Muni’s board of directors is expected to officially approve the terms of Executive Director Nathaniel Ford’s $384,000 severance package on Tuesday, while also opening up the first public talks on his replacement.
Ford was hired in January 2006, and under the terms of his contract — which was last renewed in 2010 — he is eligible for one year’s salary, any unpaid bonuses or deferred compensation, and three months of health coverage if he’s asked to leave at the “board’s convenience.”
Those three components add up to a $384,000 total severance package for Ford, who was asked to step down by the San Francisco Municipal Transportation Agency’s board of directors last week.
Along with Ford’s severance package, the SFMTA board will hold the first public discussion on his replacement. Rumored names include Ed Reiskin, director of San Francisco’s Department of Public Works, and Carter Rohan, the SFMTA’s executive deputy director. Recreation and Park Department Director Phil Ginsburg has also been mentioned as a replacement, but has said he is not interested.