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City Council to reconsider utilities’ CEO compensation

City Council to reconsider utilities’ CEO compensation

After initial discussions in February, the Colorado Springs City Council will consider a revised proposal for a reduced pay adjustment phased in over three years for Colorado Springs Utilities CEO Jerry Forte. A decision will be made at the April 8 Council meeting. A raise would eliminate the CEO’s performance incentive and increase the base… Continue Reading City Council to reconsider utilities’ CEO compensation

Analysis: City may pay for not paying Forte

It’s never easy for elected officials in Colorado Springs to give employees a raise, especially when the employees in question are senior executives. That’s particularly true in today’s local economic environment, where unemployment remains high, underemployment is common, and many residents find themselves with depleted savings and diminished paychecks. City Council refused by a 5-4… Continue Reading Analysis: City may pay for not paying Forte

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E-mails from City Councilor Tim Leigh about Colorado Springs Utilities have drawn a response from Utilities CEO Jerry Forte – but that response might have fallen on deaf ears. Leigh routinely regularly sends out his “Market Report” e-mails to a selective distribution list.  The Market Report was initiated when Leigh worked as a commercial broker,… Continue Reading Forte responds to Leigh’s e-mails about CSU, Drake

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