Nick Stavropoulos (Photo: Business Wire)

As part of a leadership succession plan, the Board of Directors of PG&E Corporation today elected Geisha Williams, 55, as Chief Executive Officer and President of PG&E Corporation. Williams is currently President, Electric of Pacific Gas and Electric Company, PG&E Corporation's utility subsidiary.

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Geisha Williams (Photo: Business Wire)

Geisha Williams (Photo: Business Wire)

Tony Earley, Jr., 67, currently Chairman, CEO and President of PG&E Corporation, was elected to serve as Executive Chair of the PG&E Corporation Board of Directors. In addition, Nickolas ("Nick") Stavropoulos, 58, currently President, Gas of Pacific Gas and Electric Company, was elected to serve as President and Chief Operating Officer of Pacific Gas and Electric Company.

The new roles are effective March 1, 2017. The currently separate roles of president for the gas and electric businesses are being consolidated into the single utility president role that will be held by Stavropoulos.

"Tony Earley has been a strong hand at the helm over the past five years and his deep industry experience has been invaluable to us as he guided PG&E to the goal of becoming a top industry performer. Under his leadership, PG&E implemented an integrated, risk-based planning process that provided a road map for making PG&E a safer, stronger energy company through a robust capital investment program, widespread process improvements and by instilling a strong safety culture. Tony also invested in PG&E's human capital, attracting strong leaders to join and stay with PG&E and mentoring Geisha Williams and Nick Stavropoulos. Geisha and Nick are both exceptionally talented executives and we are pleased that they will carry on the work that Tony advanced so successfully," said Barry Lawson Williams, independent lead director of the PG&E Corporation Board.

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