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Cirque Du DWP: Nahai gets $82K via immaculate conception as Freeman tries not to step in it

Posted by: Maven on October 22, 2009 at 9:08 am

From LA Weekly:

“The issue before the Department of Water and Power amounted to a simple question: Why settle for one exorbitantly paid top executive when the department could effectively employ two at the same time, at double the expense?

Apparently, that was too much to resist. So as H. David Nahai voluntarily quit after only nine months as general manager — he’s becoming an adviser for Bill Clinton’s climate-control initiative — the nation’s largest public utility decided to keep paying him anyway, in a deal that costs $6,282 a week. That’s the equivalent of $326,664 a year, exactly what Nahai was earning before he quit.

Then the DWP board voted 3-0 (with members Jonathan Parfrey and Thomas S. Sayles joining board President Lee Kanon Alpert) to put Stetson-wearing, swashbuckling S. David Freeman — a polarizing figure who held the general manager’s job eight years ago — into his old seat at $6,250 per week, or $325,000 a year.

So DWP will be paying the equivalent of $651,000 a year on one GM position, ostensibly so that the very short-lived Nahai can share his vast “institutional knowledge.” …”

Read more from LA Weekly by clicking here.

October 22, 2009 · Filed Under Water Agency News

Comments

One Response to “Cirque Du DWP: Nahai gets $82K via immaculate conception as Freeman tries not to step in it”

  1. dfb on October 22nd, 2009 6:42 pm

    Thank God for the weeklies, otherwise this kind of stuff would get little real acknowledgment in the press. :-)

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