EMC members poorly served by emeritus directors
August 25, 2010 12:00 AM | 1074 views | 10 10 comments | 11 11 recommendations | email to a friend | print
DEAR EDITOR:

In yet another example of their self-serving entrenchment, the board of Cobb Electrical Membership Corp. recently passed a bylaw amendment creating the appointment of "emeritus directors." They will be allowed to attend board meetings and provide counsel to the board of directors. They will be compensated for their attendance and expenses "as determined by the board of directors."

These appointments are flagrantly designed to provide a coterie of supporters for the incumbent directors who are already under attack in the courts and in the court of public opinion for failing to uphold their pledge to do what is best for the membership.

Even worse: These appointed emeritus directors would stay on, even if the directors who appointed them were voted out of office. Some of those directors are being investigated by the Cobb district attorney for allegedly fleecing the co-op's assets for their own self enrichment. In 2008, the board faced a lawsuit by disgruntled members alleging other acts of malfeasance and mis-administration. The lawsuit was settled largely in the plaintiffs' favor. This is not the kind of "experience and judgment" we should want to reinforce in the co-op's leadership.

The new amendment also states: "In addition, the Cooperative shall, to the maximum extent permitted by law, advance expenses to, and indemnify, each person who is, or was, an emeritus director, against all expenses, including attorney's fees, judgments, fines and amounts paid in settlement, actually and reasonably incurred by such person in connection with any threatened, pending or completed action or proceeding, whether civil, criminal, administrative, or investigative, by reason of the fact that such person is, or was, an emeritus director."

In short, any emeritus director will essentially be absolved of any financial penalties stemming from their acts and decisions. Cobb EMC - meaning, the members - apparently will pay whatever legal fees an emeritus director may incur. This is the most all-encompassing, get-out-of-jail pass ever issued. How can this amendment possibly be construed as in the best interests of the membership?

It is a grave insult to the Cobb EMC membership to suggest, let alone require, that members be on the hook for the more legal fees resulting from any malfeasance by the board. Let's not forget the unknown legal fees that may yet arise in connection with the ongoing criminal investigations. View the full amendment at www.cobbemc.com/en/About-Cobb-EMC/Bylaws-and-Service-Rules.aspx

Crystal Miron
The Cobb Alliance for Smart Energy
Comments
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Captive of Cobb EMC
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September 01, 2010
This board needs to be disbanded and this membership needs to be disbanded. Cobb EMC has a monopoly over electricity in Cobb, and they are proving exactly why monopolies were made illegal in this country. The BOD are a bunch of self serving power hungry greedy a-holes with no respect for their supposed members or the rulings of the court. The interaction I have had with their employees have been on par with government agencies like the IRS. They know they have you over the barrel and they are going to treat you as such. I have interacted with exactly 1 person at COBB EMC that acted like a decent fellow human being. The rest might as well have been zombie robots programmed by the BOD for swindling money out of their membership base.

Why am I so angry? Because I have been a member of Cobb EMC for over 10 years. Recently thanks to a series of events that has reduced our annual household income to less than half what it was a year ago we fell behind on our bills. The Cobb EMC bill went beyond 30 days a couple of months ago. Now they want to charge a 200 dollar deposit. Thats right go ahead kick me while I am down. Just kick me right in the family jewels. The people I have spoken too on the phone couldnt tell me what the deposit was for, if I would ever get it back or even how they were legally allowed to charge this deposit. They were happy to tell me that if I did not pay this deposit they would shut off my electricity. In what world does this make sense? If I am already behind on my bills who in the world thinks that its OK to charge additional fees?

Well I guess they need to pay for their new emeritus board members and their propoganda machine.

clmiron
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August 26, 2010
At Newsflash:

Are you a member/customer of Cobb EMC? I am.

Perhaps you are an employee of Cobb EMC's growing Public Relations juggernaut?

Another valid question... how much PR and advertising is really reasonable for a "not-for-profit" utility with a captive consumer base? That is yet another example of the waste and abuse of co-op assets for self serving purposes.

Given the misdealing involved with the creation of "Cobb Energy" and the apparent willingness of the board to continually subvert the democratic process at the co-op... I think there are valid concerns with allowing this same composite of folks to stay involved in decision making in any capacity.

Clearly there is a very good chance when members FINALLY get to vote on directors, they will choose to "kick these bums out".

The creation of emeritus directors is a bold face attempt to keep their influence in play at the co-op in defiance of the will of the membership.

Anyone who has been following the developments at Cobb EMC can see a pattern emerging.

Concerned about it
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August 25, 2010
Swooper, you say sell to Georgia Power. Why? Are the employees to be punished just because you're pissed off at the BOD? The rank and file have no control over what the BOD or senior staff does; again I ask, why punish them? I've read comments on other posts where people were very complimentary of the rank and file employees, I ask again, why punish them?
News Flash
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August 25, 2010
Most boards purchase insurance for their baord members to cover any legal acttion taken against the board. If they did not no one would serve. As we all know anybody can sue even with the most frivolous claims. I would say most of the complaint here is against coal and nothing else.
Watcher...
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August 25, 2010
I agree with Swooper. Sell Cobb EMC to Georgia Power.
Take Back Cobb EMC
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August 25, 2010
A fantastic LTE Crystal that really highlights just how far the current Cobb EMC board will go to fund themselves now and in the future.

The Cobb Alliance for Smart Energy or CASE has been doing a phenomenal job letting Cobb EMC members know where their money is going and how they can end the greed on the Cobb EMC board of directors.

Check out their website on the issue: http://cobbemcwatch.org/ and find out how to help!

For more info on the issues at Cobb EMC check out www.takebackcobbemc.com and pledge to vote for new and accountable leadership on the Cobb EMC board!
EMC Member
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August 25, 2010
It is hard to believe that this saga continues and the position this board puts the EMC in just to simply protect themselves. The people all belong in jail and I can't wait to see their mugshots.
Swooper
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August 25, 2010
Thank You for your Letter.

The Courts should not have left the Crooks in charge... next thing you know they will replace the Banks Management with Bank Robbers... same idea.

Sell Cobb EMC to GA Power, I have dealt with both... what a difference... in service and rates.
Pat H
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August 25, 2010
This is despicable. I think we should all boycott Cobb EMC and withhold payment of our electric bills until we have an honest election and all new rules and regulations, including this shady Board of Crooks, are rescinded.
Irate West Cobbian
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August 25, 2010
This board should be dissolved. Get a member-supported board in place ASAP. These actions must be rescinded. The current board members should be personally liable for all legal fees to protect their sorry rearends! The membership should not have to pay their legal fees or insurance premiums to provide coverage against their misdeeds.
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