TTC CEO Rick Leary introduced he’ll step down from his place on the finish of the summer season.
The pinnacle of the transportation company confirmed, throughout a press convention on Thursday afternoon, that he submitted his resignation this morning and it was permitted by the Board of Administrators at right now’s assembly.
He stated that his resignation is efficient as of August 30.
“I used to be honored for 10 years of service right here on the TTC final month. I can inform you what a tremendous 10 years have been. I’d go as far as to say this has been probably the most satisfying expertise of my 4 many years on the job.” “Public transit,” Leary stated.
“However for many individuals, a decade in any job additionally brings with it some self-reflection in terms of private {and professional} targets and goals. This yr I turned 61 and I consider there are some new alternatives and challenges forward of me. I can’t be totally retiring.”
Leary stated earlier than he leaves workplace, he needs to ensure he sees the TTC by way of current labor negotiations with Amalgamated Transit Union (ATU) 113, the union that represents greater than 11,000 TTC front-line staff.
“Some will query the timing of this announcement and I’ll say that is truthful. For me, it was about seeing this final main challenge over the end line, and that was the brand new collective settlement with ATU 113, the most important union accomplice group,” he stated.
“I consider it was my obligation and obligation to ensure there was a brand new settlement earlier than I stepped down. If we did not attain an settlement, I wanted to be right here to information the group by way of the disruption, however thankfully that didn’t occur.” It’s occurring.”
Leary joined the TTC in 2014 when he stated he was “lured away” from York Area Transit by former CEO Andy Byford.
He initially served as chief operator of the service earlier than turning into everlasting CEO of the transport company in 2018.
Leary stated he’s proud to be aside of numerous “firsts” on the TTC, together with hiring the first-ever chief variety and tradition officer.
He went on to thank his colleagues in addition to Mayor Olivia Chao and former Mayor John Tory.
“I need to thank former York Area President Invoice Fish for taking an opportunity on a Boston man to guide York Area Transit in 2009,” Leary stated. “Transferring right here opened the door for me to appreciate the dream of turning into a Canadian citizen just like the hockey heroes of my childhood.”
TTC President Jamal Myers stated the TTC is “grateful” to Leary for his “contributions to the TTC’s successes over the previous decade.”
“Rick has determined to pursue new alternatives, and I’m certain he’ll share his plans with you on the applicable time and within the applicable discussion board. For now, we take this chance to acknowledge his many contributions to the good legacy of the TTC and need him effectively in all his endeavors,” Myers stated in a press release. “Future.”
He added that the TTC “will announce subsequent steps,” together with plans to nominate an interim CEO, within the coming weeks.
