As so often happens, the Boston Herald gets the sizzle:
Paul Levy sees big returns from nonprofit
Earns $91G for six-hour workweek
An under-the-radar western Massachusetts nonprofit that controls the state’s electricity market is lavishing huge salaries on executives and board members, including ousted Beth Israel Deaconess Medical Center honcho Paul Levy, who rakes in a $91,000 salary for just six hours of work per week.
And the Boston Globe gets the steak:
Levy bid for ISO raises concern
Reappointment to board queried; grid operator criticized over pay
Former Beth Israel Deaconess Medical Center chief executive Paul Levy, who resigned under pressure earlier this year, is now the subject of debate as he seeks reappointment to his $91,000 post as an ISO-New England board member, according to an e-mail obtained by the Globe that circulated among a group of executives who help choose the electric grid operator’s board.
In the e-mail last week, an ISO stakeholder who is a manager at Bangor Hydro Electric Co. in Maine, said, “I wonder if the fact that Mr. Levy has a cloud over his head could become a distraction. If this leads to problems down the road, then we might have one less member with a consumer interest background.’’
One other thing the Herald piece failed to mention:
In a blog posting on the Beth Israel Deaconess website several years ago, Levy said he turned over his ISO pay to the hospital. Beth Israel Deaconess spokeswoman Judy Glasser confirmed this week that Levy had turned over his director’s pay to the Boston hospital each year.
Confirming once again that, ideally, there are two papers to every story.
