Port of Seattle senior management return ‘illegal’ bonuses

Port of Seattle senior management return ‘illegal’ bonuses

Top management at the Port of Seattle are to pay back their annual bonuses which were ruled illegal payments by the state auditor.

The port in December 2015 had granted $4.8m in bonuses to around 650 staff, of which $3m went to senior management.

The illegal payouts have already sparked a back and forth row between the ex-CEO Ted Fick who resigned earlier this year and the current administration of the port.

The state’s attorney general is reviewing an audit of the port’s finances looking for any potential prosecution.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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