BREAKING: Cap Metro board approves $285,000 salary for new CEO


Highlights

The board in a noon meeting will vote on a contract for Randy Clarke, the new president and CEO.

Clarke, formerly with the Boston transit agency, currently is a vice president with a transit trade group.

Former Cap Metro CEO Linda Watson made almost $364,000 in total compensation last year.

Randy Clarke, set to become Capital Metro president and chief executive officer in a few weeks, will be paid a salary of $285,000 a year, the transit board decided Monday.

Clarke, under the five-year contract, will also be paid deferred compensation of $25,000 a year, and will be eligible each year for a bonus of up to 10 percent, subject to the board’s evaluation of his performance.

Read the full story on mystatesman.com to find out what else is in Clarke’s contract and what challenges he faces when he starts the new job in March.



Reader Comments ...


Next Up in Local

Workers gather at state Capitol to defend labor unions’ rights

More than a dozen people marched Saturday from the Capitol to a statue of Martin Luther King Jr. on the University of Texas campus to defend workers’ rights to organize and collectively bargain. The event, called the Working People’s Day of Action, was held in conjunction with similar marches across the country Saturday, which was the 50th...
George P. Bush absent from candidate forums as rivals gun for a runoff
George P. Bush absent from candidate forums as rivals gun for a runoff

In 2014, the future belonged to George P. Bush. Elected to statewide office his first time out, out-polling even Greg Abbott, he was the scion of one of America’s great political dynasties. He was the grandson and nephew of presidents and the son of someone who, at that moment, looked like he might have been about to become president. Young and...
Advocates join effort to fix Austin police DNA lab problems
Advocates join effort to fix Austin police DNA lab problems

As lawyers and scientists continue to review hundreds of criminal cases that might have been affected by the Austin Police Department’s now-shuttered DNA lab, members of a stakeholders advisory group have started meeting to evaluate what went wrong and how to avoid mistakes in the future. The lab shut down in 2016 after a state audit found problems...
Perilous times for historically black colleges
Perilous times for historically black colleges

Two years ago, Amelia Smith received the one thing she thought she always wanted – a blue envelope from Spelman College. She had been accepted to what many consider the finest black college in America. Her grandmother went to Spelman. So did her mother. And her aunt. And her sister, who’s a senior there now. So Smith wasn’t surprised...
UT police investigating domestic assault on campus Friday night
UT police investigating domestic assault on campus Friday night

University of Texas police are investigating an aggravated assault that occurred Friday night in an on-campus dorm, officials said in a safety alert. According to police, a UT student reported being assaulted Friday night by her boyfriend, who is also a UT student. The incident occurred in the Jester residence hall, authorities said. Police said they...
More Stories