CEO of ERCOT makes $800,000 per year

2,652 Views | 18 Replies | Last: 5 yr ago by DallasAg 94
45-70Ag
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I'm all for paying people what they're worth but not sure this position should pay someone this amount.

Maybe the ceo should make that and I'm out of my mind
The Dirty Sock
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Is that good for a CEO of a major organization like that? I expected more.
45-70Ag
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Do CEO's of nonprofits normally make $800,000
DallasAg 94
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ClassicAg18
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In my opinion that's a low salary for a CEO when you compare to other ceos at other companies. Take for example oil and gas companies. Some of those guys make millions of dollars per year and I'm talking like easily over 10 million per year.

Edit: Not sure how much nonprofit ceos make per year
Swan Song
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If that data is from a 990, they lump a whole lot of things in that number. Benefits, retirements, other perks.
DallasAg 94
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homebuildingag
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Bet his house hasn't lost a second of power too...
Muy
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So, less than most TexAgs posters?
Schrute Farms
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45-70Ag said:

Do CEO's of nonprofits normally make $800,000


Yes. A good ED/CEO is worth the price tag in large nonprofits.

ERCOT is not the same class of nonprofit as a food pantry. It's a 501(c)(4) - a unique class - that acknowledges it exists to deliver a public good, but can also lobby politicians (taxable expense), hide donors, and contributions do not count as write offs.

It's pretty much a business without the direct goal of making money.

*edit* did not mean to blue star. That's a fat finger.
Ellis Wyatt
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$80,000 is obviously too much for someone completely incompetent. This person's head should roll.
Swan Song
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ntxVol
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I am more curious to know whether his home has power.
fixer
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For $800k per year, there has to be way more accountability than what we are seeing.

I admit ignorance on the interconnections here...but how is Abbott only able to recommend a resignation?

45-70Ag
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I get being the ceo of ERCOT is a bureaucrat position and requires little to no experience in this field, you're just a politician.

But, fire him. At this point, I'm all about seeing people fired with the damage that is coming when things thaw...........it'll be the largest natural disaster in this states history someone said on wfaa.
Kozmozag
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Ercot should actually be sercot. They are all about sustainability.
nortex97
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This one won't for long.
Burrus86
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Gold Star ntxVol said:

I am more curious to know whether his home has power.

Making $800,000 a year, I bet he can afford a whole home generator.
The_Fox
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Burrus86 said:

Gold Star ntxVol said:

I am more curious to know whether his home has power.

Making $800,000 a year, I bet he can afford a whole home generator.
Correct. I can't imagine anyone making more than $250K that doesn't already have one and a well for that matter.
DallasAg 94
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