PG&E Corp DEF 14A, filed Apr 10, 2025

PG&E Corp (PCG)

DEF 14A 2025-04-10 For: 2025-05-22

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Added on June 12, 2026

About this DEF 14A

PG&E Corp filed this DEF 14A on April 10, 2025.

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			Preliminary Proxy Statement
			CONFIDENTIAL, FOR USE OF THE COMMISSION ONLY (AS PERMITTED BY RULE 14a-6(e)(2))
			Definitive Proxy Statement
			Definitive Additional Materials
			Soliciting Material under §240.14a-12


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			Fee computed on table in exhibit required by item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.
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1			Joint notice of 2025 annual meetings of shareholders of PG&E Corporation and Pacific Gas and Electric Company
2			Executive summary
15			Proposal 1: Election of directors of PG&E Corporation and Pacific Gas and Electric Company
16			Director biographies
26			Governance
29			Operations
33			Oversight
36			Related Person Transactions
37			Compensation of non-employee directors
40			Share ownership information
44			Proposal 2: Advisory vote to approve executive compensation for PG&E Corporation and Pacific Gas and Electric Company
45			Compensation Discussion and Analysis
72			Compensation Committee Report
75			Executive officer compensation
100			Proposal 3: Ratification of the appointment of Deloitte and Touche LLP as the independent public accounting firm for PG&E Corporation and Pacific Gas and Electric Company
100			Report of the Audit Committees
104			Proposal 4: Approval of the 2025 PG&E Corporation Employee Stock Purchase Plan
106			User guide
106			Defined terms
108			Website availability of governance documents
109			General information about the 2025 annual meetings and voting
113			2026 Annual meeting
			Appendix A: PG&E Corporation 2025 Employee Stock Purchase Plan


Dear Shareholders, Today at PG&E1, we continue to make progress on our Triple Bottom Line approach of serving People, the Planet, and California’s Prosperity. In service of People, we are proud of the foundation of safety that our coworkers are building for the hometowns we serve. In 2024, we achieved a second consecutive year of zero major wildfires caused by company equipment. Our layers of wildfire protection are working. We have buried 875 miles of powerlines in the highest fire-risk areas, installed over 630 AI-enabled wildfire cameras, added more than 1,500 sectionalizing devices to narrow the impact of wildfire safety outages, and much more. Our foundation of safety is also evident in our natural gas operations, where we continued our top-quartile industry performance on reducing pipeline dig-ins from third parties and responding to gas emergencies in under 20 minutes. Of course, our work on safety is never finished, particularly as we see more extreme weather and other impacts from a changing climate. To meet these challenges, we’re focused on building infrastructure for purpose: an energy system that not only is resilient to changing conditions, but also enables a clean energy future that’s better for the Planet. In 2024, we continued our strong track record on clean energy—98% of the electricity we delivered to customers who purchase their power directly from us was greenhouse-gas free. On our natural gas system, we interconnected four new renewable natural gas (RNG) facilities last year, enabling more California-produced RNG to reach consumers and reducing methane emissions. We are also pleased to continue operations of our Diablo Canyon Power Plant, a reliable generator of clean power for the state. In addition to our progress in serving People and Planet, we are determined to serve California’s Prosperity with energy that’s affordable for all. Our plan to achieve this is called our Simple, Affordable Model. The model starts with our expected capital investments of approximately $63 billion from 2024 through 2028 to continue improving safety and reliability for customers. To reduce the impact of that infrastructure investment on customer bills, we have a three-tiered approach. We have set a goal to reduce non-fuel operating and maintenance costs by at least 2% each year. In 2023 and 2024, we surpassed this goal. By reducing materials, labor and other costs as well as more efficiently planning and automating our work, we saved more than $1 billion in operating and capital costs in 2024. We then reinvested that savings into the business to continue improvements at no added cost to customers.	We also see opportunity for advancing affordability through new demand for electricity. In fact, we expect demand to double by 2040, driven by new data centers, fully electric vehicle charging and fully electric homes and businesses. More load growth can reduce the price per kilowatt-hour for all by spreading out the fixed costs of grid operations. As a sign of growing demand, we added nearly 14,000 new customers to our grid in 2024—a modern company record. Finally, we see opportunity to improve affordability by lowering our financing costs. We plan to achieve this as our credit ratings continue to improve and as we secure alternative financing including federal loans. In the end, our Simple, Affordable Model calls for limiting annual growth in customer costs to 2-4%. As proof that it’s possible, we are pleased that average electric bills on March 1, 2025, were lower than they were a year ago. Similarly, natural gas delivery rates are expected to remain flat in 2025. We are proud of our progress in recent years, and we know more is needed. All of us at PG&E are steadfast in our commitment to serving People, the Planet and California’s Prosperity by providing energy that’s resilient, clean, and affordable for all. Sincerely,

	Kerry W. Cooper Chair of the Board PG&E Corporation	Patricia K. Poppe Chief Executive Officer PG&E Corporation




Internet	Phone	Proxy Card by Mail	2025 Annual Meeting


			PG&E Corporation \| Pacific Gas and Electric Company
April 10, 2025


Proposal 1: Election of Directors
Elect each of the nominees listed in this Joint Proxy Statement to serve on the Boards of Directors until the 2026 Annual Meetings of Shareholders.
Our Boards are:			Each Board’s Recommendation:

• Led by an Independent Chair. • Qualified: Top skills include safety, utility operations, wildfire prevention, financial analysis, cybersecurity, and renewable energy. • Committed to serving the long-term interests of shareholders.			FOR each nominee Nominee biographies are on page 16, and demographic and skills information on page 25.


Proposal 2: Advisory Vote to Approve Executive Compensation (Say on Pay)
Approve an advisory vote on the compensation of PG&E’s named executive officers.
PG&E’s executive compensation plans:			Each Board’s Recommendation:

• Pay for performance • Align with shareholders • Provide market competitive pay • Comply with legal requirements			FOR the advisory approval PG&E’s compensation plans are described in detail on page 48.


Proposal 3: Appointment of the Independent Auditor
Ratify the appointment of Deloitte and Touche LLP (D&T) as PG&E’s independent registered public accounting firm for the year ending December 31, 2025.
Deloitte and Touche LLP			Each Board’s Recommendation:

• D&T is an internationally recognized firm, with deep knowledge of our industry, and specific understanding of the California regulatory structure. • The team within D&T rotates periodically to provide a fresh look at our controls. • The Audit Committees oversee the selection of D&T after a careful review.			FOR ratifying the appointment of Deloitte and Touche LLP Additional information on D&T can be found on page 100.


Proposal 4: Approval of the PG&E Corporation 2025 Employee Stock Purchase Plan
Approve the PG&E Corporation 2025 Employee Stock Purchase Plan Effective January 1, 2026
Employee Stock Purchase Plan			PG&E Corporation Board Recommendation

• Provides the opportunity to employees of the Corporation and the Utility to become Corporation shareholders by purchasing shares of PG&E Corporation’s common stock using payroll deductions over quarterly periods. • Aligns with shareholders. • Facilitates hiring and retention of employees of the Corporation and the Utility.			FOR approval of the PG&E Corporation 2025 Employee Stock Purchase Plan Additional information on the Employee Stock Purchase Plan can be found on page 104.


Belonging Pillars
			PG&E has a workforce that reflects the hometowns we serve.
			PG&E removes barriers to level the playing field for all coworkers.
			All coworkers and their ideas matter at PG&E.
			Coworkers are known, valued, respected, supported, and connected.


Elements of Joy
I feel known working at PG&E.			I am proud to work for PG&E.
I feel loved working at PG&E.			I enjoy working for PG&E.


Our workforce reflects the hometowns we serve			Our coworkers represent five generations, most of whom are Millennials, Gen X, and Boomers1



(1) Generational data refers to “Millennials” for individuals born between 1981-1996, “Gen X” between 1965-1980, and “Boomers” between 1946-1964.



			We create opportunity with PG&E PowerPathway™, an innovative workforce development program designed to help prepare a talent pool of local qualified candidates for high demand careers in the utility and energy industry by providing 4-12 weeks of classroom and hands-on training. In 2024, PowerPathway held six signature programs resulting in 121 graduates being prepared to enter careers in traffic control, vegetation management and other trade-based opportunities. More than 1,300 Californians have completed the program since inception in 2008.


70,000 Square Miles Service area			16 Million Customers served


			Our Progress
			As the state’s largest energy provider, we embrace our foundational role in transitioning California to a decarbonized and more climate-resilient economy. Today, one in every six solar rooftops in the country is in PG&E’s service area, and about one in eight electric vehicles in the nation plugs into PG&E’s grid. We are also partnering with a broad spectrum of stakeholders to create a pathway to a more equitable and affordable energy future.



									COMMUNITY SUPPORT We support our hometowns through charitable giving programs and coworker donations and matching gift donations. Our coworkers also volunteered more than 43,000+ hours in their communities while supporting 286 PG&E-sponsored volunteer events throughout our service territory.
The PG&E Corporation Foundation

More than $7.8 million in total contributions from PG&E coworkers, retirees, and matching gifts from The PG&E Corporation Foundation to over 4,800 non-profit organizations and schools.
PG&E and Foundation

$36.3 million in charitable giving from PG&E and The PG&E Corporation Foundation to non-profit organizations and schools.


			Wildfire safety
			PG&E has taken a stand that catastrophic wildfires shall stop. In 2024, we met or exceeded all 47 of our Wildfire Mitigation Plan (WMP) commitments as we continued to focus on improvements in system hardening, vegetation management, system inspections and monitoring, and modeling capabilities.1



(1) We met four commitments with external factors, which represent reasonable circumstances that may impact execution such as landholder refusals and environmental delays.



(1) Based on an evaluation of the effectiveness of EPSS under conditions of elevated likelihood of destructive fire outcomes (R3 Fire Potential Index rating). (2) The HFRA informs the geographic scope of PSPS events by identifying areas in PG&E service territory where existing or future overhead electrical infrastructure could be the source of an ignition that, during a hazardous offshore wind event, results in a catastrophic fire. HFTD Tier 2 consists of areas on the CPUC’s Fire-Threat Map where there is an elevated risk for destructive utility-associated wildfires. HFTD Tier 3 consists of areas where there is an extreme risk for destructive utility-associated wildfires.


			Climate resilience
			The impacts of climate change on our infrastructure are already a reality. Peak electric loads are expected to increase with rising temperatures due to direct impacts of ambient temperatures on equipment and direct impacts on electricity demand driven by rising air conditioning installation and usage. Climate change will continue to intensify the potential for wildfires throughout California. Additionally, our assets on the coast and in or near watersheds face potential increased exposures to coastal, riverine, and precipitation-related flooding because of climate-driven changes in precipitation and sea-level rise. In 2024, we completed our first system-wide Climate Adaptation Vulnerability Assessment which identifies potential climate change vulnerabilities of our assets and operations to projected future environmental conditions. The assessment supports PG&E in prioritizing adaptive actions needed to build a climate-resilient energy system Community needs and preferences, especially for our most socially vulnerable customers, were identified in the assessment and will be considered as we make decisions about how to adapt the energy system to climate change.


			Financial performance
			PG&E’s physical layers of protection—including wildfire mitigation programs (e.g., system hardening and undergrounding), EPSS, PSPS, and situational awareness—are combining to make our system safer and more resilient in the face of evolving climate challenges. Additionally, management is focused squarely on earning the trust of our customers and owners by delivering customer bill affordability alongside consistent superior financial performance. PG&E’s plan is designed to sustain the high levels of capital investment required to deliver the service our hometowns deserve, and key elements of our strategy include sustainable operating cost savings, improved balance sheet health and pursuit of efficient financing opportunities.


Board Recommendation		What are you voting on? PG&E Corporation and the Utility each asks its respective shareholders to approve the 2025 director nominations. PG&E Corporation and Utility directors are elected to hold office until the 2026 Joint Annual Meeting, or until their successors are elected and qualified, except in the case of death, resignation or removal of a director. If any of the nominees is unable at the time of the Joint Annual Meeting to accept nomination or serve as a director, the proxy holders named on the PG&E Corporation or Utility Proxy Card (as applicable) will vote for substitute nominees at their discretion.
	Vote “FOR” Each Nominee


Independence		Representation


Board nominees at Corporation are independent under NYSE definitions	Board nominees at Utility are independent under NYSE definitions	Board nominees at Corporation are either women or racially and ethnically diverse	Board nominees at Utility are either women or racially and ethnically diverse


Committee Name	Company	Scope of Responsibility/Topics Discussed
Executive	PG&E Corporation and Utility	Exercises powers and performs duties of the applicable Board, subject to limits imposed by state law.
Audit(1)	PG&E Corporation and Utility	Oversees and monitors:
		•	Integrity of the company financial statements, and financial and accounting practices
		•	Internal control over financial reporting, and external and internal auditing programs
		•	Selection and oversight of the companies’ Independent Auditor
		•	The compliance and ethics program, including but not limited to, evaluating the effectiveness of such program
		•	Compliance with legal and regulatory requirements, in concert with other Board committees
		•	Related person transactions
		•	Guidelines and policies for risk management, and the allocation of specific risks to committees for oversight
People and Compensation	PG&E Corporation	Oversees matters relating to compensation and benefits, including:
		•	Compensation for non-employee directors
		•	Development, selection, and compensation of policy-making officers
		•	Annual approval of the corporate goals and objectives of the PG&E Corporation CEO and the Utility CEO (or if that position is not filled, the PEOs)
		•	Management evaluation and officer succession planning
		•	Employment, compensation, and benefits policies and practices
		•	Human capital management
Finance and Innovation(2)	PG&E Corporation	Oversees matters relating to financial and investment planning, policies, and risks, including:
		•	Financial and investment plans and strategies, including a multi-year financial outlook
		•	Dividend policy
		•	Proposed capital projects and divestitures
		•	Financing plans
		•	Strategic investments in technology, clean energy, and technology infrastructure
		•	Strategic plans and initiatives for potential investments in businesses, joint ventures, mergers, acquisitions, and other business combinations involving the companies
Sustainability and Governance	PG&E Corporation	Oversees matters relating to selection of directors, corporate governance, and Environmental, Social and Governance (ESG) issues, including:
		•	Recommendation of Board candidates, including a review of skills and characteristics required of Board members
		•	Selection of the chairs and membership of Board committees
		•	Corporate governance matters, including the companies’ governance principles and practices, and the review of shareholder proposals
		•	Evaluation of the Boards’ performance and effectiveness
		•	Climate change and climate resilience planning


	Boards	Audit(1)	People & Compensation	Finance & Innovation	Sustainability & Governance	Safety & Nuclear Oversight(1)
Number of Meetings in 2024	7	9	6	5	4	7


(1)			Meetings of the Corporation and Utility committees are concurrent, and numbers reflect attendance for both committees.


Board and Committee Risk Oversight Responsibilities
Boards: Oversee risks associated with major investments and strategic initiatives and cyber-security						People and Compensation: Oversees potential risks arising from the companies’ compensation policies and practices
Audit: Oversees enterprise risk program, and guidelines and policies that govern the processes by which major risks are assessed and managed. Allocates oversight of specific key risks to committees.						Safety and Nuclear Oversight: Oversees risks arising from operations, including wildfire, employee and public safety, electric, gas and generation operations, other risks associated with facilities, emergency response, and cybersecurity
Finance and Innovation: Oversees risks associated with financial markets and liquidity						Sustainability and Governance: Oversees risks associated with climate change



The Boards	•	Oversee ESG risks and opportunities, including the direction of the companies’ opportunities in decarbonization, electric vehicles, greening the gas supply, and helping California define and implement green energy policy
	•	Review corporate goals related to safety, reliability, people management, and sustainability commitments
	•	Engage with ERGs to support the companies’ inclusion and belonging initiatives
Safety and Nuclear Oversight	•	Oversee the risks associated with the impact of climate change on operations, assets and facilities, and planned mitigations
	•	Oversee the companies’ programs related to public, employee and contractor safety, and operational excellence, including training
Sustainability and Governance	•	Considers the balance of experience and skills when identifying Board nominees
	•	Oversees corporate sustainability issues, such as environmental compliance and leadership, climate change resilience, and community investments
	•	Includes an annual review of PG&E’s sustainability practices and performance
People and Compensation	•	Approves incentive compensation structures, which reinforce sustainability commitments
	•	Oversees human capital management, including workforce planning and management succession
Finance and Innovation	•	Approves capital budgets and investments in zero-carbon technologies and grid modernization


Annual Review			At the first meeting of each year, each company’s Audit Committee reviews, approves, and/or ratifies related person transactions (other than the types of transactions that are excluded from disclosure under Item 404(a)) with values exceeding $10,000 in which either company participates and in which any “Related Person” has a material direct or indirect interest. For these purposes, “Related Person” includes (1) any director, nominee for director, or executive officer, (2) holders of greater than 5 percent of that company’s voting securities, and (3) those parties’ immediate family members.



Periodic Review			After the annual review and approval of related person transactions, if either company wishes to enter into a new related person transaction, then that transaction must be either pre-approved or ratified by the applicable Audit Committee. If a transaction is not ratified in accordance with the Policy, management will make all reasonable efforts to cancel or annul that transaction.
			Where it is not practical or desirable to wait until the next Audit Committee meeting to obtain approval or ratification, the Chair of the applicable Audit Committee may elect to approve a particular related person transaction. If the Chair of the applicable Audit Committee has an interest in the proposed related person transaction, then that transaction may be reviewed and approved by another independent and disinterested member of the applicable Audit Committee. In either case, the individual approving the transaction must report such approval to the full Audit Committee at the next regularly scheduled meeting.

When reviewing any related person transaction, the Audit Committees consider whether the transaction is on terms comparable to those that could be obtained in arm’s-length dealings with an unrelated third party, and whether the transaction is inconsistent with the best interests of the companies and their shareholders. The Policy also requires that each Audit Committee disclose to the respective Board any material related person transactions. Since January 1, 2024, all related person transactions have been approved or ratified by the applicable Audit Committee in accordance with this Policy.


Annual Retainer(1)	Per Quarter	Annual
Non-Employee Directors	$30,000	$120,000
Corporation Chair of the Board	$20,000 additional	$80,000 additional
Utility Chair of the Board	$5,000 additional	$20,000 additional
Committee Chair Additional Retainers
Audit Committees	$7,500	$30,000
People and Compensation Committee	$5,000	$20,000
Safety and Nuclear Oversight Committees	$5,000	$20,000
Finance and Innovation Committee	$5,000	$20,000
Sustainability and Governance Committee	$5,000	$20,000


(1)			No additional retainer, equity award, or per-meeting fee will be paid by the Utility for any quarter during which the director is paid a retainer, equity award, or per-meeting fee from the Corporation for the same role.


Name	Fees Earned Or Paid in Cash ($)(1)	Stock Awards ($)(2)	Option Awards ($)(3)	All Other Compensation ($)	Total ($)
Rajat Bahri	120,000	179,992	0	0	299,992
Cheryl F. Campbell	160,000	179,992	0	0	339,992
Edward G. Cannizzaro	120,000	179,992	0	0	299,992
Kerry W. Cooper	133,261	179,992	0	0	313,253
Jessica L. Denecour	140,000	179,992	0	0	319,992
Mark E. Ferguson III	140,000	179,992	0	0	319,992
Robert C. Flexon (4)	166,848	279,986	0	0	446,834
W. Craig Fugate	120,000	179,992	0	0	299,992
Arno L. Harris	120,000	179,992	0	0	299,992
Carlos M. Hernandez	120,000	179,992	0	0	299,992
Michael R. Niggli	120,000	179,992	0	0	299,992
William L. Smith	140,000	179,992	0	0	319,992
Benjamin F. Wilson	150,000	179,992	0	0	329,992


Name	Beneficial Stock Ownership(1)(2)	Percent of Class(3)	Common Stock Equivalents(4)	Total
Rajat Bahri(5)	51,831	*	0	51,831
Cheryl F. Campbell(5)	54,165	*	0	54,165
Edward G. Cannizzaro(5)	10,877	*	0	10,877
Kerry W. Cooper(5)	39,439	*	9,266	48,705
Leo P. Denault(5)	6,300	*	0	6,300
Jessica L. Denecour(5)	50,102	*	0	50,102
Mark E. Ferguson III(5)	48,683	*	0	48,683
W. Craig Fugate(5)	48,661	*	0	48,661
Arno L. Harris(5)	63,525	*	0	63,525
Carlos M. Hernandez(5)	25,594	*	0	25,594
John O. Larsen(5)	0	*	0	0
Michael R. Niggli(5)	49,167	*	0	49,167
Patricia K. Poppe(5)(6)	1,895,210	*	0	1,895,210
Sumeet Singh(5)(6)	185,103	*	0	185,103
William L. Smith(5)	222,072	*	0	222,072
Benjamin F. Wilson(5)	11,532	*	37,256	48,788
Kaled H. Awada(6)	17,862	*	0	17,862
Carolyn J. Burke(6)	32,487	*	0	32,487
Jason M. Glickman(6)	116,169	*	0	116,169
Marlene M. Santos(6)	204,917	*	0	204,917
John R. Simon(6)	445,690	*	0	445,690
Stephanie N. Williams(6)	14,940	*	0	14,940
Ajay Waghray	156,526	*	0	156,526
All PG&E Corporation directors, director nominees, and current executive officers as a group (23 persons)	3,839,400	*	46,521	3,885,921
All Utility directors, director nominees, and current executive officers as a group (21 persons)	3,272,675	*	46,521	3,319,196


Class of Stock(1)	Name and Address of Beneficial Owner	Amount and Nature of Beneficial Ownership		Percent of Class
Pacific Gas and Electric Company stock(2)	PG&E Corporation(3) 300 Lakeside Drive Oakland, CA 94612	264,374,809		96.2%
PG&E Corporation common stock	The Vanguard Group Inc. 100 Vanguard Blvd., Malvern, PA 19355	248,207,725	(4)	11.3%
PG&E Corporation common stock	FMR LLC 245 Summer Street, Boston, MA 02210	190,204,571	(5)	8.7%
PG&E Corporation common stock	BlackRock, Inc. 50 Hudson Street, New York, NY 10001	167,140,614	(6)	7.6%
PG&E Corporation common stock	JPMorgan Chase & Co. 383 Madison Avenue New York, NY 10179	121,788,400	(7)	5.6%
PG&E Corporation common stock	Massachusetts Financial Services Company 111 Huntington Avenue, Boston, MA 02199	118,822,231	(8)	5.4%
PG&E Corporation common stock	State Street Corporation 1 Congress Street, Suite 1 Boston, MA 02113-2016	111,205,230	(9)	5.1%
Pacific Gas and Electric Company first preferred stock	Stonehill Capital Management LLC, et al. 320 Park Avenue, 26th Floor, New York, New York, 10022	921,694	(10)	8.9%


Board Recommendation		What are you voting on? PG&E Corporation and the Utility each asks its respective shareholders to approve, on an advisory basis, the compensation paid for 2024 to the companies’ executive officers named in the Summary Compensation Table of this Joint Proxy Statement, as disclosed pursuant to Item 402 of Regulation S-K, including the Compensation Discussion and Analysis, the compensation tables, and the accompanying narrative discussion.
	Vote “FOR”


This CD&A provides our shareholders and other stakeholders with information about PG&E Corporation’s and the Utility's performance, compensation framework, compensation decisions, and associated governance for our NEOs in 2024. PG&E Corporation is a holding company whose primary operating subsidiary is the Utility, a public utility operating in northern and central California. The Utility generates revenues mainly through making investments in operating assets and earning an authorized rate of return on those assets through regulated rates for the sale and delivery of electricity and natural gas to customers. The compensation program described in this CD&A applies to PG&E Corporation and the Utility, with the same philosophy, structure, metrics, and goals applying to both companies. As of December 31, 2024, the companies had approximately 28,400 regular coworkers, ten of whom were employees of PG&E Corporation. The following table summarizes our 2024 NEOs who were Executive Officers as of December 31, 2024. As of December 31, 2024, three individuals concurrently served as principal executive officers (PEOs) of the Utility: Mr. Glickman, Ms. Santos, and Mr. Singh.
	1. Executive Summary	45
	2. Compensation Design	48
	3. Compensation Governance	52
	4. 2024 Compensation Decision and Outcomes	59
	5. 2025 Compensation Structure	68
	6. Additional Information	69


(1)			Also served as NEOs of PG&E Corporation during 2024.
(2)			Mr. Awada was elected Executive Vice President, Chief People Officer of PG&E Corporation and Pacific Gas and Electric Company, effective January 16, 2024.
(3)			Mr. Waghray was elected Executive Vice President and Chief Information of Pacific Gas and Electric Company, effective January 1, 2024. He has served as Executive Vice President and Chief Information Officer of PG&E Corporation since July 1, 2023.
(4)			As of December 31, 2024, also held these positions at PG&E Corporation, although do not have NEO status at PG&E Corporation.
(5)			Also served as Vice President and Controller of PG&E Corporation during 2024.