Massport offers former Mass. Transportation Secretary Richard Davey $420K CEO role

The Massachusetts Port Authority voted Wednesday to offer Richard Davey, a former Massachusetts transportation secretary, the position of chief executive officer, a role that comes with a $420,000 yearly salary.

Davey is a veteran transportation executive who also served as the general manager of the MBTA and president of the New York City Transit Authority, which oversees the city’s buses and subways.

Massport Board Chairwoman Patricia Jacobs said Davey’s “vast experience” in transportation made him an ideal candidate to lead Massport, which oversees Logan International Airport, Worcester Regional Airport, Hanscom Field, and the Port of Boston.

“We are thrilled to be bringing someone on board with so much experience leading large and complex organizations. Davey will be building upon a solid foundation,” Jacobs said in a statement released shortly after a Board of Directors meeting concluded.

If he accepts the offer, Davey would start no later than Sept. 9, according to Massport.

Rumors about Davey’s departure from the New York transit world surfaced earlier this month but he batted down the speculation, telling reporters two weeks ago to get “better sources.” Two sources told the Herald at the time that Davey was in the running for the job.

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