We are fortunate to have him join our PG&E team., Executive Vice President of People and Shared Services: Julius Cox. Pacific Gas and Electric Company Information, Connect With Pacific Gas and Electric Company, Pacific Gas and Electric Company Board of Directors, Pacific Gas and Electric Company Corporate Governance. I am humbled, honored and excited for the opportunity to help strengthen PG&E for the future. Adam L. Wright, 44, serves as MidAmerican Energy Company's president and CEO. An annual base salary of $825,000 ($68,750 month) subject to ordinary withholdings. He holds a bachelors degree in business management and a masters degree in human resource management from Texas A&M University. Videos Tagged. Show More Posts from adamusic_. If you receive no call from Altair, please email Relocation Services at RelocationServices@pge.com. The utility's chief operating officer, Adam Wright, took home $6.5 million in salary and stock, according to the Bay Area News Group report. You will be an employee at will, meaning the Company can terminate your employment at any time, with or without cause and with or without notice. SAN FRANCISCO--(BUSINESS WIRE)--PG&E Corporation (NYSE: PCG) today announced that its subsidiary Pacific Gas and Electric Company has appointed Adam Wright as Executive Vice President of Operations and Chief Operating Officer and Julius Cox as Executive Vice President of People and Shared Services, effective February 1, 2021. Over the past two decades, China has built large infrastructure projects in almost every country in Africa, making Western powers uncomfortable amid wider concerns about Beijings investments across the continent. The PG&E Corporation Compensation Committee retains full discretion with respect to awarding STIP payments. "I have known and admired him for years. He also served as Vice President of Marketing, managing negotiation and execution of long-term service agreements and general customer satisfaction initiatives. Restricted Stock Unit Agreement between Adam L. Wright and Pacific Gas and Electric Company, dated March 1, 2021. From 2010 to 2011, Mr. Wright served as Vice President of Marketing, managing negotiation and execution of long-term service agreements and customer satisfaction initiatives. He then joined MidAmerican in 2012. Mr. Cox will be responsible for PG&Es Human Resources, Shared Services and Supply Chain, a team charged with ensuring PG&E has the people, skills, resources and tools to meet customers expectations. This offer is subject to board approval of your election to Executive Vice President. 2023 PG&E Corporation. As EVP, Operations and COO, Pacific Gas and Electric Company at PG&E CORP, Adam L. Wright made $6,494,465 in total compensation. From 2003 to 2009, Wright served in various management roles within Northern Natural Gas operations group. I recognize that millions of Californians count on PG&E to provide safe, reliable energy in a changing climate, and that our customers, communities and our company have faced serious challenges in recent years. Im confident that Adam and Julius are the right leaders to help us accelerate these efforts, said Ms. Poppe. "I am thrilled to welcome Adam and Julius to the PG&E leadership team. 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Should you voluntarily resign from the Company within two years of your start date, you will be obligated to repay a pro-rated amount of the cost of the relocation package, based on your resignation date. "Julius brings an exceptional combination of people-centered and strategic vision to everything he does," said Ms. Poppe. He has a demonstrated track record of delivering industry-leading customer satisfaction through operational excellence in both electric and gas utility functions. Before becoming the companys Chief Transformation Officer, Julius Cox was Dynegys Chief Administrative Officer with responsibility for human resources, information technology, business services, investor relations, regulatory and governmental affairs, and communications. Mr. Cox joins PG&E with more than 20 years of energy industry experience, most recently serving as Chief Human Resources Officer at American Electric Power (AEP). Reading time: 7 minutes. He was very good in explaining options, side effects, everything after listening completely to my description of what was going on. I have been impressed by the energy and enthusiasm Ive seen at PG&E and am excited to get started. PostgreSQL is the World's most advanced Open Source Relational Database. Participation in the PG&E Corporation Retirement Savings Plan (RSP), a 401(k) savings plan. MidAmerican provides electric and natural gas service to nearly 1.6 million customers in Iowa, Illinois, Nebraska and South Dakota. I am thrilled to welcome Adam and Julius to the PG&E leadership team. "I recognize that millions of Californians count on PG&E to provide safe, reliable energy in a changing climate, and that our customers, communities and our company have faced serious challenges in recent years. I recognize that millions of Californians count on PG&E to provide safe, reliable energy in a changing climate, and that our customers, communities and our company have faced serious challenges in recent years. ", Executive Vice President of People and Shared Services: Julius Cox. & speeches, dividend Adam Wright joined the Berkshire Hathaway Energy family of businesses in 1996 and worked as a leader in a number of those companies until he joined PG&E. Thats good for PG&E, good for California, and good for the customers we have the privilege of serving.. The company owns and operates a diverse and growing portfolio of power generating assets, as well as an expanding transmission and distribution infrastructure. Mr. Cox will be responsible for PG&Es Human Resources, Shared Services and Supply Chain, a team charged with ensuring PG&E has the people, skills, resources and tools to meet customers expectations. Wright earned a bachelor's degree in civil engineering from the University of Nebraska at Omaha. He also completed the Wharton Advanced Management Program at the University of Pennsylvania and previously served as an Independent Director for the Midwest Reliability Organization. Your total annual compensation package will consist of the following: The qualified pension is subject to income limitations set by the IRS each yearyour base pay up to that limit will be used to determine your qualified pension benefit. Mr. Wright joins PG&E after serving three years as President and CEO of MidAmerican Energy (a Berkshire Hathaway Energy company), which provides electric and natural gas service to nearly 1.6 million customers in the Midwest. Before joining Dynegy, Mr. Cox was a consultant at Arthur Andersen and worked in human resources roles at Shell Oil and Neiman Marcus. Mr. Wright will be responsible for all of the utilitys operations, including Gas, Electric and Generation. Adam Wright joined the Berkshire Hathaway Energy family of businesses in 1996 and worked as a leader in a number of those companies until he joined PG&E. Participation in the Pacific Gas and Electric Company (the Company) Short-Term Incentive Plan (STIP) with an initial target participation rate of 90% of your eligible earnings (i.e., base salary) received during each plan year. Transfer Agent He was hired by MidAmerican in 2012 to lead expansion and operations of the company's wind generation fleet, before taking over the company's gas delivery operations in 2015. He is also on the board of Nuclear Energy Institute. For more information, visitpgecorp.com. Barry J. In 2020, Wright served on the Iowa Governor's COVID-19 Economic Recovery Advisory Board. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. However, a deeper look shows that accusations of so-called debt trap diplomacy turn out to be unfounded. Mr. Cox joins PG&E with more than 20 years of energy industry experience, most recently serving as Chief Human Resources Officer at American Electric Power (AEP). Earthquake Warning California is the countrys first publicly available, statewide warning system that uses ground sensors around the state to alert residents seconds before shaking occurs, which can provide crucial seconds for people to drop, cover and hold on, as advised in advance of an earthquake. Thats good for PG&E, good for California, and good for the customers we have the privilege of serving.. In 2020, Wright served on the Iowa Governor's COVID-19 Economic Recovery Advisory Board. Adam is a purpose-driven leader with strong utility expertise, said Ms. Poppe. The role of the board is to inform and engage the public on development and implementation of the system. Adam Wright was excellent. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Mr. Cox joined Dynegy in 2001 as a human resources director and held progressive leadership roles in human resources. Adam L. Wright is Executive Vice President, Operations and Chief Operating Officer of Pacific Gas and Electric Company. Adam L. Wright, 45, serves as MidAmerican Energy Companys president and CEO. From 2003 to 2009, Mr. Wright served in various management roles within Northern Natural Gas' operations group and was responsible for the development of the company's integrity management program for high-consequence areas and the completion of major pipeline expansion projects. Oversees matters relating to compensation and benefits, including: Mark E. Ferguson III (Chair)Kerry W. CooperJessica L. DenecourMichael R. Niggli, Safety and Nuclear Oversight Committee (PG&E Corporation and Pacific Gas and Electric Company). In my first few weeks as CEO, Ive been energized by the purpose, work ethic, and united commitment from our 23,000 coworkers to deliver a better PG&E experience for our customers. This press release features multimedia. Adam Wright, Michael A. Gottfried, and Vi-Nhuan Le demonstrate empirically that minority teachers have a positive impact on the "social-emotional development" of American minority kindergarten children. We look forward to you joining our executive team. The grant date of your RSU award will be the later of your hire date or the date the award is approved by the Compensation Committee of the PG&E Corporation board, or, if your grant date otherwise would occur during a trading blackout period, the first business day after the trading blackout ends. I am humbled, honored and excited for the opportunity to help strengthen PG&E for the future. He also served as Vice President of Marketing, managing negotiation and execution of long-term service agreements and general customer satisfaction initiatives. Julius brings an exceptional combination of people-centered and strategic vision to everything he does, said Ms. Poppe. Oversees and monitors: Integrity of the company financial statements, and financial and accounting practices; Internal controls over financial reporting, and external and internal auditing programs He also completed the Wharton Advanced Management Program at the University of Pennsylvania and previously served as an Independent Director for the Midwest Reliability Organization. Adam Wright, PG&Es Executive Vice President of Operations and Chief Operating Officer, will join the state Earthquake Early Warning Advisory Board, California Gov. Mr. Wright holds a bachelors degree in civil engineering from the University of Nebraska at Omaha. Previously, he held various management roles at Northern Natural Gas, another Berkshire Hathaway Energy company. Mr. Cox joins PG&E with more than 20 years of energy industry experience, most recently serving as Chief Human Resources Officer at American Electric Power (AEP). Latest on RB Adam Wright including news, stats, videos, highlights and more on NFL.com Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. I recognize that millions of Californians count on PG&E to provide safe, reliable energy in a changing climate, and that our customers, communities and our company have faced serious challenges in recent years. We are fortunate to have him join our PG&E team., Executive Vice President of People and Shared Services: Julius Cox. Wright joined PG&E after serving three years as President and CEO of MidAmerican Energy Company (MEC), a Berkshire Hathaway Energy company. In the event you are terminated without cause, you will be eligible for benefits under the PG&E Corporation Officer Severance Policy, including pro-rata STIP for partial-year service over six months as noted in such policy. It is the parent company of Pacific Gas and Electric Company, an energy company that serves 16 million Californians across a 70,000-square-mile service area in Northern and Central California. Their analyses of 2010-2011 data from the Early Childhood Longitudinal Study focus on measurable effects in four social and affective domains: self-control, externalizing behaviors . SAN FRANCISCO, Calif. PG&E Corporation (NYSE: PCG) today announced that its subsidiary Pacific Gas and Electric Company has appointed Adam Wright as Executive Vice President of Operations and Chief Operating Officer and Julius Cox as Executive Vice President of People and Shared Services, effective February 1, 2021. Bloomberg Markets live from New York, focused on bringing you the most important global business and breaking markets news and information as it happens. Type a symbol or company name. Interview conducted by: Andreas Scherbaum. Very attentive and very thorough! Vice President, Talent & Chief Diversity Officer. STIP awards are completely discretionary and not guaranteed. All rights reserved. PG&E Corporation (NYSE: PCG) today announced that its subsidiary Pacific Gas and Electric Company has appointed Adam Wright as Executive Vice President of Operations and Chief Operating Officer and Julius Cox as Executive Vice President of People and Shared Services, effective February 1, 2021. He also completed the Wharton Advanced Management Program at the University of Pennsylvania and previously served as an Independent Director for the Midwest Reliability Organization. I have been impressed by the energy and enthusiasm Ive seen at PG&E and am excited to get started. Both Mr. Wright and Mr. Cox will report to PG&E Corporation Chief Executive Officer Patti Poppe, who began her tenure at PG&E on January 4. Under his thoughtful guidance and inspiring leadership, I know our coworkers at PG&E as well as our team of suppliers and contractors will be in good hands and positioned to succeed. Wright started his role at PG&E in February 2021 and is responsible for all of the Utility's operationsElectric, Gas and Generation. Mr. Wright joins PG&E after serving three years as President and CEO of MidAmerican Energy (a Berkshire Hathaway Energy company), which provides electric and natural gas service to nearly 1.6 million customers in the Midwest. Under his thoughtful guidance and inspiring leadership, I know our coworkers at PG&E as well as our team of suppliers and contractors will be in good hands and positioned to succeed. In 2012, he moved to Des Moines, Iowa, to lead expansion and operations of MidAmericans wind generation fleet. 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