Jay Walder resigned today as chairman and chief executive officer of New York’s Metropolitan Transportation Authority, the largest U.S. transit agency, to head MTR Corp., which runs the Hong Kong subway and other rail lines.
Jay Walder , chairman and chief executive officer of the New York ’s Metropolitan Transportation Authority, said he intends to serve his full six-year term which ends in 2015, regardless of who is elected governor in November.
The Metropolitan Transportation Authority prepared for as much as 14 inches (36 centimeters) of snow in the New York City area tomorrow, promising a faster response than during a storm last month that stalled 600 buses and stranded commuters when rail lines shut.
New York officials intend to shut down the city’s mass transit system this weekend given the predicted strength of Hurricane Irene, said Jay Walder, chairman of New York’s Metropolitan Transportation Authority.
New York City Mayor Michael Bloomberg issued a mandatory evacuation order for low-lying areas, including Battery Park City and Coney Island, while airports, trains, buses and subways prepared to shut tomorrow as Hurricane Irene approached.