November 6, 2009

TransLink president Tom Prendergast announced yesterday he's leaving TransLink at the end of the month to take over operations of New York's transit authority - the largest transit system in North America.

The outgoing CEO said TransLink is on a sound financial footing after the Council of Mayors approved a $130 million supplement to the transit authority's 2010 budget. TransLink chairman Dale Parker said current CFO Ian Jarvis would be promoted to the position interim president as the organization.