In April, 2005, Ridge's appointment to the board of the Illinois/Pennsylvania/New Jersey electric utility was announced, with starting director compensation of $35,000 annual retainer plus a $1,500 meeting fee or per diem fee. Directors were also granted $60,000 in deferred stock units each year at that time.
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In 2010, it was reported that Ridge had appeared on
MSNBC Hardball With Chris Matthews promoting
nuclear energy as part of a "green agenda [to] ... create jobs, create exports," without any revelation by him or the
cable channel of his Exelon position. In the report, his cumulative Exelon-derived compensation was put at $530,659; and it was said that, as of March 2009, he held an estimated $248,299 in Exelon stock, according to SEC filings. Exelon was described as "the nation's largest nuclear power company."
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Tom Ridge - Wikipedia, the free encyclopedia
Ol tricky Dick Armitage one of the biggest offenders
Richard Armitage (politician) - Wikipedia, the free encyclopedia
I mean these guys are making MILLIONS!