Edison Slashing Top Executive Bonuses After Deadly LA Fire (1)

Feb. 18, 2026, 10:43 PM UTC

Edison International is cutting top executive bonuses by 40% to reflect the impact of the devastating Los Angeles-area wildfire that killed 19 people and damaged or destroyed more than 10,000 structures.

The decision follows a hard season for Edison’s Southern California utility, which may be found responsible for the Eaton Fire that burned for almost four weeks in January 2025, wiping out entire neighborhoods. The company has acknowledged that it’s possible its equipment may have sparked the fire, and is facing lawsuits from hundreds of homeowners and businesses.

Edison International Chief Executive Officer Pedro Pizarro and the CEO and chief ...

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