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PG&E utility names Margaret K. Becker CFO for 2027

The same effective date moves Kristin Manz into treasury and insurance and Stephanie N. Williams into chief accounting and controller roles at both entities.

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Form Type
8-K

Rhea-AI Filing Summary

Pacific Gas and Electric Company (PCG) appointed Margaret K. Becker as Vice President, Operations Finance and Chief Financial Officer of the Utility, effective January 1, 2027. Becker has served as treasurer of PG&E Corporation, the Utility’s parent, and the Utility since April 2020, including as Vice President, Treasurer since May 2021.

Also effective January 1, 2027, Kristin Manz will serve as Vice President, Treasurer and Insurance of PG&E Corporation and the Utility. Stephanie N. Williams will serve as Vice President, Chief Accounting Officer and Controller of both entities.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
treasury operations financial
"responsible for ... treasury operations"
Treasury operations involve managing a company's cash flow, investments, and financial risks to ensure it has enough funds to meet its needs while optimizing the use of its financial resources. Think of it as the company's financial engine room, making sure money is available when needed and working effectively. This function is important to investors because it helps maintain the company’s financial stability and supports long-term growth.
accounts payable financial
"treasury operations, accounts payable"
Accounts payable are the short-term bills a company owes to suppliers or service providers for goods and services it has already received but not yet paid for — like a stack of IOUs from the business to its vendors. Investors watch accounts payable because rising or falling balances affect a company’s cash on hand and short-term financial health, signaling how well it can cover obligations, manage cash flow, and fund operations without borrowing.
investment management functions financial
"investment management functions"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who will be PCG’s chief financial officer beginning January 1, 2027?

Margaret K. Becker will become Vice President, Operations Finance and Chief Financial Officer of Pacific Gas and Electric Company effective January 1, 2027. She has served as treasurer of the Utility and its parent, PG&E Corporation, since April 2020, including as Vice President, Treasurer since May 2021.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

  

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

 

Date of Report: October 29, 2026

(Date of earliest event reported)

 

 

Commission File Number  

Exact Name of Registrant

as specified in its charter

  State or Other Jurisdiction of Incorporation or Organization   IRS Employer Identification Number
001-02348    Pacific Gas and Electric Company    California    94-0742640 

 

 
graphic
300 Lakeside Drive 
Oakland, California 94612
(Address of principal executive offices) (Zip Code)
 
(415) 973-7000
(Registrant’s telephone number, including area code)
   

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)
☐  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s)

Name of each exchange

on which registered

First preferred stock, cumulative, par value $25 per share, 6% nonredeemable PCG-PA NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 5.50% nonredeemable PCG-PB NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 5% nonredeemable PCG-PC NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 5% redeemable PCG-PD NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 5% series A redeemable PCG-PE NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 4.80% redeemable PCG-PG NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 4.50% redeemable PCG-PH NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 4.36% redeemable PCG-PI NYSE American LLC

  

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company Pacific Gas and Electric Company ☐ 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

Pacific Gas and Electric Company ☐

 

 

  

 

 

 Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On October 29, 2026, the Board of Directors of Pacific Gas and Electric Company (the “Utility”) appointed Margaret K. Becker, 44, as Vice President, Operations Finance and Chief Financial Officer of the Utility, effective January 1, 2027.

 

From April 2020 to the present, Ms. Becker has served as treasurer of PG&E Corporation, which is the parent of the Utility, and the Utility, including serving as Vice President, Treasurer since May 2021. In this role, Ms. Becker has been responsible for PG&E Corporation’s and the Utility’s financing activities, treasury operations, accounts payable, and investment management functions.

 

There are no arrangements or understandings between Ms. Becker and any other person pursuant to which she was selected as Vice President, Operations Finance and Chief Financial Officer of the Utility. Further, there are no family relationships between Ms. Becker and any director or executive officer of the Utility. In addition, Ms. Becker has not been party to any reportable transactions with the Utility pursuant to Item 404(a) of Securities and Exchange Commission Regulation S-K.

 

Kristin Manz, currently Vice President, Operations Finance of the Utility, will serve as Vice President, Treasurer and Insurance of PG&E Corporation and the Utility. Stephanie N. Williams, currently Vice President and Controller of PG&E Corporation and Vice President, Chief Financial Officer, and Controller of the Utility, will serve as Vice President, Chief Accounting Officer and Controller of PG&E Corporation and the Utility. These changes will also become effective January 1, 2027.

 

  

 

 

SIGNATURES

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned thereunto duly authorized.

 

 

  PACIFIC GAS AND ELECTRIC COMPANY  
       
Date: November 2, 2026 By: /s/ JOHN R. SIMON  
    Name: John R. Simon  
    Title: Executive Vice President, General Counsel, Chief Ethics & Compliance Officer and Corporate Secretary  
       

 

  

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