In 2005, Robert C. Skaggs, Chief Executive Officer of NiSource Inc. raked in $1,756,152 in total compensation including stock option grants from NiSource Inc..
And Robert C. Skaggs has another $32,935 in unexercised stock options from previous years.
You know what? I don’t give a rip how much this guy needs to have joy and happiness in his life. Heck, it’s a dog eat dog world out there, but you would think that someone worth this much would at least see to it that the widow of one of his deceased retirees would receive some explanation as to why a lousy $10,000 life insurance claim is taking so long to be paid to her husbands beneficiaries. Seven months seems a bit too long to me.
This Skaggs fellow has allowed the Northern Indiana Public Service Company (NIPSCO) to outsource so much of what used to be done by usually efficient Hoosiers at NIPSCO to places such as Costa Rica. This is causing so much confusion among management and labor at NIPSCO, that I’m wondering if this guy really is worth this much.
Workers have a right to know who the hell is in charge of the place.
NIPSCO doesn’t know up from down, left from right, or even right from wrong anymore.
Get on the ball, Skaggs, and treat your retirees and their widows right, and start bringing those NIPSCO jobs back to Indiana. We’re Americans, not Costa Ricans. And while you’re at it, see to it that the deceased retiree gets his due.
source for compensation: AFL-CIO Executive Pay Watch
Charlie Averill
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