Metra CEO Gets Big Bucks Following Resignation

Alex Clifford resigns over "difference in opinion" on rail system's direction

By Mary Ann Ahern
|  Friday, Jun 21, 2013  |  Updated 8:19 PM CDT
View Comments (
)
|
Email
|
Print
Staffers say ouster of Alex Clifford had been in the works for months. Mary Ann Ahern reports.

Staffers say ouster of Alex Clifford had been in the works for months. Mary Ann Ahern reports.

advertisement
Photos and Videos

Metra Board Approves Fare Hike

Just one year after digging deep for the biggest fare hike in Metra history, commuters on Friday got some more bad news. Phil Rogers reports.

Commuters Not Surprised by Train, Pedestrian Crashes

Metra officials say no new safety measures are planned despite the deaths of five pedestrians so far this month at guard crossings. Sandra Endo reports.
More Photos and Videos

Metra CEO Alex Clifford resigned Friday with a significant buyout in an arrangement that had been in the works for months, a transit spokesman confirmed.

Clifford, whose contract was scheduled to expire next February, will receive $442,237 in a buyout of the three-year deal. Additionally, he'll receive another $300,000 if he can't find a new job within the next 13 months. Clifford was making $252,500 a year.

"The board did say that they had worked this out with Mr. Clifford and his attorneys, the settlement agreement they worked out with him," said Metra spokesman Michael Gillis. 

Metra Chairman Brad O’Halloran told the Chicago Sun-Times a "difference in opinion" on Metra's direction led to the resignation.

Clifford joined Metra from a California transit agency three years ago. He replaced long-time executive director Phil Pagano, who committed suicide.

Clifford's performance has been under review since April.

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
What's New
Get Our Weather App
Stay ahead of the storm with the NBC... Read more
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out