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

[Clyde Doyal]

Paul, the PEC must maintain its reputation as a rich outfit that doesn't cut 
corners when it comes to fleecing member/owners.  You know what they say.  "You 
have to pay top money to executives if you want to compete  for the best talent 
out there, especially when you are trying to replace Bennie.  Maybe they should 
contact that city manager in Bell, California who just lost his job because some 
of the locals thought over 800 grand a year was too much for a small town where 
the average income is 25K.  Clyde Doyal




________________________________
From: Paul Langston <langston at zeecon.com>
To: PEC Watchdogs <Watchdogs at PEC4u.org>
Sent: Mon, July 26, 2010 4:08:55 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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