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Proposed Legislation Targets Bonuses to Utility Executives

Should your electric bill include big bonuses for overpaid executives? As anti-SmartMeter protesters wailed outside PG&E’s annual shareholder meeting Monday in San Francisco, a Peninsula lawmaker announced legislation he hopes

TURN Statement on PG&E Shareholders Paying for Darbee’s Retirement

PG&E’s shareholders shouldering Darbee’s retirement For Immediate Release From The Utility Reform Network TURN, The Utility Reform Network, said that PG&E’s decision for shareholders, not customers, to cover the cost

PG&E CEO Peter Darbee To Step Down At Month’s End

PG&E to reward CEO’s failures with $35 million golden parachute. Under siege since last year’s deadly pipeline blast in San Bruno, PG&E Corp. CEO Peter Darbee announced Thursday that he

CEO Leaves Under A Cloud

TURN to protest ratepayer funding of PG&E CEO’s golden parachute. Seven months after the deadly San Bruno gas pipeline explosion, Pacific Gas and Electric Co. announced that Chairman and CEO

PG&E Exec. Resigns In Wake Of Calif Pipeline Blast

TURN demands that shareholders, not ratepayers, pay for failed PG&E CEO Peter Darbee’s golden parachute. SAN FRANCISCO Pacific Gas & Electric Corp.’s top executive is stepping down with a $35

Failed PG&E CEO To Leave

After a series of mistakes and disasters, does CEO Peter Darbee really have to be paid $35 million to leave PG&E? SAN FRANCISCO (KGO)—The man blamed for creating the corporate

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

Compensation of PG&E Execs Decline Following Lousy Year

Who got a raise? PG&E executives. Every time ratepayers pay their bill, they should remember what it’s going to: multimillion dollar pay packages and pensions for the same executives that

PG&E Still Sails Smooth, And That’s The Rub

For PG&E, 2010 was a horrendous year. What consequences have PG&E and its executives faced for these blunders? None. The stock is doing just fine. When it comes to accountability,

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