I'm confident that Adam and Julius are the right leaders to help us accelerate these efforts," said Ms. Poppe. He joined MidAmerican Energy in 2012 to lead the expansion and operations of the company's wind generation fleet, before taking over responsibility for the company's gas delivery operations in 2015. You will receive additional details on the award when it is granted. Christine Cowsert Chapman . Adam Wright 60 Ford Lane Waukee, IA 50263 Dear Adam: We are thrilled to extend a contingent offer of employment for the position of Executive Vice President, Chief Operating Officer reporting to Patti Poppe, PG&E Corporation Chief Executive Officer. ", Executive Vice President of Operations: Adam Wright. 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. "Each of them brings unique and deep expertise, and I know they will hit the ground running and help us to make meaningful progress in safely serving our customers. 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. Barry "Joe" Bentley Senior Vice President, Electric Engineering. 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. 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. Oversees matters relating to financial and investment planning, policies, and risks, including: William L. Smith (Chair)Rajat BahriKerry W. CooperRobert C. FlexonCarlos M. Hernandez, People and Compensation Committee (PG&E Corporation). 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. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Others named Adam Wright. Mr. Wright will be responsible for all of the utilitys operations, including Gas, Electric and Generation. An initial annual vacation allotment of four weeks, subject to future increases based on length of service. 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. ", Executive Vice President of People and Shared Services: Julius Cox. Executive Vice President, Operations and Chief Operating Officer | Pacific Gas and Electric Company. Mr. Cox joined Dynegy in 2001 as a human resources director and held progressive leadership roles in human resources. Wright serves as a board member on the Iowa Business Council and the Iowa Utility Association and is an advisory director for the American Gas Association. 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). PG&E Appoints Adam Wright and Julius Cox to New, Focused Roles Designed to Better Serve Customers, Adam Wright - Executive Vice President of Operations and Chief Operating Officer, Pacific Gas and Electric Company (Photo: Business Wire), Julius Cox - Executive Vice President of People and Shared Services, PG&E Corporation and Pacific Gas and Electric Company (Photo: Business Wire). I have been impressed by the energy and enthusiasm Ive seen at PG&E and am excited to get started. Julius brings an exceptional combination of people-centered and strategic vision to everything he does, said Ms. Poppe. Transfer Agent 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. PG&E Appoints Adam Wright and Julius Cox to New, Focused Roles Designed to Better Serve Customers. Adam L. Wright, 45, serves as MidAmerican Energy Companys president and CEO. The PG&E Corporation Compensation Committee retains full discretion with respect to awarding STIP payments. I. 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. "I have known and admired him for years. Pacific Gas and Electric Company Board of Directors, CEO, PG&E Corporation; Director, Pacific Gas and Electric Company, EVP Operations, COO and Director, Pacific Gas and Electric Company, Chair of the Board of Pacific Gas and Electric Company and Consultant, Former SVP, Xcel Energy, Former President and Chief Operations Officer, Rothy's, Former Senior Vice President and Chief Information Officer, Varian Medical Systems, Consultant, former Vice Chief of Naval Operations. From 2010 to 2011, Wright served as vice president of marketing, managing negotiation and execution of long-term service agreements and general customer satisfaction initiatives. I am humbled, honored and excited for the opportunity to help strengthen PG&E for the future. Adam Wright 's Email Executive Vice President of Operations and Chief Operating Officer at Pacific Gas and Electric Contact Details Phone +1******00 Get Phone Number Email aw*******@pge.com Get Email Address Department Operations Location San Francisco, California, United States Pacific Gas and Electric Company Information Phone +1******00 Julius brings an exceptional combination of people-centered and strategic vision to everything he does, said Ms. Poppe. Adam L. Wright is Executive Vice President, Operations and Chief Operating Officer of Pacific Gas and Electric Company. payment dates, general "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. Very attentive and very thorough! Bloomberg Markets live from New York, focused on bringing you the most important global business and breaking markets news and information as it happens. Mr. Wright will be responsible for all of the utilitys operations, including Gas, Electric and Generation. All rights reserved. He also served as Vice President of Marketing, managing negotiation and execution of long-term service agreements and general customer satisfaction initiatives. Adam is a purpose-driven leader with strong utility expertise, said Ms. Poppe. Altair, our relocation vendor partner, will contact you no later than 30 days before your start date to thoroughly review the relocation program with you. PostgreSQL is the World's most advanced Open Source Relational Database. You will be required to sign an agreement detailing the terms and conditions of the relocation program. Ticker Tape by TradingView. He then joined MidAmerican in 2012. Reading time: 7 minutes. View bio. As EVP, Operations and COO, Pacific Gas and Electric Company at PG&E CORP, Adam L. Wright made $6,494,465 in total compensation. Barry J. 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. Wright started his role at PG&E in February 2021 and is responsible for all of the Utility's operationsElectric, Gas and Generation. MidAmerican provides electric and natural gas service to nearly 1.6 million customers in Iowa, Illinois, Nebraska and South Dakota. He will focus on safety, seek to increase connectivity among operational groups, standardize practices, and promote excellent execution across the board. Each of them brings unique and deep expertise, and I know they will hit the ground running and help us to make meaningful progress in safely serving our customers., Executive Vice President of Operations: Adam Wright. I look forward to working closely with Patti and every PG&E coworker to meet our customers' expectations," said Mr. Wright. He holds a bachelors degree in business management and a masters degree in human resource management from Texas A&M University. "I have been impressed by the energy and enthusiasm I've seen at PG&E and am excited to get started. In this press release, they are together referred to as PG&E., View source version on businesswire.com: https://www.businesswire.com/news/home/20210126005711/en/. EVP Operations, COO and Director | Pacific Gas and Electric Company. Before becoming the company's Chief Transformation Officer, Julius Cox was Dynegy's Chief Administrative Officer with responsibility for human resources, information technology, business services, investor relations, regulatory and governmental affairs, and communications. Wright joined PG&E after serving three years as President and CEO of MidAmerican Energy Company (MEC), a Berkshire Hathaway Energy company. A one-time new hire award of $1,600,000 in Restricted Stock Units (RSUs) that vest pro rata, one-half per year on each of the first two anniversaries of the grant date. Should your start date be after March 1, the allowance will be provided on your second payroll check. In 2020, Wright served on the Iowa Governor's COVID-19 Economic Recovery Advisory Board. 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. Adam Wright Agent Experience Partner at Opendoor Fort Worth, Texas, United States 7K followers 500+ connections Join to follow Opendoor University of North Texas About My name is Adam Wright. Puddle Jumpers Pointthe Way to Greener Aviation, What Tech Job Cuts Say About Silicon Valleyand the Rest of the Economy, With VC Funding Drying Up, Biotechs Are on a Quest for Cash, Columbia Hires First Female Leader as Shafik Succeeds Bollinger, Jes Staley Personally ObservedEpstein's Abuse, Woman Suing JPMorgan Claims, Tesla Is on Both Offense and Defense in Its First-Ever Price War, Britishvolts FailureReinforces UK Car SectorsExistential Dread, The White House Is Considering Broad Actions to ExpandTenant Protections, The School Board Queen Endorsed by Florida Governor Ron DeSantis, The School Board Queen: How a Florida Mom Is Shaking Up US Education, Ryan Salame Invested Big In ASmall Town, Now Its Tangled Up In FTXs Fallout(Podcast), Fight to Regulate Crypto atCrossroads as Ripple Ruling Looms. How Is That a Good Thing? Before joining Dynegy, Mr. Cox was a consultant at Arthur Andersen and worked in human resources roles at Shell Oil and Neiman Marcus. He has a demonstrated track record of delivering industry-leading customer satisfaction through operational excellence in both electric and gas utility functions. The LTIP design for 2021 has been proposed and is awaiting final approval. 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. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. This information is according to proxy statements filed for the . No portion of this letter is intended to indicate a guarantee of the terms and conditions of such programs existing at the time of this offer. This press release features multimedia. Robert C. Flexon (Chair, PG&E Corporation Executive Committee)Cheryl F. Campbell (Chair, Pacific Gas and Electric Company Executive Committee)Jessica L. DenecourMark E. Ferguson IIIPatricia K. PoppeBenjamin F. Wilson, Finance and Innovation Committee (PG&E Corporation). 1-888-489-4689, PG&E Shareholder Services Wright started his role at PG&E in February 2021 and is responsible for all of the Utility's operationsElectric, Gas and Generation. 1188 others named Adam Wright are . To ensure the most secure and best overall experience on our website, we recommend the latest versions of. He has a demonstrated track record of delivering industry-leading customer satisfaction through operational excellence in both electric and gas utility functions. Gavin Newsom announced Tuesday. Before joining Dynegy, Mr. Cox was a consultant at Arthur Andersen and worked in human resources roles at Shell Oil and Neiman Marcus. CorporateSecretary@pge.com, Copyright 2004 - 2017 PG&E Corporation. 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. The Company subsidy is equal to 40% of your total cost. Wright began his employment with the Berkshire Hathaway Energy family of businesses in 1996, and in 2003, Wright joined Northern Natural Gas. The general overall terms of PG&Es compensation and benefit programs (including but not limited to STIP, LTIP, perquisite allowance, qualified and supplemental pension, time off, and healthcare offerings) are subject to change over time. Your compensation over the IRS limit will be used to determine your benefit under the supplemental pension plan for officers, the Defined-Contribution Supplemental Executive Retirement Plan (DC-ESRP), which includes both base pay and STIP earnings. What's Adam Wright's mailing address? Copy and paste multiple symbols separated by spaces. He then joined MidAmerican in 2012. 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. 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. We are fortunate to have him join our PG&E team., Executive Vice President of People and Shared Services: Julius Cox. Connect with PG&E on Twitter; Connect with PG&E on Linkedin; Connect with PG&E on YouTube; Participation in the PG&E Corporation Supplemental Retirement Savings Plan (SRSP), a non-qualified, deferred compensation plan. Prior to AEP, Mr. Cox was Chief Transformation Officer at Dynegy, a Houston-based power producer that is now part of Vistra Energy where he and his team championed a culture of performance and process improvements across the organization. Previously, he held various management roles at Northern Natural Gas, another Berkshire Hathaway Energy company. Exercises powers and performs duties of the applicable Board, subject to limits imposed by state law. Retired President of AT&T Technology Operations, AT&T Services, Inc. Pacific Gas and Electric Company Information, Connect With Pacific Gas and Electric Company, Pacific Gas and Electric Company Corporate Governance, View Charter - Pacific Gas and Electric Company, Integrity of the company financial statements, and financial and accounting practices, Internal controls over financial reporting, and external and internal auditing programs, Selection and oversight of the companies' Independent Auditor, Compliance with legal and regulatory requirements, in concert with other Board committees, With the assistance of other Board committees, risk management and assessment, Financial and investment plans and strategies, Development, selection, and compensation of policy-making officers, Annual approval of the corporate goals and objectives of the PG&E Corporation CEO and the Utility CEO (or if the Utility CEO office is not filled, any Utility President), Management evaluation and officer succession, Employment, compensation, and benefits policies and practices, Potential risks arising from compensation policies and practices, Retention and oversight of the Committee's independent compensation consultants, legal counsel, or other advisors. 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