PG&E Corporation – Seeks Approval of (up to) $16.4mn KEIP for 12 Senior Executives that Has 65% Safety Metric Weighting

June 20, 2019 – The Debtors filed a motion to approve a key employee incentive plan (the “KEIP”) for twelve senior executives (the “KEIP Participants”) that would provide an aggregate award pool of between $5.4mn to $16.4mn [Docket No. 2664]. As with a related motion seeking approval of the terms of employment for new CEO…