PG&E Corp (NYSE: PCG) appoints new utility CEO and adds president role
Rhea-AI Filing Summary
On December 11, 2025, the boards of PG&E Corporation and its utility subsidiary approved leadership changes effective January 1, 2026. Mr. Singh was selected as Chief Executive Officer of Pacific Gas and Electric Company and Executive Vice President, Energy Delivery. The companies state that he has no special arrangements connected to his selection, no family relationships with current directors or executive officers, and no related-party transactions requiring disclosure under Regulation S-K Item 404(a).
The Utility’s board also adopted amended and restated bylaws effective December 11, 2025, clarifying that it may have a President or Chief Executive Officer and removing references to allocating chief executive authority among certain Executive Vice Presidents, along with other ministerial, non-substantive updates. In addition, the PG&E Corporation board elected Carla Peterman as President of PG&E Corporation and Executive Vice President, Customer and Corporate Affairs, effective January 1, 2026; she currently serves as Executive Vice President, Corporate Affairs and Chief Sustainability Officer.
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Insights
PG&E realigns top roles and updates utility bylaws without changing its financial profile.
The boards of PG&E Corporation and Pacific Gas and Electric Company approved a leadership reshuffle effective January 1, 2026, naming Mr. Singh as Chief Executive Officer of the utility and Executive Vice President, Energy Delivery. Disclosures emphasize there are no special selection arrangements, family relationships, or related-party transactions for Mr. Singh under Regulation S-K Items 401 and 404, which supports a standard governance process.
The utility adopted amended and restated bylaws on December 11, 2025 that clarify it may have either a President or a Chief Executive Officer and remove language about allocating chief executive authority among certain Executive Vice Presidents. The company characterizes remaining changes as ministerial and non-substantive. Separately, Carla Peterman is elevated to President of PG&E Corporation and Executive Vice President, Customer and Corporate Affairs, expanding her responsibilities beyond her current corporate affairs and chief sustainability position.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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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):
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Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) |
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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 | PG&E Corporation | |
| 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.
| PG&E Corporation | ☐ |
| 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 December 11, 2025, the Boards of Directors of PG&E Corporation and Pacific Gas and Electric Company (the “Utility”) approved leadership changes intended to better serve customers and support coworkers. The following changes will occur, effective January 1, 2026.
| · | Sumeet Singh, 47, Executive Vice President, Operations and Chief Operating Officer of the Utility, will become Chief Executive Officer, Pacific Gas and Electric Company, and Executive Vice President, Energy Delivery of the Utility. Mr. Singh has served in his current role since March 1, 2023. |
| · | Marlene Santos, Executive Vice President and Chief Customer and Enterprise Solutions Officer of the Utility, will become Executive Vice President, Enterprise Transformation Office of PG&E Corporation and the Utility. |
| · | Jason Glickman, Executive Vice President, Engineering, Planning, and Strategy of the Utility, will become Executive Vice President, Strategy and Growth of PG&E Corporation and the Utility. |
The description of Mr. Singh’s business experience as required by Item 401(e) of the Securities and Exchange Commission’s Regulation S-K is incorporated by reference from PG&E Corporation’s and the Utility’s Annual Report on Form 10-K for the year ended December 31, 2024. There are no arrangements or understandings between Mr. Singh and any other persons pursuant to which he was selected as Chief Executive Officer, Pacific Gas and Electric Company, and Executive Vice President, Energy Delivery of the Utility. Further, there are no family relationships between Mr. Singh and any director or executive officer of PG&E Corporation or the Utility. Mr. Singh has not been party to any reportable transactions with PG&E Corporation or the Utility pursuant to Item 404(a) of Regulation S-K.
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
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.
The Amended and Restated Bylaws also incorporate ministerial, clarifying, and conforming changes that are non-substantive in nature. The foregoing description of the amendments effected by the Amended and Restated Bylaws is a summary and is qualified in its entirety by reference to the full text of the Amended and Restated Bylaws, a copy of which is attached as Exhibit 3.1 hereto and is incorporated by reference herein.
Item 8.01 Other Events.
In addition to the leadership changes described above, on December 11, 2025, the Board of Directors of PG&E Corporation also elected Carla Peterman to the role of President, PG&E Corporation, and Executive Vice President, Customer and Corporate Affairs of PG&E Corporation, effective January 1, 2026. Ms. Peterman currently serves as Executive Vice President, Corporate Affairs and Chief Sustainability Officer of PG&E Corporation.
Item 9.01 Financial Statements and Exhibits.
| Exhibit Number | Description | |
| 3.1 | Bylaws of Pacific Gas and Electric Company, Amended and Restated as of December 11, 2025 | |
| 104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document |
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.
| PG&E CORPORATION | |||
| Date: December 17, 2025 | By: | /s/ JOHN R. SIMON | |
| Name: John R. Simon | |||
| Title: Executive Vice President, General Counsel and Chief Ethics & Compliance Officer | |||
| PACIFIC GAS AND ELECTRIC COMPANY | |||
| Date: December 17, 2025 | By: | /s/ BRIAN M. WONG | |
| Name: Brian M. Wong | |||
| Title: Vice President, General Counsel and Corporate Secretary | |||
FAQ
What leadership changes did PG&E Corporation (PCG) announce effective January 1, 2026?
Effective January 1, 2026, the boards approved leadership changes including the selection of Mr. Singh as Chief Executive Officer of Pacific Gas and Electric Company and Executive Vice President, Energy Delivery, and the election of Carla Peterman as President of PG&E Corporation and Executive Vice President, Customer and Corporate Affairs.
What new role will Mr. Singh hold at Pacific Gas and Electric Company?
Mr. Singh was selected to serve as Chief Executive Officer, Pacific Gas and Electric Company, and Executive Vice President, Energy Delivery of the utility, with his appointment effective January 1, 2026.
What position was Carla Peterman given in this PG&E (PCG) update?
The Board of PG&E Corporation elected Carla Peterman to the role of President, PG&E Corporation, and Executive Vice President, Customer and Corporate Affairs, effective January 1, 2026. She currently serves as Executive Vice President, Corporate Affairs and Chief Sustainability Officer.
How did Pacific Gas and Electric Company amend its bylaws in December 2025?
On December 11, 2025, the Utility’s board adopted Amended and Restated Bylaws that clarify it may have a President or Chief Executive Officer and remove references to how chief executive authority may be allocated among certain Executive Vice Presidents, along with other ministerial, clarifying, and conforming, non-substantive changes.
Did PG&E disclose any related-party transactions involving Mr. Singh?
No. The company states that Mr. Singh has not been party to any reportable transactions with PG&E Corporation or the Utility pursuant to Regulation S-K Item 404(a), and that there are no family relationships with any director or executive officer.
When did the boards of PG&E Corporation and the Utility approve these changes?
The boards of PG&E Corporation and Pacific Gas and Electric Company approved the leadership changes and the Utility’s amended and restated bylaws on December 11, 2025.
