William L. Smith has been the Interim CEO of PG&E Corporation since June 2020, stepping into the role during a challenging period for the company. His experience emphasizes operations, which is key for a utility company aiming for efficiency and...

William L. Smith has been the Interim CEO of PG&E Corporation since June 2020, stepping into the role during a challenging period for the company. His experience emphasizes operations, which is key for a utility company aiming for efficiency and safety. Although specific details about his educational background are not disclosed, his tenure as a director at PG&E and involvement in various committees showcases his commitment to the company's strategic goals, particularly in advancing California's clean energy initiatives. In 2022, his total compensation peaked at over $14 million, largely due to performance shares, demonstrating that when the company performs well, he benefits significantly. Interestingly, in 2023, his base salary dropped to around $211,224 with no additional bonuses or stock options—a stark contrast to the previous year. Smith's insider trading patterns show consistent activity, with several high-value sales, indicating a level of confidence in the company's operations while managing his personal investments.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other PG&E CEOs

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William L. Smith

CEO of PG&E

Education

Not disclosed

Field of Expertise

Business & Management

Sector of Economy

Utilities

CEO of PG&E for

4 years 11 months (Jun 2020 - Present)

Previous Experience

Senior Vice President, Electric Operations

Rivals

Competitors/colleagues of William L. Smith

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 William L. Smith make over time.

William L. Smith has actively engaged in stock trades over the years, showing fluctuations in his insider trading. Notably, in the early months of 2020, he made several trades ranging from $100,000 to $172,000, suggesting a strategy of managing his...

William L. Smith has actively engaged in stock trades over the years, showing fluctuations in his insider trading. Notably, in the early months of 2020, he made several trades ranging from $100,000 to $172,000, suggesting a strategy of managing his wealth carefully. As his role evolved, his trading activities became distinctively higher, particularly in 2021 when he conducted significant trades worth millions, consistently selling shares in the company amidst strong market performance. By 2022 and 2023, his trading values showed a slight increase, peaking with one of his largest trades in 2022 at over $3.36 million. This suggests a confidence in PG&E's long-term goals while also navigating through its challenging recovery phase. The variation in his stock sales reflects both market conditions and personal investment strategies geared toward maximizing his financial position.

Mar 18, 2025

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shares

PCG @ $17.20

Insider Trading

See recent insider trades of William L. Smith.

PCG

9,677 shares

PCG

May 17, 2024

Received

PCG

10,836 shares

PCG

May 19, 2023

Received

PCG

11,532 shares

PCG

May 19, 2022

Received

PCG

13,461 shares

PCG

May 20, 2021

Received

PCG

136,748 shares

PCG

Feb 25, 2021

Received

PCG

163,934 shares

PCG

Aug 3, 2020

Received

PCG

11,628 shares

PCG

Jul 1, 2020

Received

Compensation History

See how much did William L. Smith make over time.

In 2023, William L. Smith received a total compensation of approximately $211,224, focused entirely on his salary, with no bonuses or stock options reported. This marks a significant decrease from 2022, where his earnings exceeded $14 million, thanks in large part to vested performance shares amid favorable outcomes for PG&E. The shift in his compensation structure may indicate a new focus on aligning with company performance rather than guaranteed pay. His previous role’s compensation, emphasizing performance-based pay for safety and financial goals, reflects the company's approach to incentivizing leadership that contributes directly to shareholder interests. This evolution in pay structure is crucial as PG&E aims to stabilize and thrive in a rapidly changing energy market.

Year

2023

Total Compensation

$211.22K

Salary

$211.22K

Board Justification

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

Bonus

$0.00

Board Justification

No bonus was reported for 2023.

Other

$0.00

Board Justification

No other compensation was reported for 2023.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were vested in 2023.

Performance Metrics

Performance metrics include safety, customer satisfaction, and financial goals.

Other PG&E CEOs

Here are other CEOs of PG&E

Andrew M. Vesey

CEO of PG&E

August 2019 - Invalid Date