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Article: Downey expected to leave the MTA; awaiting nomination for Transportation. (Mortimer L. Downey III, New York State Metropolitan Transportation Authority, Department of Transportation)
- Article from:
- The Bond Buyer
- Article date:
- March 23, 1993
- Author:
CopyrightCOPYRIGHT 1993 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Mortimer L. Downey 3d, a 12-year veteran of the New York State Metropolitan Transportation Authority, is expected to resign from the agency to take a senior position with the U.S. Department of Transportation, an MTA spokesman said yesterday.
President Clinton announced last week he will nominate Downey, the authority's executive director and chief financial officer, to the position of deputy secretary at the transportation department pending a background check.
MTA spokesman John Cunningham and Department of Transportation officials yesterday confirmed that Downey is the leading candidate for the job.
If confirmed by the U.S. Senate, Downey ...