Geisha J. Williams served as the CEO of PG&E Corporation from March 2017 to January 2019. With a strong background in operations, she made significant contributions in the energy sector. The company faced numerous challenges during her tenure, including the...

Geisha J. Williams served as the CEO of PG&E Corporation from March 2017 to January 2019. With a strong background in operations, she made significant contributions in the energy sector. The company faced numerous challenges during her tenure, including the aftermath of devastating wildfires in California. In 2017, despite missing some performance targets, PG&E achieved critical safety milestones and aimed for cost savings of over $300 million. Williams made headlines when she chose to decline cash bonuses tied to performance metrics due to accountability concerns amid stock declines. Her focus was on safety, customer satisfaction, and strong performance metrics. Williams’s compensation included a substantial package primarily tied to performance-driven payouts, reflecting her emphasis on alignment between shareholder interests and executive incentives. In her time leading PG&E, she showcased a commitment to transparency and responsibility in the face of adversity, leaving behind a complex legacy in a vital industry. Her resignation from the CEO role in January 2019 was part of a broader restructuring at PG&E, signaling the fast-paced changes in the energy landscape.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other PG&E CEOs

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Geisha J. Williams

Ex-CEO of PG&E

Education

Not disclosed

Field of Expertise

Business & Management

Sector of Economy

Utilities

Born

December 1, 1964 - 60 years ago

CEO of PG&E for

1 year 10 months (Mar 2017 - Jan 2019)

Previous Experience

Executive Vice President, Electric Operations of the Utility

Rivals

Competitors/colleagues of Geisha J. Williams

E

Pedro J. Pizarro

CEO of Edison International

2023 Compensation

Stock

$6.08M

Salary

$1.40M

Bonus

$1.85M

Other

$29.80K

Total Holdings

$11.29M

Holdings

See how much did Geisha J. Williams make over time.

During her time at PG&E, Geisha J. Williams made notable insider trades that highlighted her alignment with the company's fortunes. In late 2019 to early 2020, she traded shares ranging in value from $1.62 million to $3.44 million, indicating confidence...

During her time at PG&E, Geisha J. Williams made notable insider trades that highlighted her alignment with the company's fortunes. In late 2019 to early 2020, she traded shares ranging in value from $1.62 million to $3.44 million, indicating confidence in PG&E’s recovery trajectory. This fluctuation in her trades reflects the market's volatility during her leadership, particularly in response to the company’s performance and public scrutiny following wildfire incidents. By early 2024, her trading activity showcased a pattern of regular transactions, often exceeding $2 million, hinting at a strategic approach to managing her wealth linked to PG&E’s uncertain market position post-restructuring.

Total Stock Sold

$827.44K

PCG

$827.44K

14,645 PCG shares

What if they kept their stock?

If Geisha J. Williams didn't sell their stock, today they would have:
Extra PCG14,645 shares worth $163.15K.
This is -80.28% and $664.30K less than what they got when they sold the stock.

Charitable Transactions

PCG

57,901 shares

PCG

Recent Charitable Transactions

PCG

4,525 shares

PCG

Aug 17, 2018

Charity

PCG

14,901 shares

PCG

Mar 1, 2018

Charity

PCG

253 shares

PCG

Feb 20, 2018

Charity

PCG

23,577 shares

PCG

Mar 1, 2017

Charity

PCG

14,645 shares

PCG

Mar 1, 2016

Charity

Insider Trading

See recent insider trades of Geisha J. Williams.

PCG

4,525 shares

PCG

Aug 17, 2018

Charity

PCG

4,525 shares

PCG

Aug 17, 2018

Charity

PCG

14,901 shares

PCG

Mar 1, 2018

Charity

PCG

87,252 shares

PCG

Mar 1, 2018

Received

PCG

14,901 shares

PCG

Mar 1, 2018

Charity

PCG

424 shares

PCG

Feb 20, 2018

Received

PCG

253 shares

PCG

Feb 20, 2018

Charity

PCG

253 shares

PCG

Feb 20, 2018

Charity

PCG

38,726 shares

PCG

May 5, 2017

Received

PCG

23,160 shares

PCG

Mar 1, 2017

Received

Compensation History

See how much did Geisha J. Williams make over time.

Geisha J. Williams saw varied compensation over her two years as CEO of PG&E Corporation. In 2017, her total package was approximately $8.6 million, which included a significant amount in vested stock and additional perks reflecting her previous roles in the company. In 2018, her total compensation dropped to about $2.9 million, largely due to no short-term incentive plan awards related to company performance. Notably, she took a stand on accountability by rejecting her performance bonuses in light of the company's situation. Williams’s compensation structure was designed to tie a substantial portion to performance metrics, emphasizing safety and customer satisfaction as key areas of focus. Her pay reflected the stakes she bore as PG&E navigated critical challenges, including pressing shareholder interests and fiscal responsibilities.

Year

2018

Total Compensation

$2.91M

Salary

$1.00

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and shareholder interests.

Bonus

$0.00

Board Justification

No Short-Term Incentive Plan (STIP) awards were paid due to performance score being set to zero by the Compensation Committee.

Other

$0.00

Board Justification

No additional perquisites or other compensation reported for 2018.

Restricted Stock

$2.91M(122.41K RSU)

Board Justification

122,411 RSUs vested on March 1, 2019, based on the vesting schedule of RSUs granted in 2018.

Performance Metrics

Performance metrics included safety, customer satisfaction, and financial goals, with a significant portion of compensation tied to these metrics.

Other PG&E CEOs

Here are other CEOs of PG&E

William D. Johnson

Ex-CEO of PG&E

May 2019 - June 2020