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FIELD CUT TO 1 FOR MTA CEO; WITH NO OTHER CANDIDATES, BOARD EXPECTED TO OFFER JOB TO NYC TRANSIT OFFICIAL.


Byline: David Bloom David Bloom (May 22, 1963 – April 6, 2003) was an NBC journalist (co-anchor of Weekend Today and reporter) until his sudden death in 2003 at the age of 39. Early life  Daily News Staff Writer

With the withdrawal of his lone remaining challenger, a New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 transportation executive is expected to be named as early as today to head the MTA (1) (Message Transfer Agent or Mail Transfer Agent) The store and forward part of a messaging system. See messaging system.

(2) See M Technology Association.

1. (messaging) MTA - Message Transfer Agent.
.

Michael Ascher, president of the Bridges & Tunnels unit of the New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 Metropolitan Transportation Authority, is the last remaining finalist for chief executive officer of the Metropolitan Transportation Authority, sources close to the selection process said.

The only other candidate, Lou Gambaccini, the retired head of the Philadelphia transit system, told Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  officials Friday he no longer was interested.

Ascher, who was flying to Los Angeles late Monday, is scheduled to meet early this morning with Los Angeles Mayor Richard Riordan Richard J. Riordan (born May 1, 1930) is a Republican politician from California, U.S. who served as the California Secretary of Education from 2003–2005 and as Mayor of Los Angeles from 1993–2001. Riordan ran for Governor of California unsuccessfully in 2002. , who is the MTA board chairman, and then with the entire MTA board during an 8 a.m. closed-door session.

Sources close to Riordan and other board members said Ascher likely will be offered the job, after which the two sides would begin negotiating his contract.

Supervisor Zev Yaroslavsky Zev Yaroslavsky (born December 21, 1948) is a Los Angeles County politician. He served on the Los Angeles City Council from 1975 until 1994, when he was elected to the Los Angeles County Board of Supervisors. He was preceded in both offices by Edmund D. Edelman. , an MTA board member, said he was impressed with Ascher during a personal meeting two weeks ago, but much will depend on how Ascher does during this morning's board meeting.

``If he performs well for the board and says to the board collectively what he said individually, he'll probably be favored,'' Yaroslavsky said. ``If he does not perform well, and more questions are raised than answered, the board may not go ahead. We'll have to wait and see.''

Gambaccini's withdrawal was only the latest snub to the troubled agency by a well-regarded candidate. Last spring, Bechtel Corp. executive Theodore Weigel turned down the board's job offer, as did the board's first two picks for the interim CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  job.

And last month, the highly touted head of New Jersey Transit The New Jersey Transit Corporation (NJ Transit) is a statewide public transportation system serving the state of New Jersey, and Orange and Rockland counties in New York. It operates bus, light rail, and commuter rail services throughout the state, notably connecting to major , Shirley DeLibero, finally definitively rejected board overtures to seek the job.

Ascher has been with NYCMTA Bridges & Tunnels for nearly nine years, and has been president since 1990. The agency runs seven bridges and two tunnels in the city, including the Triborough and Verrazano-Narrows bridges, that generate about $850 million a year from 1 million daily users. The agency formerly was known as the Triborough Bridge and Tunnel Authority.

Ascher is credited with being a strong executive who is willing to hire talented subordinates to manage areas where he may be weak or have little experience.

He will have to do that to be successful in Los Angeles, because he has no experience running a transit agency such as the MTA, a $2.8 billion agency with 1 million bus riders a day and three rail lines that carry an additional 100,000 riders each day.

Ascher does have construction experience, which is also important because the agency is struggling to finish $6 billion in rail system building projects. Ascher was chief engineer and a vice president of the New York City Transit Authority and is credited with turning around a troubled system expansion and rehabilitation that also cost around $6 billion.

Ascher would succeed Joseph Drew, who quit the agency in January after less than a year as permanent CEO because of controversy over his handling of the award of a lucrative contract to manage east-side subway construction.

Linda Bohlinger has been running the agency on an interim basis since.
COPYRIGHT 1997 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Daily News (Los Angeles, CA)
Date:Aug 12, 1997
Words:545
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