Tag: CEO Pay

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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