TURN Statement on Resignation of Peter Darbee from PG&E

TURN today said Peter Darbee’s resignation from PG&E was long overdue.

For Immediate Release From The Utility Reform Network

Under his leadership PG&E has made a series of dramatic and troubling mistakes, not just the lethal explosion in SB but also a botched SM program and the $46 M wasted on Prop 16.

"PG&E has a long way to go to restore public trust," said TURN executive director Mark Toney. "A change not only in leadership but also in direction is long overdue."

Toney said that Darbee’s lavish $35 million retirement package should be paid for by shareholders, not ratepayers. "Not one more dime of customers’ money should be spent on rewarding Darbee’s failures," Toney said. "PG&E not only needs to clean house, it needs to change priorities, and focus spending on safety, reliability and customer service, rather than executive perks and excesses."