MTA Chief Jay Walder Resigns
Thursday, July 21, 2011
Chairman and CEO of the Metropolitan Transit Authority Jay Walder abruptly announced Thursday that he is resigning from his post and taking a position with a rail service operator in Hong Kong.
Walder, who joined the MTA in 2009, is taking a position with MTR Corporation in Hong Kong as its CEO and a member of the Board of Directors.
"I believe that we have accomplished quite a lot in a short period, with the support of two governors, the mayor, a hard-working board and many others," Walder said in a statement.
Walder's last day will be October 11.
Walder, who grew up in the Rockaways, worked for the MTA in the '80s and '90s. He left for a teaching position at Harvard and went on to be a top-level executive helping run London's transit system.