Despite its threatened bankruptcy, Pacific Gas and Electric Company’s board of directors just gave a top gas executive a hefty pay raise, according to federal regulatory records, even though that executive was recently called in to account for allegations the company filed thousands of false records.
Jesus Soto, who was hired two years after the 2010 San Bruno gas line disaster, will have his $500,000 dollar salary increased to $575,000 under action taken Friday by the company’s board of directors. Soto serves as senior vice president over gas operations.
The move to bolster his salary comes amid turmoil at the company, which already defaulted on some of the settlements it has reached with past fire victims.
Read More (NBC Bay Area)