PG&E names Bill Johnson as CEO and overhauls its board
LA TimesBill Johnson, shown in 2017, is wrapping up his time as CEO of the Tennessee Valley Authority, the nation’s largest public utility. PG&E Corp. announced an overhaul of its leadership late Wednesday: The troubled California utility chose Bill Johnson as president and chief executive and named 10 new directors to its board. PG&E’s “board refreshment” comes as the company faces intense scrutiny for its equipment’s role in sparking deadly California wildfires and for its overall approach to safety. But the governor still has concerns — particularly about “the large representation of Wall Street interests and most board nominees’ lack of relevant California experience,” Click said in an emailed statement. “PG&E is in critical need of leadership that will put safety first and build public trust,” Sen. Bill Dodd said in a statement, adding that the new leaders will have to prove themselves with “actions and results, not words or symbolic gestures.” The company’s previous CEO, Geisha Williams, resigned in January shortly before PG&E filed for bankruptcy.