PG&E seeks higher rates, drops board member in bid for Wall Street’s favor - SFChronicle.com

PG&E seeks higher rates, drops board member in bid for Wall Street’s favor - SFChronicle.com: PG&E has appointed Fred Buckman to its board of directors, after longtime member Richard Kelly stepped down unexpectedly. Separately, the utility is seeking higher rates based on an increased return for investors.