Leo P. Denault Joins PG&E Boards Bringing Leadership Experience and Energy Expertise

In a significant development for PG&E Corporation, the company has welcomed Leo P. Denault to its Boards of Directors, effective February 19, 2025. Denault, known for his former role as CEO and Chairman of Entergy Corporation, will bring a wealth of experience in the utility sector, where his leadership has previously shaped success. His tenure at Entergy spanned from 2013 to 2022, during which he transformed the company into a leader in clean energy, earning recognition for its progressive approach towards sustainability.

A Legacy of Transformative Leadership at Entergy

Denault’s achievements at Entergy include major investments in the reliability and resilience of the energy grid, all while maintaining the company’s financial health. His strategic focus not only streamlined operations but also established Entergy as one of the nation’s cleanest energy providers. Kerry Cooper, Chair of PG&E's Board, remarked on Denault’s invaluable experience that would help guide PG&E toward improved operational safety and financial performance to better serve its extensive customer base.

Before ascending to the role of CEO at Entergy, Denault held various positions within the company, including Executive Vice President and Chief Financial Officer. He began his illustrious career in the utility industry with Public Service Company of Indiana, where he spent nearly two decades rising to Vice President of Corporate Development. His extensive background positions him uniquely to contribute to PG&E's mission of delivering reliable energy to more than 16 million Californians across a vast service territory.

Enthusiasm for New Challenges

Expressing his excitement about joining PG&E, Denault stated, "I am honored and excited to support CEO Patti Poppe and her leadership team in their essential work to provide energy to more than 16 million Californians in ways that best meet customers' needs." His commitment to customer satisfaction underscores his focus as he embarks on this new chapter at PG&E.

Current endeavors for Denault also include serving on the board of Huntington Ingalls Industries, a prominent defense contractor, and acting as a Senior Advisor to ArcLight, a leading infrastructure investor focusing on power and utility sectors. Additionally, he is affiliated with Alpha Generation, a company managing crucial power infrastructures that respond to the rising demands for electrification.

Educational Background

Denault holds an MBA from Indiana University and a bachelor's degree in economics and accounting from Ball State University. His educational credentials, combined with his extensive industry experience, make him a formidable asset as PG&E navigates the evolving energy landscape.

PG&E Corporation: An Overview

PG&E Corporation, with its headquarters in Oakland, California, boasts a long-standing history as a major energy supplier. The company oversees the Pacific Gas and Electric Company, which serves a diverse customer base across 70,000 square miles in Northern and Central California. With Denault’s appointment, PG&E aims to enhance its performance while prioritizing operational improvements and customer satisfaction.

As PG&E embarks on a new phase with Denault's guidance, the hope is that his leadership will usher in a new era of efficiency and customer-oriented service within one of the nation’s most critical utility sectors. Denault’s extensive track record in transforming utility services will be pivotal as PG&E continues its efforts towards sustainable energy solutions in California.

This appointment represents a promise of enhanced strategic direction for PG&E Corporation, positioning it to better address the needs of its customers while reinforcing its commitment to sustainability and innovation in the utility field.