Wednesday, September 04, 2013

Tampa International Airport CEO Joe Lopano up for another raise

TAMPA — Another day, another raise for Joe Lopano.

The chief executive officer of Tampa International Airport is poised to get his third raise in 20 months at Thursday's meeting of the Hillsborough County Aviation Authority governing board.

The chairman of the board, Robert Watkins, proposed the 5 percent merit raise for Lopano. If the board approves, the CEO's base salary would become $330,750 starting Oct. 1.

"I personally think he's done a fantastic job," Watkins said, "and performed beyond all expectations."

Lopano was hired in January 2011. In January 2012, the board voted to give him a $50,000 raise. Then in October 2012, the board voted for a 5 percent, or $15,000, merit raise. Lopano also had three contract extensions to go with the two raises during that 20 month span. The last extension was especially contentious — and potentially lucrative.

In May, the board voted 4-1 to extend Lopano's contract to 2018 and set up a $500,000 bonus for him to collect if he continues to run the airport for the next five years.

The only board member to vote nay was Tampa Mayor Bob Buckhorn, who vociferously opposed giving Lopano a bonus — it was the board's version of a non-compete clause — and extending a contract that already ran to 2016.

The board's discussion and vote of this latest raise should go much more smoothly. In preparation for Lopano's annual performance review Thursday, all five board members have already given him glowing written evaluations — even the mayor, who gave Lopano seven of the top "outstanding" grades and eight lesser "exceptional" marks.

Read more here:  http://www.tampabay.com