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Nuclear executives’ excessive pay

US News 27th May 2017 Executives of a company financing construction of two nuclear reactors in Georgia continue to be awarded millions of dollars in incentives, despite it being behind schedule and billions of dollars over budget. Southern Company, the parent firm financing Plant Vogtle’s two new reactors, held its annual shareholders meeting recently to give investing companies and others the chance to discuss issues with executives. Some shareholders are not happy about the board of directors’ decision to award incentives to executives in light of losses at two of the company’s major projects:
Kemper Plant in Mississippi and the Vogtle expansion in Georgia’s Burke County, the Georgia newspaper reported.
https://www.usnews.com/news/best-states/georgia/articles/2017-05-27/executives-earn-millions-despite-losses-at-nuclear-projects

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May 29, 2017 - Posted by | general

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