MTR Corp. chief executive Jay Walder will step down next month — a year earlier than scheduled — after an internal report yesterday criticised him for "poor judgment" over the delayed $8.6 billion cross-border rail project.
Read More →So far, Stephen Bland is the only finalist for the job to return for follow-up interviews. The vacancy at the transit authority was created March 31 when Paul Ballard resigned after 12 years as MTA's CEO to lead the Fort Worth Transportation Authority in Texas.
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At least 20 high-level managers and employees have left the agency since Jan. 1. All told, the recent departures cost the district $299,489 in severance payouts.
Read More →The current executive director of the New Jersey Turnpike Authority, Veronique (Ronnie) Hakim, was named as James Weinstein's replacement. The move is expected to be completed by March 1.
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