2006 Base Salary and Short-Term Incentive Plan Target Participation Schedule for PG&E Corporation Officers
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Summary
This document lists the 2006 base salaries and short-term incentive plan (STIP) target percentages for certain executive officers of PG&E Corporation and its subsidiaries. It specifies the annual salary and the percentage of salary eligible for incentive awards for each named officer, including the CEO, CFO, and other senior executives. The document also notes that each officer receives additional perquisites ranging from $20,000 to $35,000 for the year.
EX-10.24 8 ex10-24.htm SCHEDULE OF 2006 BASE SALARY AND SHORT-TERM INCENTIVE PLAN TARGET PARTICIPATION RATES FOR CERTAIN OFFICERS OF PG&E CORPORATION AND ITS SUBSIDIARIES Schedule of 2006 Base Salary and Short-Term Incentive Plan Target Participation Rates for certain officers of PG&E Corporation and its subsidiaries
Exhibit 10.24
Schedule of 2006 Officer Base Salary and Short-Term Incentive Plan Target Participation Rates
The 2006 base salaries and the 2006 STIP award targets (based on a percentage of base salary) for certain executive officers of PG&E Corporation and the Utility are as follows:
| Name and Title | 2006 Base Salary | 2006 STIP % Target |
| Peter A. Darbee, Chairman of the Boards, Chief Executive Officer and President, PG&E Corporation | $975,000 | 100% |
| Thomas B. King, President and Chief Executive Officer, Utility | $615,000 | 75% |
| Christopher P. Johns, Senior Vice President, Chief Financial Officer and Treasurer, PG&E Corporation and Utility | $494,000 | 55% |
| Bruce R. Worthington, Senior Vice President and General Counsel, PG&E Corporation | $489,250 | 55% |
| Rand L. Rosenberg, Senior Vice President, Corporate Strategy and Development, PG&E Corporation | $475,000 | 55% |
The 2006 perquisite amount for each officer ranges from $20,000 to $35,000.
