Tuesday, April 22, 2014

Boss at ailing Calif. nuke plant made $2M in 2012

March 15. 2013 7:40PM
Associated Press

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(AP) The top executive overseeing the troubled San Onofre nuclear power plant in Southern California received compensation valued at nearly $2 million last year.

The seaside reactors haven't produced electricity since January 2012, when a tiny radiation leak led officials to discover damage to hundreds of tubes that carry radioactive water.

An Associated Press review of a company filing with financial regulators Friday shows the base salary for Southern California Edison's chief nuclear officer, Peter Dietrich, climbed 6 percent to $461,000 last year.

His stock benefits also jumped.

However, Dietrich's total compensation dipped slightly in 2012.

In 2011, he was paid an additional award of $350,000 as part of an employment package.

The AP's calculation counts salary, bonuses, perks, stock and options awarded during the year.

Associated Press

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