Metra's CEO quits, gets big buyout

Published: Friday, June 21, 2013 6:12 p.m.CDT

CHICAGO – The CEO of Metra has resigned and is set to get a more than $442,000 buyout.

The Chicago Sun-Times reports that Alex Clifford stepped down Friday during a board meeting. A separation agreement from the commuter rail system says he's leaving the post immediately.

Metra Chairman Brad O'Halloran said Clifford was departing because of a "difference in opinion" on the direction of the rail network.

Clifford joined Metra from a California transit agency three years ago. His contract was set to expire this coming February.

He replaced long-time executive director Phil Pagano, who committed suicide.

___

Information from: Chicago Sun-Times, http://www.suntimes.com/index

Reader Poll

How far will the Blackhawks advance in the playoffs?
Lose in first round
Lose in second round
Lose in conference final
Lose in Stanley Cup Final
Win Stanley Cup Final