CEO resigns as Calif. utility faces billions in liability

SAN FRANCISCO (AP) — The CEO of Pacific Gas and Electric is stepping down and a newspaper says employees could learn this week if the utility will declare insolvency while facing billions of dollars in liability over its role in recent California wildfires.
PG&E said in a statement Sunday that Geisha Williams has resigned.
The San Francisco Chronicle reports Sunday that under a new state law, PG&E must tell its employees at least 15 days before a change of control in the company &m