New Capital Metro CEO Linda S. Watson meets the Austin press. Credit: photo by Lee Nichols

Linda S. Watson, the CEO of Lynx Transportation Authority in Orlando, has just signed her contract to assume the same position with Capital Metro. The highlights:

• Five-year contract
• Base salary of $228,000 in first year
• Eligible for 4% increase every year, if board approves
• Deferred compensation of $25,000 per year
• Relocation costs reimbursement up to $65,000
• Possible yearly performance bonuses of up to 12.5% of base salary
• Eligibility for severance pay if contract is terminated

This article appears in July 23 • 2010.

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