Tag: colorado springs utilities board of directors
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Utilities CEO Travas Deal details city’s growing power demand at event Wednesday
The future of Colorado Springs Utilities is built around major project investments, including the likely addition of nuclear power. Utilities CEO Travas Deal explained the growing plans for electricity as part of his third annual “State of the Utility” speech on Wednesday morning, given to a mostly full crowd at the COS City Hub. On…
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Colorado Springs Utilities Board approves plan to increase CEO pay to $700,000
Colorado Springs Utilities CEO Travas Deal will make $700,000 a year — a pay increase of $150,000 — by the end of 2027 under an agreement unanimously approved Wednesday by the Utilities Board. Under the two-step pay increase plan, the CEO’s salary will go from $550,000 a year to $700,000. The first increase would take…
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Colorado Springs Utilities CEO could see pay jump of $150,000
Colorado Springs Utilities CEO Travas Deal could see his salary increase by $150,000 after the Utilities Board of Directors meets Wednesday afternoon. The Utilities Board, made up of the nine-member Colorado Springs City Council, is set to vote at Wednesday afternoon’s meeting on an update to Deal’s employment contract that would enact a major two-step…