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Thursday, March 28, 2024 | Back issues
Courthouse News Service Courthouse News Service

Bankruptcy Bonuses

Beleaguered California utility Pacific Gas and Electric asked a federal bankruptcy judge late Wednesday to approve a $9 million compensation package for its new CEO and bonuses of up to $16.4 million for 12 key executives.

SAN FRANCISCO – Beleaguered California utility Pacific Gas and Electric asked a federal bankruptcy judge late Wednesday to approve a $9 million compensation package for its new CEO and bonuses of up to $16.4 million for 12 key executives.

Categories / Courts, Energy

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