Schedule of 2006 Officer Base Salary and Short-Term Incentive Plan Target Participation Rates

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.