[Watchdogs] Fw: letters to the Editor, PEC exec. salaries

[Clyde Doyal]

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 
year.
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 
said.
 
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  
                                                       830-598-1322      
langston at zeecon. com
 
 
Editors, feel free to trim down length.
 
 
________________________________

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