Geisha J. Jimenez
1961/1962 (age 58–59)
|Alma mater||University of Miami|
Nova Southeastern University
|Title||Former CEO, Pacific Gas and Electric Company|
|Term||March 2017 - January 2019|
Geisha J. Williams (born Jimenez, c. 1961/1962) is a Cuban American businesswoman. She was the president and CEO of the Pacific Gas and Electric Company (PG&E) from March 2017 to January 13, 2019.
Williams was born Geisha J. Jimenez in Cuba. At the age of five, Geisha migrated to the US with her parents, after her father, a political prisoner, was released from prison. Her father worked various jobs to provide for his family and went on to own their own grocery store.
After university, Williams worked for Florida Power & Light (FPL), starting as a residential energy auditor. Williams joined PG&E in 2007. In March 2017, she became the first Latina CEO of a Fortune 500 company.
She is a director at the Edison Electric Institute the Institute of Nuclear Power Operations and the Association of Edison Illuminating Companies, and is the board chair for the Center for Energy Workforce Development.
In January 2019 Williams left PG&E as the company struggled to deal with legal and financial repercussions associated with a series of devastating California wildfires, which occurred in 2017 and 2018. Despite losing more than $6 billion, Williams received a pay raise of 8.12% in 2018. PG&E filed for bankruptcy immediately after Williams' departure.
Williams is criticized for a $10mm+ pay packaging including $2.6mm in severance pay when she left PG&E as the company prepared to enter bankruptcy. The Los Angeles Times reported that, "Williams’ compensation encompassed numerous perks, including a car and driver, a $51,000 security system for her home, health club and “executive health” services worth $5,453 and financial services subsidized to the tune of $7,980."
- "Geisha J. Williams: Executive Profile & Biography". Bloomberg. Retrieved May 5, 2017.
- Morris, J.D. (January 14, 2019). "PG&E CEO Geisha Williams out amid utility's widening financial crisis - SFChronicle.com". San Francisco Chronicle. Retrieved January 14, 2019.
- Markelz, Michelle (June 16, 2013). "Geisha Williams: Providing Power to the People – Hispanic Executive". Hispanicexecutive.com. Retrieved May 5, 2017.
- "PG&E's Bolt of Energy". fortune.com. Retrieved February 28, 2018.
- "PG&E Company - Geisha J. Williams". Pgecorp.com. November 29, 2011. Retrieved May 5, 2017.
- Draznin, Haley. "A former refugee, she's now the first Latina CEO of a major US company". CNNMoney. Retrieved January 1, 2019.
- "PG&E Chief Executive Geisha Williams leaves as utility readies for possible bankruptcy". LATimes. Retrieved January 23, 2019.
- https://www.latimes.com/business/hiltzik/la-fi-hiltzik-pge-ceo-raise-20190429-story.html. Missing or empty
- Brekke, Dan (March 28, 2019). "Governor Blasts PG&E, Says Utility Is Focused on 'Quick Profits' Over Safety". KQED. Archived from the original on March 29, 2019. Retrieved March 29, 2019.
- "New PG&E CEO to rake in a salary more than double that of Geisha Williams, his predecessor"; Hannah Norman; San Francisco Business Times; Apr. 16, 2019.
- https://bipartisanpolicy.org/person/geisha-williams/. Missing or empty
- https://www.calacademy.org/leadership. Missing or empty