BOARD OF DIRECTORS PETER A. DARBEE
Photograph, Peter A. Darbee

Peter A. Darbee
Chairman of the Board, Chief Executive Officer and President
PG&E Corporation

Peter A. Darbee is Chairman of the Board, Chief Executive Officer and President of PG&E Corporation. Since becoming CEO in 2005, Darbee has spearheaded major new initiatives to establish PG&E as an industry front-runner in customer satisfaction, operational excellence and environmental leadership.

With a record of success in both competitive and regulated businesses, Darbee joined PG&E Corporation in 1999 as Senior Vice President and Chief Financial Officer. In that capacity, he led the design and execution of PG&E’s landmark financial reorganization following the California energy crisis. The effort proved to be one of the most successful corporate restructuring efforts ever completed, allowing PG&E to achieve investment grade credit ratings immediately upon its exit from Chapter 11.

Before joining PG&E, Darbee was Vice President and Chief Financial Officer of Advanced Fibre Communications, Inc. Prior to that, he was CFO and Controller at Pacific Bell. Earlier, as an investment banker with Goldman Sachs, he was Vice President and co-head of the company’s energy and telecommunications group. He also held positions at Salomon Brothers and AT&T.

Darbee earned his bachelor’s degree in economics from Dartmouth College and an M.B.A. from the Amos Tuck School of Business at Dartmouth. He has also successfully completed the Nuclear Reactor Technology Program at the Massachusetts Institute of Technology.

Darbee is a member of the Boards of Directors of PG&E Corporation and Pacific Gas and Electric Company. He is a member of the Edison Electric Institute Executive Committee, serves as Chairman of the CEO Policy Committee on Public and Governmental Affairs and is a member of the CEO board of the Clean Energy Group. In these roles, he has become one of the industry’s most active leaders on the issues of climate change, energy efficiency, renewable energy, the “smart grid” and other aspects of energy and environmental policy.

In addition to his current responsibilities at PG&E Corporation, he also served as Pacific Gas and Electric Company’s CEO and President from September 2008 through July 2009.

Darbee also is active in numerous civic and community organizations at the national and state levels, including The Business Council, the California Business Roundtable, the California Commission for Jobs and Economic Growth, the San Francisco Committee on JOBS, and the San Francisco Symphony Board of Governors.

Based in San Francisco, PG&E Corporation is the parent company to Pacific Gas and Electric Company, which serves 15 million people throughout a 70,000- square-mile service area in Northern and Central California.


 

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