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Reply #2: The $700,000+ bonus the executives of the TVA received are paying off. [View All]

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Ichingcarpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-09-09 01:54 PM
Response to Reply #1
2. The $700,000+ bonus the executives of the TVA received are paying off.
NASHVILLE, Tenn. - The recession is not hurting the paychecks of some of the Tennessee Valley Authority's top executives, who are cashing six-figure bonus checks.



According to federal documents, the CEO of TVA, Tom Kilgore, makes $655,000 a year. In addition to his salary, he received an incentive bonus of more than $1 million for 2008, bringing his total income to $2.4 million.


TVA awarded the incentives because the executives met certain performance goals.


http://www.msnbc.msn.com/id/28393625/



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