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“We’re the energy that allows all business to operate. And state officials aren’t likely to support a takeover because then the utility’s problems would become Sacramento’s problems instead.The consequences of bankruptcy or an asset sale could ripple far beyond the utility’s shareholders, some experts say, affecting 16 million Californians who depend on PG&E for energy and potentially threatening the state’s ability to meet its climate-change goals.The Public Utilities Commission is eager to avoid a Bankruptcy Court proceeding, in which a federal judge would control the company’s fate and the interests of creditors would be placed above those of ratepayers, who could face higher rates.The company filed for bankruptcy once before, in the midst of the early-2000s energy crisis that stemmed from a failed deregulation scheme and led to rolling power outages in much of the state.Under Williams, PG&E spent millions of dollars trying to convince state lawmakers to change a legal doctrine known as inverse condemnation, under which utilities are liable for damages if their equipment is found to have sparked a wildfire, even if they weren’t negligent. Williams takes over as the utility's new CEO on March 1. “They say, ‘Geisha, we did it for you. “This is the pinnacle of my career. “I could see myself at that age in that little girl,” Williams reflects. PG&E is facing billions in potential damages because of the disaster. Trying to get a handle on how California is reopening and what it means for you? She purchased the mansion in 2008 for $3.75 million. They bought a grocery store in New Jersey and later expanded the branch in Florida. Before taking a job the summer after her junior year at the University of Miami, she thought she would never work in utilities. “Any time there’s a major power interruption, it’s a moment of truth, a defining moment, for your company,” Williams explains. “It asks of you: can you galvanize your workforce and help the community return to normal?”While the duties of executive vice president of electrical operations may not exactly be glamorous, Williams takes great pride in fulfilling them nonetheless. Though she never lacked support, Williams says even in her dreams she never imagined herself as the highest-ranking Latina in PG&E’s electric system. From a mother in Bakersfield making breakfast, to a student in Eureka working a research paper, the electricity supplied to Californians by Pacific Gas and Electric Company (PG&E) is a resource that is both a necessity and a given. Courtesy Geisha Williams Williams at her graduation from the University of Miami, 1983.
Former PG&E CEO Geisha Williams has listed her Tiburon, CA, home for $4.77 million.
Williams was the first and only Latina CEO of a Fortune 200 company and has been recognized as the highest-ranking Latina leader in American business. “It was great to see Anne helping her to adjust to living in a new country.”Leading by example, Williams approaches her work with the intrinsic motivation of a volunteer dedicated to the way rather than the means. Williams is a Cuban-born immigrant who made history becoming the … “It’s knowing the service you provide enables comfort, convenience, everything we stand for.” Though the letters she receives from people her team has helped are gratifying, her ultimate satisfaction comes from leading the organization that works day and night to fulfill its commitment to its customers.“It’s not the ‘thank you’ you work for,” Williams says. That second fact is true thanks to the work of more than 7,000 employees who are led by a woman who doesn’t work for the recognition, but for the honor of providing 15 million people the simple pleasure having electricity when they want it.When Geisha Williams was growing up, she didn’t understand the magnitude of the sacrifice her parents made to uproot their family from Cuba to plant their dreams in American soil, though she shared in their discomfort—making the jump from balmy tropics to bitter-cold Minnesota is no small feat. Why not you?” Williams recalls that idea, once planted, took root and set her on a path to leadership.In times of crisis, as Williams faced in Florida, she must not only be a commander, she must be an ear to listen, a hand to lend, and a source of compassion. I was born in Cuba, where my father was a political prisoner. We knew you couldn’t lead the kind of life you deserved in that country. Our guide includes updates and tips for remaining healthy and sane.Agricultural and essential workers across California fear evictions as the coronavirus forces them out of work, but many living here illegally are also afraid to seek help or fight back.Take a look at homes with pools for roughly $1 million in Sherman Oaks, Pasadena and Los Angeles in L.A. County.DreamWorks co-founder Jeffrey Katzenberg has wrapped up the third-priciest home sale in California history, unloading his Beverly Hills compound in an off-market deal for $125 million.Santa Barbara-area real estate sources believe Meghan Markle and Prince Harry were the buyers of a $14.65-million Montecito estate that sold off-market in June.Apple’s stock split, effective Aug. 31, will lead some money managers to sell shares as they adjust to mimic the Dow Jones industrial average’s makeup. In November, however, the utility’s equipment again was being looked at as a possible source of the Camp fire, which destroyed the town of Paradise.Support for PG&E’s management eroded even further in December when state regulators accused the utility of falsifying records related to locating and marking underground gas lines from 2012 through 2017 — years in which the company was trying to convince the public that it had cleaned up its act after the 2010 pipeline blast.Williams was one of only about two dozen women running S&P 500 companies, including Duke Energy Corp.’s Lynn Good, El Paso Electric Co.’s Mary Kipp, PNM Resources Inc.’s Pat Vincent-Collawn and Sunrun Inc.’s Lynn Jurich.The daughter of Cuban political refugees, Williams became the nation’s first Latina CEO of a Fortune 500 company when she took over PG&E. Promoted to CEO in 2017, Williams is the first Latina chief executive of a Fortune 500 company, overseeing a $30 billion firm with 20,000 employees. “We believe John is the right interim leader for the company while we work to identify a new CEO.

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