PG&E announced a senior leadership reorganization that will take effect on January 1, 2026. The new structure adds four key roles—Sumeet Singh as CEO of Pacific Gas and Electric Company and EVP of Energy Delivery; Carla Peterman as President of PG&E Corporation and EVP of Customer & Corporate Affairs; Jason Glickman as EVP of Strategy and Growth; and Marlene Santos as Chief Transformation Officer—while keeping the overall number of officers unchanged.
The reorganization is part of PG&E’s broader strategy to improve customer service and operational efficiency by aligning leadership with local community needs in Northern and Central California. It supports the company’s $73 billion capital plan and its “simple affordable model,” which aims to keep customer bill growth at or below inflation while investing in grid reliability and wildfire mitigation.
CEO Patti Poppe, whose contract extends through January 4, 2031, said the new structure will enable PG&E to act as a true “hometown” utility, better responding to growing energy demand and the rapid expansion of data‑center power needs in the region.
The announcement follows PG&E’s Q3 2025 earnings, where earnings per share of $0.50 beat estimates by $0.07, largely due to disciplined cost management and operational leverage. Revenue of $6.25 billion missed estimates by $0.16 billion, reflecting modest demand softness. The company maintains a 9 % annual core EPS growth target through 2030 and a 9 % rate‑base growth target, both underpinned by the capital plan.
PG&E’s restructuring coincides with its ongoing wildfire‑mitigation progress—zero major wildfire incidents caused by its equipment in the past three years—and a focus on reducing methane emissions, reinforcing its commitment to safety and sustainability.
The new leadership structure will allow PG&E to concentrate on customer and corporate affairs, strategy and growth, energy delivery, and transformation, positioning the company to meet California’s evolving energy needs while maintaining affordability.
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