Poll: Should Seattle Port CEO choose between jobs?
Port of Seattle CEO Tay Yoshitani is coming under growing criticism for trying to hold onto his $367,000 job and a seat on the board of Expeditors International. For sitting on the board, Yoshitani receives a $30,000-a-year retainer, $1,000 per-diem for board meetings or other company work and $200,000 in restricted stock each year. Ka-ching!
Yoshitani says the dual roles do not represent a conflict of interest, an opinion apparently concurred with by the Port's top attorney. But commissioners are becoming increasingly vocal about this discomfort with his roles. Thirteen state legislators wrote to Port commissioners expressing concern about Yoshitani's jobs.
Achenblog by Joel Achenbach
Postman On Politics