Electric Power Company President Salary in Colorado - State Average

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Average Salary for Electric Power Company President in Colorado - State Average

The average salary of a(n) Electric Power Company President in Colorado - State Average is $84,379.

The average hourly rate of a(n) Electric Power Company President in Colorado - State Average is $40.57.

The average bonus of a(n) Electric Power Company President in Colorado - State Average is $8,278.00.

Job Description:

Plans, develops, and establishes policies and objectives of an electric power company in accordance with board directives and corporation charter. Utilizes extensive, broad-based experience and knowledge in electric utility management, financing, operations, and planning. Develops and implements economic development programs and strategic plans, and plays a proactive role in the evaluation and development of new business opportunities. This is the top executive and principal organization leader in the organization. Title practices among companies vary; depending on the organization, the position may have the title of Chairman of the Board & Chief Executive Officer, Chief Executive Officer, Chief Executive Officer & President, President, General Manager, or other combinations. This position is distinguished from others in that it is the top ranking executive and, in most cases, is the highest paid executive in the organization. Reports to Board of Directors and often is a member of the board. Assumes responsibility for the profitability of the entire organization, making business decisions that are in the best interests of the profitable operation of the power company. Confers with organization officials to plan business objectives, to develop organizational policies to coordinate functions and operations between divisions and departments, and to establish responsibilities and procedures for attaining objectives. Reviews activity reports and financial statements to determine progress and status in attaining objectives and revises objectives and plans in accordance with current conditions. Directs and coordinates formulation of financial programs to provide funding for new or continuing operations to maximize returns on investments, and to increase productivity. Plans and develops industrial, labor, and public relations policies designed to improve company's image and relations with customers, employees, stockholders, and public. Evaluates performance of executives for compliance with established policies and objectives of firm and contributions in attaining objectives. May preside over Board of Directors. May serve as chairman of committees, such as management, executive, engineering, and sales. Less

Plans, develops, and establishes policies and objectives of an electric power company in accordance with board directives and corporation charter. Utilizes extensive, broad-based experience and knowledge in electric utility management, financing, operations, and planning. Develops and implements economic development programs... More

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