Cathy Yanni Appointed as Administrator of Wildfire Assistance Program for 2017 and 2018 Fires
10 Juni 2019 - 8:48PM
Business Wire
Today, those displaced by the 2017 Northern California wildfires
and 2018 Camp Fire are one step closer to receiving aid for
alternative living expenses and other urgent needs through a
bankruptcy court-approved, independently-administered Wildfire
Assistance Program. The court approved the appointment of Cathy
Yanni as administrator of the $105 million fund that PG&E
advocated to establish and received court approval for last month.
PG&E is seeking to make the funds available to the
administrator for distribution to wildfire victims as soon as
possible.
As administrator, Yanni will be responsible for developing the
specific eligibility requirements and application procedures for
the distribution of the Wildfire Assistance Fund to eligible
recipients. She will be responsible for ensuring funds are
distributed in a fair and equitable manner, and assistance is
prioritized to those victims who are most in need, including those
who are currently without shelter. When establishing eligibility
requirements, reviewing applications, and making distributions from
the fund, Yanni may engage qualified professionals to assist with
the administration of the Wildfire Assistance Program, and may also
partner with local housing agencies and community
organizations.
“At its very first meeting, the new board of directors focused
on how we could help those impacted by these devastating wildfires
as quickly as possible. This fund is an important step toward that
goal. With the appointment of Cathy Yanni as administrator of the
Wildfire Assistance Program, those who have lost so much can
continue to recover and rebuild while meeting their immediate
needs. We feel strongly that helping these communities and
individuals in their time of need is the right thing to do,” said
CEO and President of PG&E Corporation Bill Johnson.
Yanni is a full-time specialist in Alternative Dispute
Resolution. Since joining JAMS in 1998, she has settled thousands
of cases. She mediated hundreds of claims arising from the October
2007 San Diego wildfires. Yanni’s appointment was agreed to by
PG&E and the Official Committees that are party to the Chapter
11 proceeding.
About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E
Corporation (NYSE:PCG), is one of the largest combined natural gas
and electric energy companies in the United States. Based in San
Francisco, with more than 24,000 employees, the company delivers
some of the nation’s cleanest energy to nearly 16 million people in
Northern and Central California. For more information, visit
www.pge.com/ and pge.com/news.
Cautionary Statement Concerning Forward-Looking
Statements
This news release includes forward-looking
statements that are not historical facts, including statements
about the beliefs, expectations, estimates, future plans and
strategies of PG&E Corporation and Pacific Gas and Electric
Company. These statements are based on current expectations and
assumptions, which management believes are reasonable, and on
information currently available to management, but are necessarily
subject to various risks and uncertainties. In addition to the risk
that these assumptions prove to be inaccurate, factors that could
cause actual results to differ materially from those contemplated
by the forward-looking statements include the factors disclosed in
PG&E Corporation and Pacific Gas and Electric Company’s annual
report on Form 10-K for the year ended December 31, 2018, their
most recent quarterly report on Form 10-Q for the quarter ended
March 31, 2019, and their subsequent reports filed with the
Securities and Exchange Commission. Additional factors include, but
are not limited to, those associated with PG&E Corporation’s
and Pacific Gas and Electric Company’s Chapter 11 cases. PG&E
Corporation and Pacific Gas and Electric Company undertake no
obligation to publicly update or revise any forward-looking
statements, whether due to new information, future events or
otherwise, except to the extent required by law.
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