At its May 19, 2011 meeting, the board of the Ann Arbor Transportation Authority approved a new employment contract with its chief executive officer Michael Ford, who was hired in the summer of 2009. [For a report on Ford's April 2009 final interview: "AATA, CEO Candidate Start Talks"]
The contract, which is renewable each year on October 1, pays Ford $160,000 a year – the same compensation he received last year. Ford is not receiving a raise this year, but will receive a one-time additional payment equal to 4% of his annual salary – his base salary will not change.
Board members at the meeting praised Ford’s work over the last year in leading the AATA’s countywide transit master planning effort.
This brief was filed from the boardroom of the downtown Ann Arbor District Library, where the AATA board holds its meetings. A more detailed report of the meeting will follow.