CPS Energy Board Meeting to Retain CEO Beneby
http://www.therivardreport.com/cps-e...in-ceo-beneby/
Authored by: ROBERT RIVARD on 21 April, 2015 at 17:27
Quote:
http://cdn.therivardreport.com/wp-co..._trustees9.jpg
For the fourth time this year, the agenda for CPS Energy‘s monthly board meeting states that trustees will meet in closed executive session and then return to an open public meeting for “discussion and possible vote regarding CEO compensation.” For the last three meetings, however, trustees ended their meeting without public discussion or action regarding President and CEO Doyle Beneby’s compensation...
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Apparently the CEO of CPS is considering greener pastures. I'm betting that whether he stays or goes could impact CPS getting a new office.
If he goes, it will likely be from public pressure to not allow matching the salary offer. In that case the strongest advocate for a new building is gone, and the utility/successor may be more conservative with regards to certain spending.
Actually, I wouldn't be surprised to see the current mayor, who sits on the board, vote against the raise. She seems to be making a play for the conservative votes for the upcoming election and voting for a raise for a salaried public employee might not play well with that group.