Topic - Joseph M. Rigby

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  • Pepco Holdings Inc. CEO Joseph M. Rigby saw his compensation rise from $6.7 million in 2011 to $11.4 million last year despite reliability problems. (Associated Press)

    Pepco CEO made $11.4 million in 2012 despite utility's spotty record

    Pepco has been faulted repeatedly for dismal reliability and the electric company's hundreds of thousands of customers have little choice but to go with the monopoly, yet its chief executive's compensation package rose from $6.7 million in 2011 to $11.4 million last year, financial documents filed last week show.

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