The executive director of the Port Authority of New York and New Jersey said Thursday that he will step down after four years as the powerful bistate agency revamps its governance structure.
In an email to employees, Patrick Foye said he would “decline to participate in a new CEO search” but would remain for the next four months to help the transition to new leadership.
Foye’s position and the position of deputy executive director, which he’s held for three years, are scheduled to be eliminated when the Port Authority fills the newly created position of CEO.
During Foye’s term, the agency had been buffeted by the George Washington Bridge lane-closing scandal and state and federal investigations of its business practices. The agency operates bridges and tunnels, ports, airports and the World Trade Center site.
Emails divulged during a probe revealed that it was Foye who put a stop to the closing of access lanes.