How PG&E Is Charting A New Course Post-Bankruptcy

The California utility has paid billions in fire settlements. Now its CEO says it’s a model for safety.

Episode 35 of the Leadership Next podcast, hosted by Fortune, titled "How PG&E Is Charting A New Course Post-Bankruptcy" was published on October 15, 2024 and runs 29 minutes.

October 15, 2024 ·29m · Leadership Next

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Summary

When Patti Poppe took over as CEO of the massive California utility Pacific Gas & Electric in 2021, the company had gone through a very rough period. It was found liable for multiple California wildfires, dealt with a bankruptcy, and paid billions of dollars in settlements to fire victims. Poppe says the size and importance of the opportunity at PG&E is what drew her to the turnaround. On this week’s episode of Leadership Next, Poppe, the first woman to lead two separate Fortune 500 companies, talks to Diane about PG&E’s progress towards going carbon-free, its massive safety overhaul, and how love has shaped her leadership philosophy. Leadership Next is powered by Deloitte.

Episode Description

When Patti Poppe took over as CEO of the massive California utility Pacific Gas & Electric in 2021, the company had gone through a very rough period. It was found liable for multiple California wildfires, dealt with a bankruptcy, and paid billions of dollars in settlements to fire victims. Poppe says the size and importance of the opportunity at PG&E is what drew her to the turnaround. On this week’s episode of Leadership Next, Poppe, the first woman to lead two separate Fortune 500 companies, talks to Diane about PG&E’s progress towards going carbon-free, its massive safety overhaul, and how love has shaped her leadership philosophy. Leadership Next is powered by Deloitte.

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