Two Port of Seattle Commissioners say CEO Tay Yoshitani needs to resign, or else.
Commissioner Rob Holland admitted Wednesday “the problem is the perception” with Yoshitani’s recent acceptance of a side position with a private company.
Expeditors International, a Seattle-based global logistics and freight firm, announced earlier this month that Yoshitani has accepted a position on the Board of Directors. The Port of Seattle says the position would pay him at least $30,000, a meeting per diem, and stock options.
Yoshitani currently makes $367,000 a year with the Port, in a contract slated to run through 2014.