November 8, 2001
If you know me, you know that I love complaining about Massachusetts
politics.
Virginia Buckingham, the executive director of Massport (which runs
Boston Logan Internation Airport, among other things), announced her
resignation from this position. She couldn't take the heat following
the September 11 event.
In a crass waste of taxpayer money, the Massport executive board voted
to give Ms. Buckingham a generous severance package and consulting
arrangement valued somewhere around $200k.
Come on now, a severance package for somebody who's voluntarily
resigning????
I'd love to get a year's-plus salary for every job I resigned
from. The fact of the matter is, it just doesn't happen. Severance
packages are awarded in part to prevent lawsuits stemming from
terminations (they are accompanied by legal agreements, such as
hold harmless agreements), and in part as guilt money for
terminating somebody who was otherwise a loyal and productive
employee.
But Virginia Buckingham wasn't terminated. She quit the game. She
didn't pass go, and based on private-sector norms she is clearly
undeserving of the cash. Period. End of story.
So why is she still getting it? Only Governor Jane Swift knows, and
she's not explaining anything. Welcome to Massachusetts.
I called Governor Swift's office today to complain. If the sorry
state of Massachusetts politics bothers you, I'd recommend you do
likewise. Her number is 617-727-6250.
On the other hand, if you do think the gift is appropriate, try asking
your employer for a year's salary the next time you submit your
resignation.