Ted Fick, placed on administrative leave last week, resigned yesterday as ceo of the Port of Seattle.
The local Puget Sound Business Journal is reporting his resignation came in the wake of auditors briefing port officials on their probe into $4.7m in additional compensation to hundreds of port employees.
The Washington State Auditor’s Office concluded the arrangement violated Washington state’s constitution as an unlawful gifting of public funds, the newspaper reported.
Chief operating officer Dave Soike will serve as interim CEO.
Adding to Fick’s woes, he faces a trial next month having been caught by police for drink-driving last year.
