Following is a blog post by Gary Welsh of Advance Indiana. If Citizens Water should ultimately become involved with operating the planned dam and reservoir, the water rates will need to be high enough to support the compensation packages for both management and board of directors.
Christina Hicks, VP, Human Resources, Wishard; J.A. Lacy, CEO, LDI.
Citizens Energy also has a 5-member Board of Trustee, including the following high-paid private and public officials: Dan Evans, IU Health Partners; Dennis Bland, President, Center for Leadership Development; Kathryn Bentley, Civic Leader; Jackie Nytes, CEO, Indianapolis Public Library; John Krauss, Director, IU Public Policy Institute. As a former city-county council member, Jackie Nytes was at the forefront in the push to approve the merger deal with Citizens Energy. She was promptly rewarded with the job as the library’s new CEO earning nearly $150,000 a year. Cook’s story doesn’t mention what, if any, pay they receive for their service.
“How very sad that the greed of Citizens Energy apparently extends beyond their executives and into their self-perpetuating board,” said Kerwin Olson, executive director of Citizens Action Coalition, a consumer advocacy organization. “Clearly, the problem is institutional.” How true that statement is. As Cook’s story notes, the nonprofit trust was established by city leaders like Eli Lilly and Benjamin Harrison to avoid the two evils of profiteering by monopolies and the political patronage systems associated with municipally-run utilities. These people have completely turned the plan envisioned by those great individuals on its head in a sad and pathetic effort to line their own pockets at our expense.
I hope Tony Cook looks into how much of our money these self-dealing individuals are wasting on Colts and Pacers suites, along with a boatload of tickets to the sporting events they pass out to each other and their cronies.