Lonnie Carter is leaving Santee Cooper after a 35-year career following two failed company projects.
In addition, Carter has access to $858,577 in a separate Santee Cooper retirement account, the newspaper reported.
“This golden parachute is an outrageous affront to the Ratepayers Left Holding the bag in this $4 billion debacle,” McMaster said in a statement.
"This golden parachute is an outrageous affront to the ratepayers left holding the bag in this $4 billion debacle."
READ MORE (Fox News)
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- Retiring Santee Cooper CEO to Receive $1M in 1st YearWLTX.com
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- Summer Reactor Deactivated for Non-Nuclear IssuePower Engineering Magazine
- Retiring utility CEO to receive $1 million in 1st yearAlbuquerque Journal
- The Latest: Retiring Utility CEO to Receive $1M in 1st YearU.S. News & World Report
- SCE&G, Santee Cooper face more litigation over Summer nuclear project abandonmentUtility Dive
