Continuing to Shape Its Leadership Team for the Future, PG&E Names Chris Foster as Chief Financial Officer
March 24 2021 - 9:08AM
Business Wire
Mr. Foster Served as Interim CFO, Has Played
Key Role in Helping Company Achieve Financial Stability
PG&E Corporation (NYSE: PCG) today announced the appointment
of Chris Foster as Executive Vice President and Chief Financial
Officer. Mr. Foster served as Vice President and Interim CFO for
PG&E Corporation since September 2020 and has held various
leadership roles at PG&E Corporation and its subsidiary Pacific
Gas and Electric Company since 2011.
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Chris Foster, Executive Vice President
and Chief Financial Officer, PG&E Corporation (Photo: Business
Wire)
As CFO, Mr. Foster will oversee the audit, accounting, financial
planning, investor relations, treasury and tax teams. Mr. Foster
previously served as Vice President, Treasury and Investor
Relations, as well as Director, Integrated Grid Planning and
Innovation. In that role, he led efforts to advance R&D
projects related to grid modernization and distributed energy
resources, such as battery storage and electric vehicles.
Previously, Mr. Foster served as Chief of Staff for PG&E
Corporation’s Chairman, CEO and President, after joining the
company in Washington, D.C., on the Federal Affairs team. His
appointment was effective March 20.
“Chris knows PG&E inside and out and has demonstrated his
invaluable expertise and guidance these past six months serving as
interim CFO. He played an instrumental role in bringing us out of
Chapter 11 as a stronger company positioned to achieve and maintain
financial stability. I have the utmost trust in his ability to
continue what he has started and to accelerate our efforts as we
implement our business strategy going forward,” said PG&E
Corporation Chief Executive Officer Patti Poppe.
“PG&E understands that a financially healthy energy company
is essential to the success and prosperity of the communities we
serve. We are focused on making the right investments and
consistently delivering the performance that improves the triple
bottom line of people, the planet, and California’s prosperity. I
look forward to the progress we will continue to make together,”
Mr. Foster said.
About PG&E Corporation
PG&E Corporation (NYSE: PCG) is the parent company of
Pacific Gas and Electric Company, a combined natural gas and
electric utility serving more than 16 million people across 70,000
square miles in Northern and Central California. For more
information, visit www.pgecorp.com.
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