Proxy voting and Nominating Committee abolished. Ballots will be mailed and online voting established, with a 3rd party counting the votes. See articles on the In The Media page. The general impression brought back by Watchdogs members who attended was that the board was “evasive”, “scattered”, and that “They all certainly looked quite glum to [...]
Board President Burnett resigns effective immediately.
January 16, 2008
The Board of Directors
Pedernales Electric Cooperative
Dear Sirs and Madams:
We are members who have for some time called on the PEC Board and management to adopt reforms in a number of areas of policy and practice. Corporate governance, interaction between members and the co-op, nomination and election of [...]
Blanco County prosecutor to begin Pedernales investigation, PEC4U delivers letter requesting resignations of entire Board.
Austin Energy head Juan Garza hired as new PEC General Manager, starting Feb 8. Generally regarded as a good choice (though behind closed doors and for too much money).
PEC bigwigs live large on ‘carte blanche’ expense accounts. Anyone for high dollar Celine Dion tickets or 6-week paid “sabbatical” in New England, including expenses? The [...]