Politics

Rick Scott Still Steamed Over Citizens Property Excesses

By: Dave Heller | Posted: March 8, 2013 1:00 PM
Rick Scott

Gov. Rick Scott

Gov. Rick Scott is usually pretty even tempered -- he moves from issue to issue with a keen focus, addresses it and moves on.

But when the issue turns to Citizens Property Insurance Corp., he can get downright angry.

Scott and the chief of Citizens are not on the same page over some big raises for a handful of top executives at the state-run insurer.

President and CEO Barry Gilway awarded raises ranging between $25,000 and $31,000 to five top employees. Now the company’s chief financial officer earns $255,000 a year.

Gilway argues the raises are justified because the executives took on new responsibilities and their new salaries are more comparable to what they could earn in the private sector.

Gov. Scott is not buying it. He’s mad about the raises, travel spending and an incident last year in which some Citizens executives used a corporate credit card to buy more than $350 worth of alcohol at a company dinner.

"They've given outrageous pay raises. They should retract those. They ought to take seriously the inspector general's report and look at their travel policy and look at reimbursement of alcohol."

Gilway, meanwhile, has this to say about his salary increases: "I really have to have the opportunity to compensate people effectively if I'm going to get the job done that we need done."

Gilway claims that he has lost four top executives in the past several months because they could make more money in the private sector.

He says if he’s going to be able to solve the company’s tough challenges, then he needs to pay good workers effectively to keep them on the job.

See video comment on this page by Scott and Gilway.

Sorry, you need to install flash to see this content.

Video Credit: Dave Heller



Dave Heller is a Tallahassee freelance reporter/videographer.


Comments (3)

Diana Taub
12:42AM MAR 14TH 2013
Yes, Rick should be angered. Had State Farm not raised my insurance to $10000 annually, I would not be with Citizens. Now I wish State Farm would take me back...so worried about Citizens!
wbp
8:39AM MAR 9TH 2013
if scott actually wanted to do something about this mess he could but he just wants the show. Gilway needs to pay HIS people good money to keep His good people but state employees and teachers haven't had a raise in 6 yrs. so much for that lie.
John
10:57PM MAR 8TH 2013
Dick Scott oops I mean Rick Scott is the baldest, ugliest piece of [filtered word] Florida has had as a Gov. How can you floridian idiots ever vote in such a jerk off !

Leave a Comment on This Story

The content of this field is kept private and will not be shown publicly.
To prevent automated spam submissions leave this field empty.