PG&E: Several execs captured pay raises in 2020, SEC docs show
Contra Costa Times (Walnut Creek, CA)
Apr. 9—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.
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
Securities and Exchange Commission. Smith took over as interim — and temporary — CEO in
June 2020.
PG&E, a holding company whose principal operating unit is utility behemoth