logo
Plus   Neg
Share
Email

PG&E Appoints Patricia Poppe As New CEO - Quick Facts

PG&E Corp. (PCG), which emerged from Chapter 11 Bankruptcy in July, announced Wednesday the appointment of Patricia Poppe as Chief Executive Officer and member of its Board of Directors as well as of the Board of Directors of Pacific Gas and Electric Company. Poppe will take over from Interim PG&E CEO William Smith on January 4, 2021.

Smith will remain on the PG&E and Pacific Gas and Electric Company Boards of Directors following Poppe's appointment.

Poppe currently serves as President and Chief Executive Officer of CMS Energy Corp. (CMS) and its principal subsidiary, Consumers Energy Company, an investor-owned utility.

She was appointed President and CEO of CMS Energy and Consumers Energy in 2016 and has resigned with an effective date of December 1, 2020. She was ranked by Institutional Investor magazine as second of 44 utility CEOs and third of 47 utility CEOs for 2020 and 2021, respectively.

During her tenure at CMS Energy and Consumers Energy, Poppe continuously prioritized safety, with safety incidents decreasing by 70% since 2008.

Prior to her role as President and CEO of CMS Energy, Poppe held other leadership positions in the utility. Her earlier roles at the utility focused on operations and customer experience.

Before joining CMS Energy, Poppe worked for DTE Energy for five years and General Motors for 15 years in various roles.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The U.S. Food and Drug Administration said that it will rapidly work toward finalization and issuance of an emergency use authorization of Johnson & Johnson's (JNJ) single-shot COVID-19 vaccine candidate. Billionaire Warren Buffett's Berkshire Hathaway Inc. (BRK.A, BRK.B) reported that its fourth-quarter net earnings attributable to shareholders rose 23 percent to $35.84 billion from last year's $29.16 billion, with earnings per share improving to $23,015 per Class A share from $17,909 per Class A share in the prior year. Walmart Inc. has launched a nationwide drive to boost COVID-19 vaccination rates by reaching out to more residents in vulnerable communities. The retail giant will organize a series of community events at 43 locations in 18 states to administer the COVID-19 vaccine. Walmart said it plans to continue these new events over the next several weeks as vaccine allocations allow.
RELATED NEWS
Follow RTT