STOCK TITAN

PG&E Appoints Industry Expert Wade Smith to Lead Electric Operations

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management
Rhea-AI Summary

Pacific Gas and Electric Company (PG&E) appointed Wade Smith as Senior Vice President, Electric Operations, effective May 3, 2021. Smith, who has over 30 years of experience in the energy sector, previously held senior roles at American Electric Power (AEP), overseeing a $20 billion transmission capital investment program. His responsibilities at PG&E will include managing electric transmission, distribution operations, and emergency preparedness. The company continues to strengthen its leadership with experienced professionals to enhance operational excellence and service reliability for its customers.

Positive
  • Wade Smith brings over 30 years of experience in the energy sector, including leadership roles at AEP.
  • Smith executed AEP's $20 billion transmission capital investment program, highlighting his capability in managing extensive projects.
  • The addition of proven leaders is expected to enhance operational excellence at PG&E.
Negative
  • None.

Pacific Gas and Electric Company (PG&E) today announced the appointment of Wade Smith as Senior Vice President, Electric Operations. Mr. Smith begins on May 3, 2021 and will report to Adam Wright, PG&E’s Executive Vice President, Operations and Chief Operating Officer, who joined the company earlier this year.

Wade Smith, Senior Vice President, Electric Operations, Pacific Gas and Electric Company (Photo: Business Wire)

Wade Smith, Senior Vice President, Electric Operations, Pacific Gas and Electric Company (Photo: Business Wire)

“Wade brings the ideal skillset and background to help us deliver safe and reliable energy for our customers and hometowns. He is a proven leader with extensive electric operations expertise and industry knowledge. On top of that, he brings a big heart and a strong passion for people. I am confident Wade will hit the ground running and advance our efforts to become a better and safer energy company,” said Mr. Wright.

Mr. Smith will be responsible for PG&E’s electric transmission and distribution operations and maintenance, as well as emergency preparedness and response efforts. While his primary focus will be on executing the work needed to serve customers and maintain PG&E’s electric grid on a day-to-day basis, Mr. Smith will also work in close coordination with PG&E’s new Wildfire Risk Organization, set up to ensure all wildfire mitigation work is executed consistently and effectively.

PG&E has made several key additions to its leadership team this year, bringing in proven leaders with significant energy, transformation, operations and safety experience.

“I am honored to join PG&E at such an important time for the company. I’ve spent the past three decades in the energy industry, and I wholeheartedly believe in the power of operational excellence to fundamentally strengthen a company for the long term. I’m looking forward to bringing my experience to PG&E and locking arms with the rest of the PG&E team to deliver results for our customers and the communities we serve,” said Mr. Smith.

Mr. Smith has over 30 years of comprehensive operations and financial management experience in the utility industry. He spent the past three decades at American Electric Power (AEP), serving in various leadership roles. AEP is one of the largest utilities in the U.S., serving over 5 million customers across 11 states.

Most recently, Mr. Smith was Senior Vice President, Grid Development, overseeing transmission planning, engineering, project management, construction and system operations teams. In this role, Mr. Smith executed AEP’s $20 billion transmission capital investment program and led efforts to improve reliability and increase operational efficiency in overseeing a 40,000-mile transmission system. He also brings experience in asset management and effective work prioritization, including managing R&D programs focused on new technologies and developing safe, reliable and compliant policies and procedures.

Previously, Mr. Smith served as President and Chief Operating Officer for AEP Texas; Vice President, Transmission Engineering and Project Services for AEP Service Corporation; and Director, Gas Turbine and Joint Venture Operations for AEP Service Corporation; among other operations and engineering roles at the company.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is 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 pge.com and pge.com/news.

FAQ

Who is Wade Smith and what is his role at PG&E?

Wade Smith is the newly appointed Senior Vice President, Electric Operations at PG&E, effective May 3, 2021.

What experience does Wade Smith bring to PG&E?

Wade Smith has over 30 years of experience in the energy sector and previously held senior positions at American Electric Power, overseeing significant operational and investment initiatives.

What are Wade Smith's responsibilities at PG&E?

Smith will oversee electric transmission, distribution operations, maintenance, and emergency preparedness at PG&E.

How does Wade Smith's appointment impact PG&E's efforts in wildfire mitigation?

Wade Smith will work closely with PG&E's new Wildfire Risk Organization to ensure effective execution of wildfire mitigation strategies.

PG&E Corporation

NYSE:PCG

PCG Rankings

PCG Latest News

PCG Stock Data

43.50B
2.59B
2.67%
76.57%
1.27%
Utilities - Regulated Electric
Electric & Other Services Combined
Link
United States of America
OAKLAND