There is no industry standard for CEO compensation as each co-op sets its own amounts, according to the Georgia EMC trade group that includes the 42 co-ops. Your access to this service has been limited. The Marietta-based EMC provided the information to the media Monday, two days before they are supposed to review the data with a Cobb County judge.
The first of three rounds of elections for the 10-member board is Nov. 12. You will then receive an email that helps you regain access. He was hired as a consultant and paid $295,167 for the five months from March 1 to July 26. Brown is due back in court on the criminal case next month. “Almost $10 million is an incredible amount of money and we’re talking a non-profit co-op, not a Fortune 500 Company.
Mock served on the boards of the Henry County Chamber of Commerce and Go Energy Financial Credit Union.
North Georgia EMC is an equal opportunity provider and employer.
Brown, who led the EMC since 1993 and is currently indicted on multiple charges associated with the suit, retired in February after 31 years of employment at the EMC. Student walks 20 miles to new job – so CEO gifts him a car. Web Site www.ngemc.com . CEO compensation information from comparably sized Georgia co-ops, Jackson EMC and Sawnee EMC, was unavailable by press time. Thomas is retiring after a 33-year career with Snapping Shoals.
VP Operations & Engineering at North Georgia EMC. North Georgia EMC. Instead of overseeing their prices and spending, the state Public Service Commission has limited authority over territorial issues and financing applications.
The compensation disclosures are part of ongoing fallout from the 2007 lawsuit alleging that Brown and other high-ranking executives improperly profited from establishing a subsidiary for-profit business, Cobb Energy. Thomas has served as planning engineer, distribution engineer, system engineer, manager of engineering, vice president of engineering and senior vice president of Engineering and Operations. District Offices Fort Oglethorpe, GA (706) 866-2231 Calhoun, GA (706) 629-3160 Trion, GA (706) 734-7341.
Headquarters P.O. “I think this coming out now will be incredibly difficult for the board to explain to the members why they should be re-elected,” said Tripper Sharp, one of the original suing plaintiffs. North Georgia EMC Dalton, GA 2 weeks ago 37 applicants. Thomas said, "I know firsthand and from working alongside Shaun for nearly 12 years that he is well positioned to assume this leadership role guiding the cooperative for many years to come. Apply on company website. If you are a WordPress user with administrative privileges on this site, please enter your email address in the box below and click "Send".
LETTER: State Bar of Georgia congratulates Judge McCamy. "I am honored to be named the next president/CEO of Snapping Shoals EMC," Mock said in a news release. Some of the accrued vacation and annuity and retirement payments are based on Brown's 31 years of employment at the company.
When reached by phone Monday night, Pounds had just heard a few of the compensation details. The EMC also fully funded the premium for a $500,000 whole life insurance policy with death benefits designated for Brown's heirs or estate. Company spokesman Sam Kelly said he was unsure of the current figure when asked Monday.
Cobb EMC is one of 42 electric membership corporations in Georgia. New CEO Chip Nelson plans to unveil some new transparency initiatives later this week.
As a member-owned cooperative, Cobb EMC isn't required to give detailed information to anyone, not even regulators, lawmakers, the federal agency that helped create it, or its own customer-owners. Mock began his Snapping Shoals career in 2009 as the vice president of finance and administration.
The total compensation -- including almost $4.5 million in Cobb Energy payments paid out after the settlement agreement in December 2008 and $3.7 million in payouts from employee-contributed retirement and annuity plans -- is about $9.8 million.
"Shaun has been an integral part of the SSEMC executive team during my 10-year tenure as CEO and is highly respected by the employees, the board and his EMC peers.
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