Tag: severance
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Severance payment to former Springs chief of staff nearly $140K, but not unprecedented
Colorado Springs is paying more than $130,000 for the severance package provided to Mayor Yemi Mobolade’s former chief of staff, Jamie Fabos, earlier this year. Fabos served as the chief of staff beginning shortly after Mobolade was elected in 2023 until February. The separation agreement for Fabos, provided to The Gazette via a record request,…
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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…