PG&E Picks New CEO to Lead It Through Post-Bankruptcy Challenges

By [email protected] Pacific Gas & Electric has named Patti Poppe as its next CEO, tapping the longtime Michigan utility executive to help restore public confidence in its ability to safely operate its Northern California grid and rebuild investors’ trust in its post-bankruptcy financial prospects.

Poppe will take the lead at California’s largest utility in January, six months after it emerged from bankruptcy under a $59 billion reorganization plan that’s saddled it with billions of dollars of debt. In a prepared statement, the 52-year-old CEO of Consumers Energy and parent company CMS Energy said she was honored by the “opportunity to help lead

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