Topic - Joseph M. Rigby

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  • Pepco President Joseph Rigby talks to reporters on Tuesday, Feb. 8, 2011 in Annapolis, Md., after testifying before frustrated lawmakers about long delays in restoring power after a winter storm last month. Rigby said he wont be accepting about $900,000 in bonuses this year because of the performance. (AP Photo/Brian Witte) Caption Box

    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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