NEW YORK (1010 WINS) -- The MTA has hired Anthony McCord as its first Chief Transformation Officer to oversee a major reorganization of the authority.
The new role will include cutting up to 2,700 jobs to save up to $530 million a year.
The Chief Transformation Officer role was created as part of the MTA’s Transformation Plan, which was approved by the MTA board in July.
That plan made several recommendations that involve the centralizing much of the agency’s work and creating new positions in engineering, customer communication, and human resources.
McCord is a Canadian business executive with experience in industrial services and infrastructure roles.
His selection is subject to board ratification; if approved, he’s expected to start in December. Reports say McCord will be earning $325,000 per year.
“I’m thrilled to join the MTA at this historic moment, and to lead the authority through a complete transformation that will reimagine the largest transportation system in North America for the future,” McCord said in a statement. “I look forward to getting to work so that we can focus on delivering improved service for our 2.5 billion annual riders through the transformative work ahead of us in the upcoming Capital Plan.”