PG&E to name TVA's Bill Johnson as CEO: Reuters, citing source
PG&E is expected to name Bill Johnson as chief executive of the bankrupt California energy company facing $30 billion in wildfire liabilities, as soon as Wednesday, a source familiar with the private negotiations said on Tuesday.
Before joining TVA, Johnson was the chairman, president and CEO of Progress Energy from 2007-2012 before it merged with North Carolina rival Duke Energy Corp.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
PG&E reportedly nears a deal to overhaul its executive board and replace the CEOThe embattled utility company is nearing a deal with hedge funds to overhaul its board and replace the CEO, Bloomberg reports.
Weiterlesen »
Johnson & Johnson to Air First TV Ad for Drug That Discloses Its PriceJohnson & Johnson plans to start airing the first U.S. television commercial for a prescription drug that discloses how much it costs, a nod toward rising political pressure over prices.
Weiterlesen »
Johnson & Johnson's baby shampoo samples fail Indian quality test; company rejects findingsJohnson & Johnson's baby shampoo samples failed quality tests conducted by ...
Weiterlesen »
Salzgitter CEO eyes Thyssenkrupp-Tata Steel JV remedies: CEOSalzgitter's chief executive will look at any assets that Thyssenkrupp and ...
Weiterlesen »
Pimco and other PG&E creditors reportedly pitch a $35-billion exit planSome of the biggest players in distressed debt are proposing a $35-billion plan that would allow California utility giant PG&E Corp. to emerge from bankruptcy within a year, according to sources familiar with the matter.
Weiterlesen »
Newsom criticizes PG&E's plan for a new board of directorsCalifornia Gov. Gavin Newsom says Pacific Gas & Electric Corp. plans to remake its board of directors with hedge fund financiers and people with little experience in utility operations and safety.
Weiterlesen »
California Governor Disapproves of Proposed PG&E BoardCalifornia Gov. Gavin Newsom strongly criticized what he described as plans by PG&E Corp. to stack its board of directors with hedge fund financiers interested in “prioritizing quick profits for Wall Street over public safety.”
Weiterlesen »
PG&E creditors propose $35 billion exit plan: BloombergSome creditors of PG&E Corp, including Elliott Management Corp and Pacific Inves...
Weiterlesen »