PG&E Announces Tom King As Corporation President, Bill Morrow As Utility President And Ceo


New Heads of Public Affairs and Corporate Relations Also Named

(San Francisco) – The board of directors of PG&E Corporation today elected Thomas B. King as president of PG&E Corporation, effective July 1, 2007. King is currently chief executive officer of the Corporation’s utility unit, Pacific Gas and Electric Company. He will assume the role of president from Peter A. Darbee, who will continue to lead the Corporation as chief executive officer and the chairman of the boards of directors.

In his new role, King will be responsible for overseeing the Corporation’s existing utility business as well as strategic growth opportunities. He will continue to report to Darbee.

Succeeding King as chief executive officer of Pacific Gas and Electric Company will be William T. Morrow, who is currently the utility’s president and chief operating officer. Morrow will lead and manage all of the utility’s operations, including electric generation, which King currently oversees. Morrow will continue to report to King.

“These changes are designed to optimize our leadership structure as we prepare to take the company to the next level in pursuit of our vision to be the nation’s leading utility,” said Darbee. “It reflects PG&E’s commitment to deploying our best talent where it can have the greatest impact for shareholders and customers.”

The board of directors also announced additional officer elections, effective March 1, 2007.

Nancy E. McFadden was named senior vice president, public affairs for PG&E Corporation. McFadden has been Pacific Gas and Electric Company’s vice president of governmental relations since September 2005. In her new role, she will oversee all federal and state governmental relations and community relations for the company. McFadden will report to Peter Darbee.

Greg S. Pruett was named vice president, corporate relations for PG&E Corporation. Pruett will have primary responsibility for leading and managing communications and activities relating to the company’s identity. He comes to PG&E from the American Gas Association in Washington, D.C., where he is currently vice president of communications and marketing. Pruett has nearly 27 years of experience and expertise in communications and public affairs, including senior leadership positions at Bechtel and PG&E. He will report to Peter Darbee.


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