Tag: utilities ceo
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Phillip Tollefson, first CEO of Colorado Springs Utilities, dies at age 75
Phillip Tollefson, who served as the first CEO of Colorado Springs Utilities, died Sept. 4 at his home in Wichita, Kan. He was 75. A cause of death was not listed in an obituary posted online by the funeral home Downing & Lahey. Utilities built two power plants during Tollefson’s tenure: the Tesla Hydroelectric Plant…
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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…
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Utilities to provide details on future of Ray Nixon Power Plant early next year
The first few months of 2026 will help determine whether Colorado Springs Utilities still plans to close the coal-fired Ray Nixon Power Plant by the end of 2029. The Nixon power plant south of Fountain has been scheduled to close by the end of the decade to meet Colorado’s goals to reduce emissions and decarbonize…