“By streamlining the management of our bus companies we will eliminate redundancies, improve efficiency and service, and save money,” said Elliot G. Sander, MTA executive director and CEO.
As part of the restructuring, Joseph Smith, senior vice president, buses, NYC Transit, will oversee the new operation, maintaining his current title and assuming the presidency of both MTA Bus and Long Island Bus. Former MTA Bus president Thomas J. Savage recently retired after 37 years of service, while outgoing Long Island Bus President Neil Yellin accepted a promotion to senior vice president, administration, at the Long Island Rail Road. Smith assumes the new titles immediately and expects to fully implement the new management structure within 60 to 90 days.
The consolidation is intended to yield savings for the MTA, with the extent of the savings will be identified in the coming months.
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