SAN FRANCISCO, Nov. 4, 2003 — Pacific Gas and Electric Company announced the election of Thomas B. King, 41, as Senior Vice President and Chief of Utility Operations.
King will direct the utility’s operations for gas and electric transmission and distribution, customer service, customer revenue transactions, general services, internet services, business development, and rates and account services. In assuming his new title and responsibilities, King follows James K. Randolph, 59, who is retiring from Pacific Gas and Electric Company after more than 30 years of service.
“Tom King’s depth of executive management experience in the energy business makes him an exceptional new addition to the utility’s senior management team as we look forward to exiting Chapter 11 and continuing the company’s solid utility operations,” said Gordon R. Smith, President and Chief Executive Officer of Pacific Gas and Electric Company.
King joined PG&E Corporation in 1998 as President and Chief Operating Officer of PG&E Gas Transmission. In late 2002, he was chosen as President of PG&E National Energy Group as that unit prepared for its restructuring. Most recently, King has been Senior Vice President of PG&E Corporation, based in San Francisco.
Prior to joining PG&E Corporation, King held several senior executive positions at major firms in the wholesale natural gas industry, including Kinder Morgan Energy Partners, where he was President and Chief Operating Officer. King earned a bachelor’s degree in business administration from Louisiana State University and is a graduate of University of Michigan’s Executive Management Program.
Randolph, Senior Vice President and Chief of Utility Operations, joined Pacific Gas and Electric Company in 1970, became an officer in 1991 and assumed his current responsibilities in 1997. His officer posts included leading the Generation business unit and the Distribution and Customer Service business unit.
“During his career, Jim distinguished himself as a top contributor to the success of our utility operations and a valued colleague on our management team,” said Gordon Smith. “Over his three decades of rising responsibility within the company, Jim’s leadership has been a major part of Pacific Gas and Electric Company’s success in continuing to deliver solid operational results for our customers.”
PG&E Corporation Chairman, Chief Executive Officer and President Robert D. Glynn, Jr., said, “Throughout his career, Jim fostered the development of talented individuals and unselfishly encouraged them toward opportunities elsewhere in the company. In this, he is clearly ‘best-in-class.’ We thank him for his hard work and wish him well in his retirement.” Glynn added, “Tom King’s talents and experience make him ideally suited to take on this leadership role.”
King will assume his new responsibilities beginning November 1, 2003.