[Watchdogs] Fw: letters to the Editor, PEC exec. salaries
clydedoyal at sbcglobal.net
Tue Jul 27 18:21:05 CDT 2010
Paul, I'm sure the editorial board will tell us that the cost of living in
Johnson City, along with New York City, is higher than Austin therefore to get
top execs you have to offer more money. Even with this logic, the execs will
no doubt choose Austin to live in where the night life is certainly more
attractive. Clyde Doyal
From: Paul Langston <langston at zeecon.com>
To: PEC Watchdogs <Watchdogs at PEC4u.org>
Sent: Mon, July 26, 2010 2:08:55 AM
Subject: [Watchdogs] Fw: letters to the Editor, PEC exec. salaries
----- Original Message -----
From: Paul Langston
To: bochoa at wimberly-tx.com ; pgeorge at statesman.com ; Jodi ; thebeacon at nctv.com ;
bcnews at moment.net ; jcnews at moment.net ; newscopy at highlander.com
Cc: Paul Langston
Sent: Sunday, July 25, 2010 9:50 PM
Subject: letters to the Editor, PEC exec. salaries
Letter to the editor:
I see by the Austin American Statesman that Austin has hired a new boss for
Austin Electric. Mr. Larry Weis will start Sept. 25 and will earn $285,000 per
His predecessor,Roger Dunkin got $216,756.
Larry Weis was getting $277,188 in his prior job in California. The salary is
still less than that of the heads of many comparative utilities, city officials
What strikes me is that almost before Mr. Weis unpacks his bags, he is going to
find out that just a few miles down Highway 290, there is a Coop that really
pays, big time.
That country Coop , Pedernales Electric Coop, inc. is looking for a new General
Manager., right now.
The PEC General Manager, just departed was dragging down $466,380. PEC has an
Assistant General Manager who drew $309,119 for 2009. The Chief Financial
Officer made $297,946 in 2009. The Deputy General Manager took home $292,029
for 2009. All figures are from the 2009, PEC, form 990, IRS report.
For sure, Mr. Weis is going to see what a real Electrical Distributor pays its
help and he will ponder his salary of $285,000.
Pedernales Electric has sent out a team to look for a new General Manager. My
feeling is that PEC will just have to offer something like about $500,000-base,
to attract a new Manager.True, the new Manager can live in Austin and motor
down, daily to Johnson City. Like all of the PEC executives he will not be
expected to live in Johnson City.
Folks, salaries like these along with increasing legal expenses paid for the
defense of our past leaders will strain our budget. I expect another
increase in our monthly electrical rates before Christmas.
Sincerely, Hollis P. Langston 404 Westward Ho Horseshoe Bay, Tx
langston at zeecon. com
Editors, feel free to trim down length.
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