San Antonio's city-owned water utility gives CEO $133,000 bonus

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San Antonio's city-owned water utility gives CEO $133,000 bonus
San Antonio Water SystemCPS EnergyTexas House Of Representatives
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San Antonio Water System CEO and President Robert Puente will receive a $133,000 bonus for his performance in 2023.

San Antonio Water System President and CEO Robert Puente will receive a $133,254 bonus for his performance in 2023, the latest boost to his compensation from the city-owned utility. Board president Jelynne LeBlanc Jamison announced the bonus Tuesday after trustees met in executive session. Puente won’t receive the money until July 2025 under the utility's deferred compensation plan. She said the bonus is based on the board’s evaluation process for Puente, which has been in place since 2021.

Market competitiveness’ leads since 2008. His starting salary was $275,000. On Tuesday, Jamison praised Puente’s handling of the challenges catching up on installing new high-tech water meters “The way . “We have more stability, we have more time to fulfill the overall strategy of the utility,” she said, calling it a “win-win for both parties.” The board periodically looks at the market for similar private-sector and publicly-owned utility jobs for comparison, she said. San Antonio’s other city-owned utility, CPS Energy, pays its CEO Rudy Garza $655,000 per year. Bonus pay was not included in his contract when he was hired in 2022.

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San Antonio Water System CPS Energy Texas House Of Representatives Robert Puente Jelynne Leblanc Jamison Jamison Cecilia Velasquez Rudy Garza San Antonio Bexar County Atascosa Medina Texas H2O SAWS Accountability Act

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