&E's Bankruptcy Might Hurt California's Ambitious Climate Goals

    Thursday, January 31, 2019
    PG&E is key to helping California meet its ambitious goal of zero carbon electricity by mid-century. Now there's concern that the utility's bankruptcy may set that back.
  • AP Photo/Jeff Chiu

    Judge Says PG&E Violated Its Probation In San Bruno Pipeline Explosion Case

    Wednesday, January 30, 2019
    A federal judge found Wednesday that PG&E violated its probation in the criminal case stemming from the San Bruno pipeline explosion in 2010.
  • Mike Eliason / AP

    PG&E Files For Bankruptcy In Wake Of Fire Lawsuits

    Tuesday, January 29, 2019
    The utility is facing billions of dollars in legal liability for fires caused by its equipment. PG&E filed for Chapter 11 bankruptcy, which would let it restructure its debts.

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