The CEO of NJ Transit earns an annual salary of $280,000. This amount applies to the current CEO, Jerome C. Kolluri, and was also the salary paid to the previous CEO, Kevin Corbett.
NJ Transit CEO Compensation Details
The annual compensation for the chief executive officer of NJ Transit is a fixed amount, as outlined during recent leadership transitions.
Key Salary Information
The following table summarizes the key compensation detail for the top executive role at NJ Transit:
Position | Annual Salary | Details |
---|---|---|
NJ Transit CEO | $280,000 | This is the salary for the current CEO, Jerome C. Kolluri, and was also the compensation for the preceding CEO, Kevin Corbett. |
Leadership Transition
On December 9, Kevin Corbett submitted his resignation, which became effective on January 16. Following this, the NJ Transit board unanimously approved Jerome C. Kolluri as the new CEO. Kolluri's appointment maintains the salary structure previously established for the position.
For further details on NJ Transit's leadership and operations, you can refer to official announcements and news reports from reputable sources such as nj.com.