nuclear-news

Nuclear power executives get top payments

Salary Survey: Nuclear Exec Earns $3 Million, Energy Section, Amy Harder,  April 2, 2010 The nuclear power industry may be stagnant, but the sector’s top trade group is banking on turning that around — and as one sign, it’s giving its top executive a hefty salary.

The Nuclear Energy Institute in 2008 paid its president and CEO, at that time Frank Bowman, more than $3 million in total compensation. Bowman was the seventh-highest-paid executive out of more than 500 organizations in all different policy areas, according to an annual National Journal salary survey.

Eight other energy and trade groups, including the American Petroleum Institute, Edison Electric Institute, American Iron and Steel Institute, and American Gas Association, also gave their top executives seven figures in 2008.

At the other end of the spectrum, it apparently doesn’t pay to be green. The Union of Concerned Scientists, Greenpeace, the National Wildlife Federation and the American Wind Energy Association were among seven groups paying their chiefs between $400,000 and $100,000. Greenpeace’s former executive director, John Passacantando, was the fifth-lowest-paid executive in the survey overall, making a (comparatively) paltry $103,624. The Environmental Defense Fund and World Wildlife Fund paid their executives the most of the green groups, at roughly $496,000 and $486,000, respectively…..

Organization	Top executive salaries in 2008
1. Nuclear Energy Institute	$3.0 million
2.American Petroleum Institute	$2.7 million
3.Edison Electric Institute	$2.5 million
4.National Rural Electric Cooperative Association	$2.0 million
5.American Coalition for Clean Coal Electricity	$1.7 million
6. American Iron and Steel Institute	$1.6 million
7.American Gas Association	$1.4 million
8. American Chemistry Council	$1.3 million
9. Association of American Railroads	$1.1 million
10. American Forest and Paper Association	$896,168

Salary Survey: Nuclear Exec Earns $3 Million — Energy Section

April 3, 2010 - Posted by Christina Macpherson | business and costs, USA | antinuclear, nuclear, nuclear costs, nuclear secrecy, nuclear spin