PG&E’s CEO harvested a total pay package that topped $50 million in 2021 at a time when the besieged utility remains under scrutiny for a decade of disasters linked to deadly wildfires an…
PG&E’s top boss captured a total pay package in 2021 that topped $50 million at a time when the embattled utility remains under scrutiny for a decade of disasters linked to catastrophic wildfires and explosions.
By comparison, the average salary for chief executive officers of the companies that make up the S&P 500 Index was $15.5 million in 2020, according to a survey by Executive Paywatch, a union-crafted website. Marlene Santos, PG&E’s chief customer officer, harvested $7.5 million in total pay, a compensation package that included $5.1 million in stock awards.
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