Changes to the City’s climate plan were enough to win support of the utility’s board, which voted to approve a resolution in support on Monday.
CPS Energy leaders frequently travel around the nation, sometimes the world. SAWS leaders tend to spend most of their time in San Antonio, records show.
Mayor Ron Nirenberg called the CPS Energy and SAWS chiefs “exemplary leaders” but added that San Antonio needs to “take the political theater out of executive compensation.”
Southwest Research Institute President and CEO Adam Hamilton will lead the San Antonio Chamber of Commerce board on an interim basis.
Paula Gold-Williams, president and CEO of the municipally owned gas utility, released a statement Tuesday announcing she will no longer serve as the 2019 chair of San Antonio’s most prominent business organization.
Commentary: To make San Antonio more competitive to new companies we must show we have an educated workforce.
Commentary: Will CPS Energy shut its coal-fired plant and invest in renewables? If history is any guide, not without community resistance and help from our elected leaders.
At its July meeting on Tuesday, the SAWS board of trustees approved a 5 percent pay increase and $100,000 bonus for President and CEO Robert Puente. The increase takes Puente’s annual salary from $468,194 to $496,520.
Commentary: News that the CPS Energy CEO’s annual compensation neared $1 million drew a curious silence. But she wasn’t targeted by the city’s police and fire unions.
The raise comes as CPS Energy officials prepare to make a case for hiking rates in the face of declining revenues from selling power onto the state grid.