PG&E Corporation announced that On March 14, 2023, Board of Directors appointed Carolyn J. Burke, 55, as Executive Vice President, Finance, effective immediately. The Board also appointed Ms. Burke as Executive Vice President and Chief Financial Officer of PG&E Corporation, effective as of the departure of Christopher A. Foster, which is scheduled to occur on May 4, 2023. Ms. Burke has been serving as a special advisor to PG&E Corporation since January 3, 2023.

For such work, she has earned $242,000. Ms. Burke previously served as Executive Vice President and Chief Financial Officer of Chevron Phillips Chemical Company LLC, a petrochemicals company, from February 2019 through September 2022. Ms. Burke previously served as Executive Vice President, Strategy, at Dynegy Inc., an independent power producer and retailer, from October 2016 until April 2018.

Ms. Burke also held various executive roles with increasing responsibility at Dynegy Inc. from August 2011 until October 2016, including as Executive Vice President of Business Operations and Systems, Chief Integration Officer and Chief Administration Officer. Prior to joining Dynegy Inc., Ms. Burke served as Global Controller for JP Morgan's Global Commodities business from 2008 to 2011. She was also NRG Energy Inc.'s Vice President & Corporate Controller from 2006 to 2008.

In addition, Ms. Burke serves as a director of Excelerate Energy, which provides liquefied natural gas services. She previously served as a director of TerraForm Power Inc., a globally diversified renewable energy company, from May 2018 to July 2020, and a director of Aqua America Inc. (now Essential Utilities Inc.), a holding company for regulated utilities providing water, wastewater, or natural gas services, from December 2015 to May 2019. On March 12, 2023, Christopher A. Foster, Executive Vice President and Chief Financial Officer of PG&E Corporation, informed PG&E Corporation that he is resigning from his positions effective May 4, 2023 to pursue another opportunity as Executive Vice President and Chief Financial Officer of CenterPoint Energy Inc.