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Old Posted Aug 12, 2015, 4:08 AM
kornbread kornbread is offline
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Join Date: Oct 2005
Location: Texas
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CPS Energy’s CEO to resign

Just an update to these earlier postings:

Quote:
Originally Posted by kornbread View Post
Yes, that's what the article said they would do; vote on it the following day. The board was very interested in retaining him. What wasn't known is if it would be unanimous given the current mayor's bid to win re-election. Would she make some sort of stand given that she threw rail under the bus? (Which is now left to the voter's to decide, essentially limiting it from happening.) She did not.

If I'm not mistaken, there might still be some public forum needed and Beneby would need to officially accept the offer. I had not heard that he had done that.

http://www.therivardreport.com/cps-e...y-a-big-raise/
CPS Energy Board Gives Beneby a Big Raise
and now the update...

http://www.mysanantonio.com/business...gn-6438934.php
By Vicki Vaughan Updated 9:49 pm, Tuesday, August 11, 2015
Quote:
Doyle Beneby, who steered CPS Energy through a tumultuous time since he joined the utility five years ago, will resign effective Sept. 30, he said Tuesday.
Beneby said he has accepted another offer, but he declined to say for the present what his new post will be.
Will he be involved in a big decision to move their headquarters before he resigns? He was championing a new tower, would his replacement carry that much weight as an incoming CEO?
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