PG&E's top exec resigns ($34.7M retirement package)

[Newsjock]

Source: San Jose Mercury News

PG&E's top official resigned Thursday, seven months after the company's natural gas pipeline exploded in San Bruno, killing eight and destroying 38 homes.

Peter A. Darbee, chief executive officer and president of PG&E Corp., the parent company of the embattled utility, will leave the company on April 30, the company's board announced.

... There have been increasing calls for resignations of the company's leadership following revelations by the National Transportation Safety Board of sloppy record keeping and questionable safety and inspection practices of the company's natural gas pipelines.

Read more: http://www.mercurynews.com/san-mateo-county/ci_17902213

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Source: San Francisco Chronicle

Darbee's total retirement package will total $34.7 million, according to a document the company filed with federal regulators last month.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/04/21/BUK21J5JRQ.DTL&tsp=1

[xchrom]

1. Recommend

[femrap]

2. He probably doesn't know

how to light a pilot light.

Sickening. It's a fucking utility company. He didn't find the cause of cancer, did he?

[HankyDubs]

3. PG&E is not to be trusted

Ever. They've got a media blitz right now going for the so-called smart meters. PG&E supports them, so of course people should oppose them.

PG&E spends its money on misleading ballot initiatives, commercials, and golden parachutes, but they can't seem to find any money to maintain their infrastructure.

[AndyTiedye]

4. Funny How Everyone's Electric Bills Went Up When they Put in the "Smart Meters"