PG&E taps Jason Wells to be its next CFO

PG&E has named Jason P. Wells as senior vice president and chief financial officer.

The Pacific Gas and Electric Company is a utility that provides natural gas and electricity to most of the northern two-thirds of California.

Current CFO Kent Harvey announced he would retire from the company in the first half of 2016. Harvey has worked at PG&E for 33 years.

Wells will assume his new role on January 1, while Harvey will serve as senior vice president of finance for PG&E until his retirement.

"Jason is a proven leader in our organization," said Tony Earley, PG&E's president, CEO, and chairman. "He has an exceptional understanding not only of finance but also of the company and the industry."

"He has been instrumental in working with the senior leaders of this company to implement and lead our integrated planning process as well as other key enterprise-wide initiatives," Earley said. "His new role will allow him to continue to help position PG&E for a successful future."

Wells currently serves as the vice president of business finance, a role he's held since 2011. He joined PG&E in 2007 as a director of technical accounting, and was promoted to senior director of corporate accounting and assistant controller in 2008.

He started his career at PricewaterhouseCoopers, LLC, where he led audit teams for a variety of energy and utility clients.