RTD Media Release

The Regional Transportation District (RTD) Board of Directors tonight unanimously approved the contract for new RTD General Manager Phil Washington, who was unanimously chosen by the Board in December. This is a three-year contract.

Washington’s contract is based on the same compensation rules that govern all RTD salaried employees. This means that his contract contains none of the extra compensation measures that were included in the former General Manager’s contract, such as increased pension vesting, performance incentive pay, increased vacation and sick time accruals, or paid deferred compensation. Washington’s total annual compensation is $306,449, which includes a base salary of $275,000 plus the normal fringe benefits that are regularly paid to all RTD salaried employees. This comes out to be 57 percent of the former GM’s most recent total annual compensation that totaled $533,471 in 2009 on an annualized basis.

Washington said, “I appreciate the confidence that the Board has shown in me. RTD is one of the best transit agencies in the country, and we will continue working to make RTD even better.”