Metro's CFO Resigns In Wake Of Damning Federal Audit | WAMU 88.5 - American University Radio

WAMU 88.5 : News

Filed Under:

Metro's CFO Resigns In Wake Of Damning Federal Audit

Three weeks after a draft Federal Transit Administration audit uncovered deep mismanagement of grant dollars at Metro, the transit authority’s chief financial officer has announced her resignation.

Carol Kissal, Metro's CFO for the past five years, informed general manager Richard Sarles “she is resigning effective May 16, 2014 to take a position in the private sector,” according to a memo Sarles distributed to WMATA staff today.

While Metro says Kissal is leaving voluntarily, the timing of her departure is raising the question of whether she pushed out. The audit, leaked to the Washington Post last month, discovered no-bid contracts, broken contracting rules, and favored vendors at a time when Metro management is asking the public for billions more to expand its rail system.

In his memorandum today and in remarks to reporters on April 7, the day the Metro board voted unanimously to approve resolutions dealing with the audit’s findings, Sarles praised Kissal’s work in reforming the authority’s once woeful fiscal practices.

“Carol Kissal has done a good job here. She has outlined a lot of the progress that we've made over the past few years,” Sarles said. Kissal was standing right next to her general manager when he spoke those words, and she defended her record.

“I feel really confident and very proud of the work we've done. When I got here in 2008, and what was before us was a big task, so we've actually made a lot of progress. And it was all geared toward fixing the system that was put in place in 2007. And it was geared toward providing more transparency and accountability. That's what the FTA wants,” Kissal said on April 7.

A Metro spokesman declined to comment on where Kissal is going and said she is unavailable for comment.

Executive Leadership Announcement


Join The 'Morning Edition' Book Club As We Read 'A God In Ruins'

Gone Girl author Gillian Flynn, who selected the book, tells NPR's David Greene that Kate Atkinson is "one of those writers that really can make you weep on one page and laugh on the next."

'Bourbon Empire' Reveals The Smoke And Mirrors Of American Whiskey

A new book suggests that tall tales on craft bourbon labels are the rule rather than the exception. They're just one example of a slew of "carefully cultivated myths" created by the bourbon industry.

Can Huckabee Overcome The 'New Car Smell' of Other Candidates?

This isn't Mike Huckabee's first time at the GOP presidential rodeo. He had the advantages of being a novelty upstart underdog in 2008. That's not the case this time around.

As Emoji Spread Beyond Texts, Many Remain [Confounded Face] [Interrobang]

There's a growing tendency to bring the tiny hieroglyphs off of phones, but not everyone is fluent. New takes on emoji integration suggest misunderstanding may be remedied with universal translation.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.