Toronto·Breaking
TTC CEO Rick Leary announced his resignation at a news conference in downtown Toronto Thursday. Leary told reporters he will officially step down on Aug. 30.
Leary says last day will be Aug. 30
Coun. Jamaal Myers and Rick Leary will speak with reporters at 2 p.m. ET at city hall. Their announcement comes as TTC board meets one day after major downtown streetcar derailment.
TTC CEO Rick Leary announced his resignation at a news conference in downtown Toronto Thursday.
Leary told reporters he will officially step down on Aug. 30.
Leary said he was stepping down “on his own terms.”
“This year I turned 61, and I believe there are some new opportunities and challenges that await me before I fully retire,” he said.
Leary became CEO in 2018, after Andy Byford left to become president of New York City Transit Authority.
Before becoming TTC CEO, Leary was general manager for York Region Transit.
At Thursday’s conference, TTC chair Jamaal Myers thanked Leary for his work as CEO. Myers said the change will cause no disruptions to service or ongoing projects.
During his tenure, Leary oversaw tough times for the TTC, including low ridership numbers during the COVID-19 pandemic, which led to service cuts and higher fares, and multiple incidents of public violence on transit that prompted more police presence on TTC.
More to come
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With files from Shawn Jeffords