As The Denver Post reports today, we have a new contender for “dumbest quote of the year” in former RTD GM Cal Marsella:
A legislative committee voted Tuesday to ask former RTD General Manager Cal Marsella to return $1.3 million to the transit agency from a lump-sum pension payout he received last month.
The vote came after members of the Legislative Audit Committee heard details of a state audit of the Regional Transportation District’s executive compensation practices.
Marsella resigned as RTD’s general manager in July after leading the agency for 14 years. Shortly after his departure, state auditors began their probe of Marsella’s pay and benefit package and the RTD board’s oversight of executive compensation.
Marsella’s compensation package for the first seven months of 2009 had a total value of $725,612, including a one-time payout for unused vacation and sick leave of $268,839, according to the audit.
The audit was especially critical of a provision in Marsella’s employment contract with RTD’s board that called for the former GM to receive 2 1/2 years of pension credit for each year he worked at RTD…
…Reached Tuesday afternoon, Marsella vigorously defended the contracts he negotiated with RTD boards in his years with the agency.
During that tenure, Marsella said he had offers attempting to lure him to other transit agencies around the country, and in response, different RTD boards said, in effect, “We don’t want you to go,” and negotiated contract terms that kept him at RTD.
Marsella pointed to coaches of sports teams who “make multiples of what I made and don’t even have winning seasons.” [Pols emphasis]
Uh, what in the hell are you talking about, Cal? Overseeing RTD and heading up, say the Denver Broncos, are a little different.
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I don’t think Marsella had a “winning season” with FastTracks. I think it should raise a few eyebrows (it certainly raised mine) that he decided to leave just when it was acknowledged this program is in trouble with cost over runs that will probably necessitate RTD going back to the taxpayers and asking for double the original tax amount. Good luck on that in today’s anti-tax climate.
Either that, or the system will probably have to be cut back (some corridors not built), but that’s politically dicey because the elected officials in those corridors pushed for FastTracks.
Seems to me Marsella got out when it became apparent he couldn’t get the ball across the goal line.
I wish they could.
You Bastard!
Though you have to admit he does have a point where he says that coaches of sports team make more money and don’t win. I am pretty sure that Josh McDiapers makes much more money than that, and as you know…
Denver Broncos… Still Suck!
of the geniuses that negotiated the compensation package for RTD? Not to let Marsella off the hook, but the RTD board that negotiated (gave away?) this deal are the ones that should have to answer for it.
who the hell gave him this outlandish package and why ? What the hell was the thinking involved ?
Jon Caldera is going to have a field day with this I am sure. It dosen’t help to do stupid stuff like this.
I don’t know, I’m just asking.
I think its been a while since he was there.
It was in the late 90’s I believe.
I suppose unanimous approval would not be required.
I’d be curious which one, but I don’t know how to find out.
EW, Here is that list of geniuses, who are responsible, and who should answer for it.
District A
Bill Elfenbein
Denver/Arapahoe Counties
District B
Christopher Martinez, First Vice Chair
Denver/Adams Counties
District C
Juanita Chacon
Denver/Adams/Jefferson Counties
District D
Barbara Brohl
Denver/Jefferson/Arapahoe Counties
District E
Bill McMullen, Secretary
Denver/Arapahoe Counties
District F
Barbara Yamrick
Arapahoe County
District G
O’Neill P. Quinlan
Arapahoe/ Douglas Counties
District H
Daryl Kinton
Arapahoe/ Douglas Counties
District I
Lee Kemp, Chairman
Boulder/Broomfield/Adams/Weld Counties
District J
William Christopher
Adams/Jefferson/Broomfield Counties
District K
Noel Busck, Second Vice Chair
Adams County
District L
Wallace Pulliam
Jefferson/Boulder/Broomfield Counties
District M
David Ruchman
Jefferson County
District N
Bruce Daly
Jefferson/Denver Counties
District O
John Tayer, Treasurer
Boulder County
But focusing on a bad quasi-metaphor is like a criticizing a football ref for spotting the ball wrong even though the location of the spot had nothing to do with whether the team made a first down and it’s only the second quarter anyway.
What he said.
I buy a monthly pass and take the bus to work every day. It costs me more than $150/month for the privilege. The justification for this cost is the high cost of building new lines, running buses, etc., but it looks like my yearly cost would not even approximate a percentage of this incredibly high pension. Too bad RTD has us by the cajones…
This deal was approved by the board. Again, on of those races no body pays attention to.
The next time I forget my pass and get harassed by the fine folks at Wackenhut. That and Wackenhut’s sterling reputation.
I take the RTD to the games-of-sports.
When we elect a board to run a function, they should work for the poblics interest not the GM. I am sure that they were afraid not to ok his estimate of costs for the last sales tax raise. The total board should resign and we should get a board that would run the RTD. Caldara should at least have told us the true reporting structure.
Terribly disappointing but PAR for the course with RTD.
Here’s another good one for you.
“looks like the north area will get the Chevy instead of the Cadillac” One of the RTD Board Members last year.
At the time, north area citizens in the room did not appreciate the comment. Afterall north area residents are paying taxes for the entire buildout of the passenger rail system by 2017 (including the North Line) but the North Line seems to have got the short end of the stick with RTD.
Now looks like we will be lucky to get the “Chevy”.
I want to say something totally inappropriate right now to RTD and its representatives, but, unfortunately too many people figured out who I am on Pols so I better keep it clean.
I believe Marsella might have been referring not to the Broncos but to Gary Barnett, former football coach at CU, who had negotiated a similar sweetheart deal on his state pension (also with PERA).
is available at http://facethestate.com/downlo…
His base pay for his position doesn’t seem too unusual. The ability to carry forward all unused vacation time is very generous. An overly generous leave time plan that can be cashed out raises issues under Section 409A of the Internal Revenue Code as a non-qualified deferred compensation plan.
I’m not sure how he got to 725K for seven months. Maybe that is his total includible compensation (including the value of pension contributions that vested in 2009), not the total cash paid to him in 2009.