Pg&E Corp
15 nominees · 3 ballot items.
Election of Directors; Advisory vote to approve executive compensation (Say-on-Pay); Ratification of Deloitte & Touche LLP as independent auditors.
Follow how the vote landed and what changed on Pg&E Corp’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
On the ballot3
- 1
Election of Directors of PG&E Corporation and Pacific Gas and Electric Company
ManagementBoard: FORElection of the board-nominated slate of directors for both PG&E Corporation and Pacific Gas and Electric Company, with nominees to hold office until the 2027 annual meeting.
- 2
Advisory Vote to Approve Executive Compensation for PG&E Corporation and Pacific Gas and Electric Company
ManagementBoard: FORNon-binding, advisory vote (Say-on-Pay) to approve the 2025 compensation of named executive officers as disclosed in the proxy statement, including CD&A.
More detail
The proposal requests an advisory approval of the 2025 executive compensation program for PG&E Corporation and the Utility, as described in the Compensation Discussion and Analysis and related disclosure. Management seeks this non-binding shareholder vote to confirm that its pay programs appropriately tie a significant portion of executive pay to both short-term and long-term performance metrics emphasizing safety, customer outcomes, and financial stability, and to demonstrate alignment with shareholders and regulatory commitments (including AB 1054 and POR OII). The Board and the People and Compensation Committee recommend a vote FOR, arguing that the 2025 program had high at-risk pay, appropriate weighting toward safety and customer metrics, and governance measures (independent consultant, clawbacks, ownership guidelines) to mitigate excessive risk-taking. The proxy provides detailed metrics and outcomes for STIP and LTIP awards, shows that short-term incentive payout was 139% of target based on certified metrics, and discloses PSU results and changes to relative TSR methodology to address company-specific market impacts. Shareholders’ advisory vote is non-binding; if not approved, the Committee will consider feedback in future compensation design.
- 3
Ratification of the Appointment of Deloitte & Touche LLP as Independent Public Accounting Firm
ManagementBoard: FORRatify Deloitte & Touche LLP as the independent auditor for PG&E Corporation and Pacific Gas and Electric Company for the 2026 fiscal year.
Nominees on the ballot15
Top institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 6.4% | 141,063,546 | $2.5B |
| 2 | STATE STREET CORP | 5.7% | 125,873,456 | $2.2B |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 5.0% | 109,073,619 | $1.9B |
| 4 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 3.9% | 86,392,242 | $1.5B |
| 5 | AQR CAPITAL MANAGEMENT LLC | 3.8% | 83,840,538 | $1.5B |
| 6 | BlackRock, Inc. | 3.6% | 78,877,610 | $1.4B |
| 7 | FMR LLC | 3.5% | 77,234,733 | $1.4B |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 2.6% | 57,879,624 | $1.0B |
| 9 | BlackRock, Inc. | 2.2% | 49,471,728 | $869M |
| 10 | DEUTSCHE BANK AG\ | 1.6% | 35,326,704 | $621M |
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Frequently asked questions
- When is the Pg&E Corp 2026 annual meeting?
- Pg&E Corp (PCG) holds its 2026 annual shareholder meeting on Thursday, May 21, 2026.
- What is the record date for the Pg&E Corp 2026 meeting?
- The record date for the Pg&E Corp 2026 meeting is Monday, March 23, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Pg&E Corp's 2026 meeting?
- The board is presenting 15 director nominees at the Pg&E Corp 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Pg&E Corp 2026 meeting?
- Shareholders will vote on 3 proposals at the Pg&E Corp 2026 meeting, each tagged with who proposed it and the board's recommendation.
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