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Wed Jun 10, 2020, 07:23 PM

PG&E names 11 new board members as part of bankruptcy overhaul

San Francisco Chronicle / June 10, 2020

PG&E Corp. on Wednesday announced the names of 11 new board members who will help steer the company after the expected conclusion of its bankruptcy case this year.

The San Francisco parent of Pacific Gas and Electric Co. said six of the new directors are from California, in keeping with the desires of state officials. PG&E agreed to “substantial modifications” to its board in a bankruptcy deal with Gov. Gavin Newsom this year.

PG&E said the directors will provide “substantial expertise in key areas critical to the company’s work” such as utility operations, safety, risk management, regulatory affairs, engagement with customers and more.

SNIP

The new board members will be Rajat Bahri, the chief financial officer of San Francisco e-commerce company Wish; Kerry Cooper, former president and CEO of shoe brand Rothy’s; Jessica Denecour, former senior VP and chief information officer at Palo Alto’s Varian Medical Systems; Admiral Mark Ferguson, senior advisor to private consultancies and the Institute for Defense Analysis and NATO Allied Command Transformation; Bob Flexon, former CEO of Houston energy company Dynegy; Craig Fugate, chief emergency management officer of Menlo Park startup One Concern; Arno Harris, managing partner of Virginia housing developer AHC; Mike Niggli, who spent 13 years at San Diego Gas & Electric parent Sempra Energy; Dean Seavers, former president and executive director at British energy companyNational Grid; Dara Treseder, chief management officer of Redwood City’s Carbon and Ben Wilson, chairman of the law firm Beveridge & Diamond PC.

Story (probable paywall): https://www.sfchronicle.com/business/article/PG-E-names-11-new-board-members-as-part-of-15331277.php

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