This comes amid rumors that the power company could soon file for bankruptcy.
RELATED: PG&E reportedly exploring selling gas assets to cover possible wildfire payouts if found guilty
In the meantime, John Simon will serve as Interim Chief Executive Officer.
Simon has been with the company since 2007, and served as the Executive Vice President and General Counsel since 2017.
RELATED: Angry protest held over PG&E wildfire plans
PG&E has been under scrutiny, and blamed by some, for the deadliest wildfire season in modern California history.
Read more articles about PG&E here.
PG&E facing possibility of bankruptcy; what that means for you