PCG PG&E Corporation

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CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

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Date of Report: July 1, 2020

(Date of earliest event reported)

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Commission File Number		Exact Name of Registrant as specified in its charter		State or Other Jurisdiction of Incorporation or Organization		IRS Employer Identification Number
001-12609		PG&E CORPORATION		California		94-3234914
001-02348		PACIFIC GAS AND ELECTRIC COMPANY		California		94-0742640

77 BEALE STREET		77 BEALE STREET
P.O. BOX 770000		P.O. BOX 770000
SAN FRANCISCO, California 94177		SAN FRANCISCO, California 94177
(Address of principal executive offices) (Zip Code)		(Address of principal executive offices) (Zip Code)
(415) 973-1000		(415) 973-7000
(Registrant’s telephone number, including area code)		(Registrant’s telephone number, including area code)

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common stock, no par value	PCG	The New York Stock Exchange
Equity Unit	PCGU	The New York Stock Exchange
First preferred stock, cumulative, par value $25 per share, 5% series A redeemable	PCG-PE	NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 5% redeemable	PCG-PD	NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 4.80% redeemable	PCG-PG	NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 4.50% redeemable	PCG-PH	NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 4.36% series A redeemable	PCG-PI	NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 6% nonredeemable	PCG-PA	NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 5.50% nonredeemable	PCG-PB	NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 5% nonredeemable	PCG-PC	NYSE American LLC

Emerging growth company	PG&E Corporation	☐
Emerging growth company	Pacific Gas and Electric Company	☐

PG&E Corporation	☐
Pacific Gas and Electric Company	☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

As previously reported, on July 1, 2020, the Board of the Corporation appointed eleven new directors (the “New Directors”) to the Corporation’s Board, effective as of July 1, 2020 (the “Effective Time”). Also on July 1, 2020, the Board of the Utility appointed eight of the eleven New Directors, with the exception of Jessica L. Denecour, Robert C. Flexon and Michael R. Niggli, to the Utility’s Board, effective as of the Effective Time.  As previously disclosed, Jessica L. Denecour, Robert C. Flexon and Michael R. Niggli will not be seated on the Board of the Utility pending resolution of the matters that are the subject of the Waiver Application (as defined in the Original 8-K) pending before the Federal Energy Regulatory Commission.

On July 2, 2020, the Boards of the Corporation and the Utility held concurrent in-person Board meetings.  On July 2, 2020, the Board of the Corporation appointed Robert C. Flexon to serve as the independent non-executive Chair of the Board of the Corporation, and the Board of the Utility appointed Dean L. Seavers to serve as the independent non-executive Chair of the Board of the Utility, effective immediately.  In addition, effective as of July 2, 2020 except as indicated, the membership of the committees of the Boards of the Corporation and the Utility is as described below:

Audit Committees (of each of the Corporation and the Utility)

Benjamin F. Wilson (Chair)

Rajat Bahri

Kerry W. Cooper

Robert C. Flexon*

Compensation Committee (of the Corporation)

Mark E. Ferguson III (Chair)

Jessica L. Denecour

Robert C. Flexon

Oluwadara J. Treseder

Compliance and Public Policy Committee (of the Corporation)

John M. Woolard (Chair)

Cheryl F. Campbell

Kerry W. Cooper

William Craig Fugate

Arno L. Harris

Executive Committees (of each of the Corporation and the Utility)

Robert C. Flexon* (Chair, Corporation Executive Committee)

Dean L. Seavers (Chair, Utility Executive Committee)

Cheryl F. Campbell

Jessica L. Denecour*

Mark E. Ferguson III

William L. Smith

Andrew M. Vesey**

Benjamin F. Wilson

John M. Woolard

Finance Committee (of the Corporation)

Dean L. Seavers (Chair)

Kerry W. Cooper

Arno L. Harris

Michael R. Niggli

Oluwandara J. Treseder

Nominating and Governance Committee (of the Corporation)

Robert C. Flexon (Chair)

Jessica L. Denecour

Dean L. Seavers

Benjamin F. Wilson

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Safety and Nuclear Oversight Committees (of each of the Corporation and the Utility)

Cheryl F. Campbell (Chair)

William Craig Fugate

Mark E. Ferguson III

Michael R. Niggli*

Dean L. Seavers

Technology and Cybersecurity Committee (of the Corporation)

Jessica L. Denecour (Chair)

Rajat Bahri

Mark E. Ferguson III

Michael R. Niggli

John M. Woolard

* Indicates membership on the applicable committee of the Corporation only until such director’s election to the Utility Board.

** Indicates membership on the Executive Committee of the Utility Board only.

As of April 29, 2020, the Corporation has established a Technology and Cybersecurity Committee of the Board.  

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned thereunto duly authorized.

	PG&E CORPORATION
Dated: July 7, 2020	By:	/s/ JANET C. LODUCA
		Name:	Janet C. Loduca
		Title:	Senior Vice President and General Counsel

	PACIFIC GAS AND ELECTRIC COMPANY
Dated: July 7, 2020	By:	/s/ BRIAN M. WONG
		Name:	Brian M. Wong
		Title:	Vice President, Deputy General Counsel and Corporate Secretary