Posts for 'CEO Pay'

Seattle City Light CEO Confirmation Q&A – Part 1

February 16th, 2016

On February 4, 2016, Larry Weis, the Mayor’s nominee for Seattle City Light General Manager and Chief Executive Officer, appeared before the Energy and Environment Committee for the first of several meetings regarding his nomination. Councilmembers asked him a series of questions. We discussed several areas of concern to Seattle, including climate change, executive pay, and […]

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Public accountability hearing with Seattle City Light CEO

July 21st, 2014

What: Public accountability hearing with Seattle City Light CEO Jorge Carrasco When: Wednesday, July 23rd at 9:30am during the Energy Committee Where: Seattle City Hall Council Chambers, 600 Fourth Ave, Seattle WA 98104 This Wednesday’s Energy Committee meeting will be dedicated to a public accountability hearing with Seattle City Light CEO Jorge Carrasco, in light […]

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Mayor Reverses Decision on City Light CEO Raise

July 2nd, 2014

In the face of increasing controversy and public outrage, Mayor Murray has decided not to give Jorge Carrasco a raise “at this time.” This striking reversal is the outcome of strong public pressure on the City’s political establishment and a sign of the disgust working people feel about executive excess. The lowest paid workers in […]

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Closing Remarks before CEO Pay Vote

June 17th, 2014

I think it should be first of all noted that Councilmember Licata’s points [regarding widespread dissatisfaction at City Light] are very welcome, and I’m glad that the public has some access to the results of this survey. And I think at the very least, that information raises some valid questions about this so-called great performance by […]

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Remarks in Response to Rasmussen’s Amendment on CEO Pay Vote

June 17th, 2014

Transcript of Speech as Delivered Councilmember Rasmussen’s amendment speaks to the track record of a CEO, and its correlation to pay increase, with the idea that if Mr. Carrasco’s record and accomplishments are great, then that justifies giving him up to $120,000 more, above the $245,000 he already makes. It is correct that pay should […]

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Committee and Full Council CEO Pay Votes

June 17th, 2014

There has been an outpouring of anger over the Seattle City Council’s decision to vote in favor of a $100,000 pay hike for the already highest paid City-employed executive. This would have passed quietly and smoothly if we did not have a voice on the council representing working people. Fortunately, as a socialist representative, I […]

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Opinion on Split Vote on Pay Hike for Highest-Paid City-Employed Executive

June 12th, 2014

On Wednesday, June 4th, the Seattle City Council’s Education and Governance Committee voted to grant the highest paid City-employed executive, Jorge Carrasco, additional pay of up to $100,000, retroactive to January 1st. Mr. Carrasco is the General Manager and Chief Executive Officer of Seattle City Light, a publicly-owned utility. He is currently paid $245,000 annually. […]

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