EDERNALES ELECTRIC CO-OP New co-op president has many ties to past R.B. Felps center of renewed co-op controversy By Claudia Grisales AMERICAN-STATESMAN STAFF Sunday, July 27, 2008 Amid all the talk of what Pedernales Electric Cooperative has become, Robert B. Felps is a reminder of what it once was. The 71-year-old newly elected co-op president [...]
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Compiled from staff reports Saturday, July 26, 2008 PEDERNALES CO-OP Advisory director leaves board Johnson City-based Pedernales Electric Cooperative is losing another director. Stuart Nunnally resigned Friday, becoming the eighth director from the 17-member board to step down this year. Nunnally joined the board in 1998 as one of 10 advisory directors. The other seven [...]
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By Bobbi Gage Highland Lakes Newspapers Friday, July 25, 2008 Despite the Pedernales Electric Cooperative board of directors approving more than a 40 percent decrease in directors’ pay, State Sen. Troy Fraser believes the cut is not enough. “I stated (last week) that it was unacceptable for the PEC directors to continue receiving compensation of [...]
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An Open Letter to the Directors on the Board of the Pedernales Electric Cooperative Dear Members of the Board of Directors: Given the wealth of public information about excessive spending by the directors of our Cooperative, spending that occurred while he served as secretary and treasurer, and given the wide range of information that you [...]
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EDITORIAL Reform is bitter pill for PEC’s old guard Veteran Pedernales Electric Cooperative board members reluctantly agree to pay cuts but hang onto Medicare coverage. A potential conflict of interest remains for two long-standing board members. Wednesday, July 23, 2008 Even when it does the right thing, the old guard on the board of Pedernales [...]
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7/18/2008 Fraser: PEC pay level “unacceptable” By Bobbi Gage Highland Lakes Newspapers State Sen. Troy Fraser believes the compensation study being done by Pedernales Electric Cooperative is “bogus.” The Compensation Committee, led by former Advisory Director-at-large board member Libby Linebarger, has recommended leaving the per-meeting fee at $750 and leaving the fixed monthly fee at [...]
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EDITORIAL Pedernales co-op board blows it – again Pedernales co-op board elects old guard president, passing up chance for newly elected directors to reflect membership’s will Wednesday, July 16, 2008 Members of Pedernales Electric Cooperative Inc., based in Johnson City, elected three new, reform-minded voting members to its board last month, but four of the [...]
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State senator questions slow pace of reforms at electric cooperative. By <http://www.statesman.com/news/content/news/stories/local/07/15/mailto:cgrisales@statesman.com>Claudia Grisales AMERICAN-STATESMAN STAFF Tuesday, July 15, 2008 JOHNSON CITY — Pedernales Electric Cooperative directors Monday elected a member of the co-op’s old regime as board president. Cattle rancher and business owner R.B. Felps will lead the board of the $1 billion co-op, which [...]
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PEDERNALES ELECTRIC CO-OP Co-op lawsuit appeals move forward Two appeals, two different takes. By Claudia Grisales AMERICAN-STATESMAN STAFF Thursday, July 10, 2008 Two Pedernales Electric Cooperative members are taking very different approaches in their attempts to halt a class-action settlement in a contentious member lawsuit against the co-op. In one corner, a hired Corpus Christi [...]
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