Port of NY-NJ Executive Director to Leave His Post in Next Three Months
Foye, who has served the agency in that capacity since November 2011, also has asked that his name be withdrawn from the CEO selection process in the ports search for a new CEO.
Until he leaves, the board will work with Foye to put an interim leadership team in place to manage the authority until the search for a permanent CEO is completed, the announcement said.
Port officials did not indicate Foye’s reason for resigning.
Foye was executive director of the port when the agency was shaken by a scandal involving lane closings on the George Washington Bridge directed by allies of New Jersey Gov. Chris Christie.
The Port Authority's Board of Commissioners has been conducting a search for the agency's since December 2014 in response to a recommendation that the bi-state agency appoint a single chief executive officer selected by and accountable to the board.
The board appointed a CEO search committee to work with a leading executive search firm, Spencer Stuart, to develop a slate of candidates for consideration by the full Board of Commissioners.
The search committee had initially hoped to make its recommendations to the full board this month.
However, the search committee said that in light of recent progress made on the Gateway program to construct new cross-Hudson rail tunnels and other major construction projects has recommended that the search be extended and broadened to ensure that the skill sets represented in the candidate group reflect all of the agency's future needs, the announcement said.
"Given the leadership role assigned to the Port Authority in this effort, we owe it to the board to make certain we have taken this substantial new responsibility into account in selecting our first CEO," Port Authority Chairman John Degnan said.
