The Fla.-based Jacksonville Transportation Authority’s (JTA) board of directors voted unanimously to extend CEO Nathaniel P. Ford Sr.’s employment contract for five years.
Since he became CEO in 2012, the organization has solidified its reputation as a leader in the transportation industry. Under Ford’s leadership, the management structure was reorganized and JTA launched major initiatives to take public transportation to the next level.
Over the past two years, JTA has changed its culture and empowered its divisions to effectively transform transportation in Jacksonville with the implementation of the Route Optimization Initiative (ROI), a major overhaul of the route system which had not seen this type of change in over 30 years.
The extension of Mr. Ford’s contract through Dec. 2, 2020 raises his annual base compensation to $300,000, a 4.6% increase. In addition, Ford will have the opportunity to earn a performance-based bonus if certain financial performance goals are met annually.