He attended Pennsylvania State University, where he played football as an offensive lineman, but did not earn a degree. The company may soon be facing even more costs as part of an ongoing crackdown on its business practices. He also obtained a J.D. The company earned $374 million during the first quarter, more than doubling its profit from the same time last year. He took the PG&E post in April 2019. [4], After graduating, he served as a law clerk on the U.S. Court of Appeals for the Fourth Circuit. [1], Bill Johnson was born on January 9, 1954. When Johnson departs this summer, he will be replaced by former AT&T executive Bill Smith, one of the three current board members staying on. |   Privacy Policy, Most of new COVID-19 emergency loans going to small businesses, JPMorgan says, Raleigh company uses its own wellness services to improve the health of its employees. degree from the University of North Carolina at Chapel Hill in 1982. [9] The Los Angeles Times estimated that Johnson received $44 million as severance pay.[10]. Gavin Newsom and the head of the California Public Utilities Commission, PG&E’s chief regulator. Neither Newsom nor the PUC immediately responded to requests for comment Friday. |   Site designed and managed by WRAL Digital Solutions. William Dean Johnson, detto Bill (Los Angeles, 30 marzo 1960 – Gresham, 21 gennaio 2016), è stato uno sciatore alpino statunitense, vincitore della medaglia d'oro nella discesa libera ai XIV Giochi olimpici invernali di Sarajevo 1984 Biografia Stagioni 1983-1984. He also was a member of the board. replacing interim CEO John Simon, and garnering "more than twice the base salary" of his predecessor, Geisha Williams. Johnson led Progress Energy in Raleigh before it merged with Duke Energy. .Johnson was previously president and CEO of the Tennessee Valley Authority for six years before retiring. PG&E would have made even more more money if not for $219 million in bankruptcy costs and another $226 million in expenses tied to past wildfires. SAN FRANCISCO -- PG&E Corp. CEO Bill Johnson blamed negligence by the company's past management for a cascade of catastrophes that killed nearly 140 people as he tried to persuade California regulators Tuesday that he is steering the utility to make safety its top priority. [7][8], Per the merger agreement between Progress and Duke, he was slated to become CEO of the new combined company. Find out more about how we use your information in our Privacy Policy and Cookie Policy. He is the current president and CEO of the Pacific Gas and Electric … One of the departing directors, Jeffrey L. Bleich, left the board Friday. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. He is the current president and CEO of the Pacific Gas and Electric Company, though has announced his retirement from PG&E in 2020. That’s because a federal judge overseeing a five-year criminal probation from another lethal disaster caused by an explosion in its natural gas lines ordered PG&E earlier this week to hire more inspectors to check on potential problems in its transmission system and also wants other improvements made in the way it trims trees near its power lines. [13], On April 22, 2020, it was publicly announced that Johnson would be retiring from PG&E. Within an hour after the merger closed, he was removed as CEO by the new board, the majority of whom were legacy Duke Energy board members. Bill Johnson is Former President/CEO at PG&E Corp. See Bill Johnson's compensation, career history, education, & memberships. [14], University of North Carolina at Chapel Hill, U.S. Court of Appeals for the Fourth Circuit, https://www.nytimes.com/2020/04/22/business/energy-environment/pge-bill-johnson-retiring.html, "Progress Energy Names New CEO, Chairman", "Bill Johnson: leading an energy powerhouse – Charlotte Business Journal", Executive Management: William (Bill) D. Johnson, "List of Public Companies Worldwide, Letter – Businessweek – Businessweek", "Progress Energy Board of Directors names Johnson Chairman and CEO", "Progress CEO quits, Duke chief to run combined company", "New CEO Bill Johnson takes rocky path to TVA job » Knoxville News Sentinel", "CEO-for-a-day parachutes out of Duke Energy with $44 million", "TVA President Bill Johnson announces plans to retire; board member Eric Satz leaving", "TVA - TVA Board Names Jeff Lyash New President and CEO". On April 3, 2019, Johnson was announced as the new president and CEO of PG&E Corporation, [2][3] He later graduated from Duke University summa cum laude with a bachelor's degree in history. PG&E has until May 28 to outline its plans for complying with U.S. District Judge William Alsup’s order. Newsom, PUC President Marybel Batjer and company critics are pushing for directors from California and want them to have safety expertise to help prevent the neglect under past management and led to the wildfires that killed nearly 130 people. Lyash came to TVA from Ontario Power Generation Inc. (OPG). PG&E Corp. will sweep out three quarters of its board of directors to start with a mostly clean slate when it emerges from a bankruptcy case triggered by deadly wildfires ignited in Northern California by the utility’s neglected electrical grid. At Progress Energy, where Johnson worked with Lyash overseeing five reactors, the utility's nuclear unit was top rated by the Nuclear Regulatory Commission when Johnson became CEO. We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. You can change your choices at any time by visiting Your Privacy Controls. Johnson  recently disclosed his plan to surrender the reins after just over a year on the job.

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