Friday, March 22, 2013

Port Authority raises interim CEO's salary, not rushing CEO search

Posted By on Fri, Mar 22, 2013 at 11:22 AM

The Port Authority board of directors today voted to temporarily increase the salary of interim CEO Ellen McLean.

McLean's salary will increase from $138,000 to $167,500, and remain until a permanent agency chief is in place. Authority board chair Jeff Letwin proposed the raise because McLean is balancing her job as CFO and interim CEO and doing both well.

McLean has been leading the agency since the ouster of former CEO Steve Bland in February.

The agency retained a search firm to conduct a national search for a CEO and Letwin says he doesn't believe the job has been posted yet. He says there have been no candidates proposed so far.

"There's no set time-frame," he says. "We want to have a thoughtful process to get it right."

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