On January 11, 2017, PG&E Corporation and Pacific Gas and Electric Company, a subsidiary of PG&E Corporation, announced a new, streamlined management structure and a series of efficiency measures. As a result of the new management structure, Hyun Park, Senior Vice President and General Counsel of PG&E Corporation, will step down from his position effective March 1, 2017. Mr. Park is expected to remain with PG&E Corporation to assist in the transition of his duties until September 1, 2017.