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CPS Energy CEO gets significant compensation package

On the one year anniversary of becoming the permanent CPS Energy CEO, the board approved a raise for Paula Gold-Williams.

On the one year anniversary of becoming the permanent CPS Energy CEO, the board approved a raise for Paula Gold-Williams.

Gold-Williams is currently paid a base salary of $415,000, but effective August 1, 2017 will be getting $445,000 annually.

She will also be paid $290,000 in incentives for 2017, for meeting certain marks set forth by the board.

Gold-Williams will have a pay for performance matrix going forward allowing her to earn well over the $445,000 base salary.

Former CPS Energy CEO Doyle Beneby was offered a $739,000 compensation package in 2015, but he did not stay with the utility.

The board of trustees offered up many accolades, commending Gold-Williams for performance.

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