secwatch / observer

PG&E Corp — fact timeline

Source-grounded facts extracted from PG&E Corp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

PCG PG&E Corp JSON
Shareholder Votes

PG&E Corp shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for 2026 at the 2026-05-21 meeting.

“Ratification of the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for 2026 (included as Proposal 3 in the proxy statement): For: 1,799,578,512 Against: 133,964,864 Abstain: 12,446,594”
Shareholder Votes

PG&E Corp shareholders approved Non-binding advisory vote to approve the company's executive compensation at the 2026-05-21 meeting.

“Non-binding advisory vote to approve the company’s executive compensation (included as Proposal 2 in the proxy statement): For: 1,670,209,325 Against: 168,851,135 Abstain: 12,443,857 Broker Non-Vote (1) 94,215,653”
Shareholder Votes

PG&E Corp shareholders approved Election of directors of PG&E Corporation at the 2026-05-21 meeting.

“Election of the following individuals to serve as directors until the next annual meeting of shareholders or until their successors are elected and qualified (included as Proposal 1 in the proxy statement): For Against Abstain Broker Non-Vote (1) Rajat Bahri 1,833,250,034 6,042,619 12,211,664 94,215,653”
Earnings Releases

PG&E Corp reported financial results for the quarter ended March 31, 2026.

“On April 23, 2026, PG&E Corporation issued a press release reporting its financial results and the financial results of its subsidiary Pacific Gas and Electric Company (the “Utility”) for the quarter ended March 31, 2026.”
Governance Changes

PG&E Corp: Utility adopted amended and restated bylaws to clarify president/CEO roles and remove allocation of CEO authority among EVPs, plus non-substantive changes (effective 2025-12-11).

“On December 11, 2025, the Board of Directors of the Utility adopted amended and restated bylaws (the “Amended and Restated Bylaws”), which became effective the same day. The amendments effected by the Amended and Restated Bylaws clarify that the Utility may have a President or Chief Executive Officer and remove reference to how the chief executive officer authority may be allocated among certain Executive Vice Presidents of the Utility.”
Debt Financings

PG&E Corp incurred term loan of $500,000,000 with Wells Fargo Bank, National Association, as administrative agent at Term SOFR plus an applicable margin of 1.25%, or the alternative base rate plus maturing September 23, 2026.

“On September 24, 2025, Pacific Gas and Electric Company (the " Utility "), the several lenders and other financial institutions or entities party thereto from time to time and Wells Fargo Bank, National Association, as administrative agent (the " Administrative Agent "), entered into a $500,000,000 Term Loan Credit Agreement (the " Credit Agreement ").”
Debt Financings

PG&E Corp amended revolving credit of $5,400,000,000 with Citibank, N.A., as administrative agent at modified both the interest rate pricing grid and commitment fee pricing grid maturing June 21, 2030.

“other things, (i) extend the maturity date of such agreement to June 21, 2030, (ii) increase the aggregate commitments provided by the lenders thereunder from $4,400,000,000 to $5,400,000,000 and (iii) modify both the interest rate pricing grid and commitment fee pricing grid. The foregoing description of the Utility Amendment and the Utility Revolving Credit Agreement”
Governance Changes

PG&E Corp: Adopted amended and restated bylaws to remove classified board provisions, clarify director election terms, specify officer election/removal by the Board, and empower the Board to delegate sub-officer elections (effective 2024-12-12).

“On December 12, 2024, each of the Boards adopted amended and restated bylaws (the “Amended and Restated Bylaws”), which became effective the same day.”
Governance Changes

PG&E Corp: PG&E Corporation filed a Certificate of Determination to establish the preferences, limitations and relative rights of a new series of Preferred Stock, effective December 5, 2024 (effective 2024-12-05).

“On December 5, 2024, PG&E Corporation filed the Certificate of Determination with the Secretary of State of the State of California to establish the preferences, limitations and relative rights of the Preferred Stock. The Certificate of Determination became effective on December 5, 2024.”

Kerry W. Cooper was appointed as Chair at PG&E Corp.

“The Board of PG&E Corporation appointed Kerry W. Cooper to be Chair of the Board of PG&E Corporation, effective upon Mr. Flexon’s resignation.”

Robert C. Flexon resigned as Chair at PG&E Corp.

“On October 11, 2024, Robert C. Flexon, a member of the boards of directors (the “Boards”) of PG&E Corporation and Pacific Gas and Electric Company (the “Utility”) and Chair of the Board of PG&E Corporation, notified PG&E Corporation and the Utility of his decision to resign from the Boards, effective October 31, 2024.”
Earnings Releases

PG&E Corp reported financial results for the quarter ended March 31, 2024.

“On April 25, 2024, PG&E Corporation issued a press release reporting its financial results and the financial results of its subsidiary Pacific Gas and Electric Company (the “Utility”), for the quarter ended March 31, 2024.”
Earnings Releases

PG&E Corp reported financial results for the quarter and year ended December 31, 2023.

“On February 22, 2024, PG&E Corporation issued a press release reporting its financial results and the financial results of its subsidiary Pacific Gas and Electric Company (the “Utility”), for the quarter and year ended December 31, 2023.”
Debt Financings

PG&E Corp amended credit facility of the aggregate principal amount of term loans outstanding under the Term Loan Credit Agreement is $500,000,000 with JPMorgan Chase Bank, N.A., as administrative agent at reduce the applicable margin from 300 basis points to 250 basis points maturing extend the maturity date of the term loans outstanding thereunder to June 23, 2027.

“December 8, 2023, and after giving effect to the effectiveness of the Amendment, the aggregate principal amount of term loans outstanding under the Term Loan Credit Agreement is $500,000,000. The foregoing description of the Amendment and the Term Loan Credit Agreement is qualified in its entirety by reference to the full text of the Amendment and the Term Loan”
Material Agreements

PG&E Corp amended Amendment No. 3 to Term Loan Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent valued at $500,000,000 (effective 2023-12-08).

“PG&E Corporation (the “Company”), the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent (the “Administrative Agent”), entered into that certain Amendment No. 3 to Term Loan Credit Agreement”
Debt Financings

PG&E Corp incurred convertible notes of $2,150,000,000 aggregate principal amount with The Bank of New York Mellon Trust Company, N.A., as trustee; JPMorgan Chase Bank, N.A., as collateral agent at 4.25% per year maturing December 1, 2027.

“On December 4, 2023, PG&E Corporation (the “Company”) completed the sale of $2,150,000,000 aggregate principal amount of 4.25% Convertible Senior Secured Notes due 2027 (the “Convertible Notes"), which included an additional $250,000,00 aggregate principal amount of Convertible Notes purchased pursuant to the full exercise of the option granted to the Initial Purchasers”
Debt Financings

PG&E Corp incurred term loan of $2,100,000,000 with Barclays Bank PLC at Term SOFR plus 0.10% credit spread adjustment plus 1.25% or alternative base rat maturing August 15, 2024.

“On November 15, 2023, Pacific Gas and Electric Company (the “ Utility ”), Barclays Bank PLC and each of the lenders party thereto and Barclays Bank PLC, as administrative agent (the “ Administrative Agent ”), entered into a Bridge Term Loan Credit Agreement (the “ Bridge Term Loan Credit Agreement ”), pursuant to which the lenders agreed to make available to the Utility term loans in the aggregate principal amount equal to $2,100,000,000 (the “ Term Loans ”).”
Material Agreements

PG&E Corp entered into Bridge Term Loan Credit Agreement with Barclays Bank PLC valued at $2,100,000,000 (effective 2023-11-15).

“On November 15, 2023, Pacific Gas and Electric Company (the “ Utility ”), Barclays Bank PLC and each of the lenders party thereto and Barclays Bank PLC, as administrative agent (the “ Administrative Agent ”), entered into a Bridge Term Loan Credit Agreement (the “ Bridge Term Loan Credit Agreement ”), pursuant to which the lenders agreed to make available to the Utility term loans in the aggregate principal amount equal to $2,100,000,000 (the “ Term Loans ”).”
Earnings Releases

PG&E Corp reported financial results for the quarter ended September 30, 2023.

“On October 26, 2023, PG&E Corporation issued a press release reporting its financial results and the financial results of its subsidiary Pacific Gas and Electric Company (the "Utility"), for the quarter ended September 30, 2023.”

Julius Cox departed as Executive Vice President, People, Shared Services and Supply Chain at PG&E Corp.

“On August 10, 2023, Julius Cox, Executive Vice President, People, Shared Services and Supply Chain of PG&E Corporation and Pacific Gas and Electric Company (the “Utility”) informed PG&E Corporation and the Utility that he is resigning from his positions effective September 25, 2023 to pursue another opportunity.”
Earnings Releases

PG&E Corp reported financial results for the quarter ended June 30, 2023.

“On July 27, 2023, PG&E Corporation issued a press release reporting its financial results and the financial results of its subsidiary Pacific Gas and Electric Company (the “Utility”), for the quarter ended June 30, 2023.”
Material Agreements

PG&E Corp amended Amendment No. 3 to Credit Agreement with the several banks and other financial institutions or entities party thereto from time to time and Citibank, N.A., as administrative agent and designated agent (effective 2023-06-22).

“On June 22, 2023, Pacific Gas and Electric Company, the several banks and other financial institutions or entities party thereto from time to time and Citibank, N.A., as administrative agent and designated agent, entered into Amendment No. 3 to Credit Agreement (the “ Utility Amendment ”) that amended that certain Credit Agreement, dated as of July 1, 2020 (as previously amended and as amended by the Utility Amendment, the “ Utility Revolving Credit Agreement ”).”
Shareholder Votes

PG&E Corp shareholders approved Ratification of the appointment of Deloitte & Touche LLP as independent registered public accounting firm for 2023 at the 2023-05-18 meeting.

“Ratification of the appointment of Deloitte & Touche LLP as independent registered public accounting firm for 2023 (included as Proposal 4 in the proxy statement): For: 1,811,222,582 Against: 33,975,433 Abstain: 1,673,327 This proposal was approved.”
Shareholder Votes

PG&E Corp shareholders approved Non-binding advisory vote on the frequency of the advisory vote to approve the company's executive compensation at the 2023-05-18 meeting.

“3. Non-binding advisory vote on the frequency of the advisory vote to approve the company's executive compensation (included as Proposal 3 in the proxy statement): One year: 1,769,747,742 Two years: 470,277 Three years: 23,134,821 Abstain: 1,609,965 Broker Non-Vote (1) 51,908,537 (1) See footnote 1 above. Consistent with the results set forth above, shareholders approved, on a non-binding, advisory basis, a frequency of one year for the non-binding advisory vote on the compensation of PG&E Corporation's named executive officers.”
Shareholder Votes

PG&E Corp shareholders approved Non-binding advisory vote to approve the company's executive compensation at the 2023-05-18 meeting.

“2. Non-binding advisory vote to approve the company's executive compensation (included as Proposal 2 in the proxy statement): For: 1,490,224,395 Against: 302,957,390 Abstain: 1,781,020 Broker Non-Vote (1) 51,908,537 (1) See footnote 1 above. This proposal was approved.”
Shareholder Votes

PG&E Corp shareholders approved Election of directors at the 2023-05-18 meeting.

“1. Election of the following individuals to serve as directors until the next annual meeting of shareholders or until their successors are elected and qualified (included as Proposal 1 in the proxy statement): For Against Abstain Broker Non- Vote (1) Cheryl F. Campbell 1,699,129,513 94,186,832 1,646,460 51,908,537 Kerry W. Cooper 1,760,557,125 32,696,379 1,709,301 51,908,537 Arno L. Harris 1,755,272,412 37,920,312 1,770,081 51,908,537 Carlos M. Hernandez 1,768,710,780 24,529,890 1,722,135 51,908,537 Michael R. Niggli 1,701,373,193 91,847,152 1,742,460 51,908,537 Benjamin F. Wilson 1,755,292,664 38,009,367 1,660,774 51,908,537 (1) A broker non-vote occurs when shares held by a broker for a beneficial owner are not voted because (i) the broker did not receive voting instructions from the beneficial owner, and (ii) the broker lacked discretionary authority to vote the shares. Broker non-votes are counted when determining whether the necessary quorum of shareholders is present or represent”
Earnings Releases

PG&E Corp reported financial results for the quarter ended March 31, 2023.

“On May 4, 2023, PG&E Corporation issued a press release reporting its financial results and the financial results of its subsidiary Pacific Gas and Electric Company (the “Utility”), for the quarter ended March 31, 2023.”

Christopher A. Foster resigned as Executive Vice President and Chief Financial Officer at PG&E Corp.

“Christopher A. Foster, Executive Vice President and Chief Financial Officer of PG&E Corporation, informed PG&E Corporation that he is resigning from his positions effective May 4, 2023 to pursue another opportunity as Executive Vice President and Chief Financial Officer of CenterPoint Energy, Inc.”

Carolyn J. Burke was appointed as Executive Vice President and Chief Financial Officer at PG&E Corp.

“The Board also appointed Ms. Burke as Executive Vice President and Chief Financial Officer of PG&E Corporation, effective as of the departure of Christopher A. Foster, which is scheduled to occur on May 4, 2023.”

Edward G. Cannizzaro was elected as Director at PG&E Corp.

“On February 24, 2023, Edward G. Cannizzaro was elected to the boards of directors (the “Boards”) of PG&E Corporation and its subsidiary Pacific Gas and Electric Company (the “Utility”), effective immediately.”
Earnings Releases

PG&E Corp reported financial results for the quarter and year ended December 31, 2022.

“On February 23, 2023, PG&E Corporation issued a press release reporting its financial results and the financial results of its subsidiary Pacific Gas and Electric Company (the “Utility”), for the quarter and year ended December 31, 2022.”

Sumeet Singh was appointed as Executive Vice President, Operations and Chief Operating Officer at PG&E Corp.

“Sumeet Singh was appointed to serve as a member of the Board of Directors and Executive Vice President, Operations and Chief Operating Officer of the Utility, effective March 1, 2023.”

Sumeet Singh was appointed as Executive Vice President, Operations and Chief Operating Officer at PG&E Corp.

“On February 10, 2023, the Board of Directors of Pacific Gas and Electric Company (the “Utility”), a subsidiary of PG&E Corporation, appointed Sumeet Singh, 44, as a member of the Board of Directors and Executive Vice President, Operations and Chief Operating Officer of the Utility, effective March 1, 2023.”

Adam L. Wright resigned as Executive Vice President, Operations and Chief Operating Officer at PG&E Corp.

“On February 6, 2023, Adam L. Wright, a member of the Board of Directors and Executive Vice President, Operations and Chief Operating Officer of the Utility informed the Utility that he is resigning from his positions effective March 1, 2023 to pursue an opportunity as chief executive officer of another company.”

Cheryl F. Campbell was appointed as chair of the Board of the Utility at PG&E Corp.

“The Board of the Utility appointed Cheryl F. Campbell as chair of the Board of the Utility.”

Dean L. Seavers resigned as director at PG&E Corp.

“On December 13, 2022, Dean L. Seavers, a member of the boards of directors (the “Boards”) of PG&E Corporation and Pacific Gas and Electric Company (the “Utility”), notified PG&E Corporation and the Utility of his decision to resign from the Boards, effective December 15, 2022.”

Stephanie N. Williams was appointed as Vice President and Controller of PG&E Corporation and Vice President, Chief Financial Officer and Controller of Pacific Gas and Electric Company at PG&E Corp.

“On November 30, 2022, the Board of Directors of PG&E Corporation appointed Stephanie N. Williams, 40, as Vice President and Controller of PG&E Corporation and Vice President, Chief Financial Officer and Controller of the Utility, effective January 10, 2023.”

David S. Thomason departed as Vice President, Chief Financial Officer and Controller of Pacific Gas and Electric Company at PG&E Corp.

“he is resigning from his positions effective January 9, 2023 to pursue another opportunity.”
Earnings Releases

PG&E Corp reported financial results for the quarter ended September 30, 2022.

“On October 27, 2022, PG&E Corporation issued a press release reporting its financial results and the financial results of its subsidiary Pacific Gas and Electric Company (the “Utility”), for the quarter ended September 30, 2022.”

Carlos M. Hernandez was elected as Director at PG&E Corp.

“On March 11, 2022, Carlos M. Hernandez was elected to the boards of directors (the “Boards”) of PG&E Corporation and its subsidiary Pacific Gas and Electric Company (the “Utility”), effective immediately.”

James M. Welsch departed as Senior Vice President, Generation and Chief Nuclear Officer at PG&E Corp.

“On December 6, 2021, James M. Welsch, Senior Vice President, Generation and Chief Nuclear Officer of Pacific Gas and Electric Company (the "Utility"), a subsidiary of PG&E Corporation, notified PG&E Corporation and the Utility of his decision to retire effective January 3, 2022.”

Oluwadara J. Treseder resigned as Director at PG&E Corp.

“On October 9, 2021, Oluwadara J. Treseder, a member of the boards of directors (the “Boards”) of PG&E Corporation and Pacific Gas and Electric Company (the “Utility”), notified PG&E Corporation and the Utility of her decision to resign from the Boards, effective immediately.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.