TORONTO – Ousted Pan Games CEO Ian Troop received a severance deal that includes a cash payment of $478,200.
The settlement also includes $3,500 in legal fees, $10,000 in outplacement payments, deferred retirement benefits including an RRSP worth $27,300 and medical benefits of $15,800.
Troop was fired in December and replaced by former Deputy Health Minister Saad Rafi.
The games have been the source of controversy for several months after it was revealed top executives were not only eligible for $7 million in bonuses should the games come in on budget but that some, including Troop, were billing taxpayers for a variety of expenses – from $8,551.19 for a Mexican hotel to 91 cents for parking. Other expenses included $1.89 for tea.
Troop’s severance payout won’t add to the games’ budget, said board chair David Peterson. Instead, the cost will be absorbed into the current multi-billion dollar budget.
Tourism and Sport Minister Michael Chan said the severance package was laid out in Troop’s contract.
But Progressive Conservative MPP Rod Jackson called for Chan to “take a little responsibility and resign.”
“It’s another added cost to the Pan Am Games for Liberals making poor decision in the first place and then having to pay taxpayers’ money to get out of it.”
The NDP criticized the Liberals for handing out an “Olympic-sized payday.”
NDP MPP Paul Miller suggested the Liberals should have capped CEO salaries and banned large bonuses.
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