Wisconsin Economic Development Corp. CEO Reed Hall said he did not seek a 50 percent pay raise, but said he views it as a reasonable amount for when the agency recruits for his ultimate replacement.
Hall, who was 64 when Gov. Scott Walker named him WEDC CEO and secretary in January, has no immediate plans to retire. Hall was responding to a reporter’s question at the Milwaukee Press Club Newsmaker Luncheon Wednesday in downtown Milwaukee.
Hall was set to make $120,000 when he took the full-time position in January and in February received a $65,000 raise, according to the Wisconsin Reporter.
Walker made the decision to increase the CEO’s salary, Hall said, and the WEDC board’s compensation committee approved the increase.
Yeah, if anyone associated with Scott Walker’s administration deserved a raise, it’s surely Reed Hall. After all, under his “leadership” Wisconsin has fallen to 49th in the country in job growth.
“Rewarding failure,” what wingnuts do best.
I’m from Australia and it appears that giving pay rises to CEO’s is not limited to us. Recently our Federal Politicians were given a substantial pay rise, making them some of the highest paid politicians in the world. Not only that, it’s their third pay rise in 12 months. Beat that!
Face it. You’ve got to work hard to push a state to 49th place in job growth. And that kind of effort needs to be recognized!
Draft Senator Kathleen Vinehout for Governor!
https://www.facebook.com/DraftSenVinehoutForGovernorOfWi