Monday, May 10, 2010

Houston METRO president and CEO resigns; Greanias interim CEO

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Houston METRO President & CEO Frank J. Wilson has resigned. The METRO Board of Directors accepted his resignation at a Special Board meeting, May 7. As part of the resignation, the Board authorized Chairman Gilbert Garcia to sign a Mutual Termination and General Release agreement with Wilson. This agreement is posted on METRO's Web site.

It also authorized Garcia to negotiate a contract with former Houston City Controller George Greanias to serve as interim President & CEO, while the Board conducts a search for a replacement for Wilson.

Garcia said Greanias would begin work on May 10.

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