(Bloomberg) — PG&E Corp. said it will overhaul its board of directors, bring in safety experts and create regional operating units as part of a broad reorganization proposal aimed at winning state approval for its bankruptcy exit.PG&E detailed the organizational changes in filings late Friday with the California Public Utilities Commission and U.S. bankruptcy court. The company will seek new board members with extensive safety experience and wants half of its directors to reside in California. The utility will also appoint an independent safety adviser who would take over after the term of its federal probation monitor ends, according to …read more
Source:: Yahoo Finance
