SAN FRANCISCO (CBS/AP) – Two top Pacific Gas & Electric Co. executives are resigning—one with a sizeable bonus—as the California utility reorganizes following the deadly explosion on one of its high-pressure gas lines in San Bruno.

The utility’s president announced this week that John S. Keenan, the chief operating officer, and Edward Salas, senior vice president of engineering and operations, were leaving the company.

A document filed Wednesday with the U.S. Securities and Exchange Commission shows Keenan will step down at the end of the month with more than $3.2 million in severance payments.

Photo Gallery: San Bruno Pipeline Explosion

The September blast in San Bruno left eight dead, dozens injured and 55 homes uninhabitable.

Now, seven months later, the company plans to divide its gas and electricity divisions into separate units.

(Copyright 2011 by CBS San Francisco. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services may have contributed to this report.)

Comments (2)
  1. Bloodhounds says:

    3.2 million in severance pay and they really haven’t helped those poor people in San Bruno? My God! Life sure isn’t fair!

  2. Chris Seides says:

    Gas and Electric reorganized, what about nuclear? Should the company that brought us the San Bruno explosion even be allowed to continue to be ‘responsible’ for a nuclear power plant? PGE needs to be taken over by someone who takes power generation seriously.

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