PG&E awards lower total pay to top execs; some capture stock windfalls

OAKLAND — Key PG&E executives, including the utility’s top boss, received reduced total pay during 2024 compared to the year before, even as the company said it’s making progress to combat wildfire disasters.

In 2024, PG&E awarded a reduced amount of total direct compensation to six top officials of either the PG&E Corp. holding company or the Pacific Gas and Electric Co. utility subsidiary, and higher total direct pay to one executive with the company, a new regulatory filing shows.