I think pretty obvious questions are, given NextEra's bid amount, the bonus plan Zahn wanted would have yielded a payout of $1.1 billion if all of the 100,000 units ("shares") were sold, OR, on the low end, $374 million. When did he realize this, and why didn't he disclose it?
(JEA execs had access to NextEra's bid long ago - far in advance of it becoming a public record this week.)
Zahn says he had no preference on any option, but a sale, coupled with the bonus plan he wanted, could have made him a millionaire.
I'd also like to know why, if Zahn believes, as he's indicated, that the people should have the final say on whether JEA is sold, that the banks indicated a vote was slated for August - where a paltry quarter of the electorate turned out, instead of the general in November.
Related: if this exercise was truly just presenting options as a neutral arbiter, and then stepping back and letting the process play out, why was he having @lennycurry's political consultant join in closed-door meetings? He should have had nothing to do with politics.
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