Rail CEO will not accept bonus - Hawaii News Now - KGMB and KHNL

Rail CEO will not accept bonus

Dan Grabauskas Dan Grabauskas
HONOLULU (HawaiiNewsNow) -

The executive director and CEO of the Honolulu Authority for Rapid Transportation says the project is in such deep financial trouble that he cannot accept a bonus this year.

Dan Grabauskas wrote a letter to board members saying, "Now simply is not the time."

It's unclear how much the rail boss is giving up, but he's received a $35,000 bonus each of the past two years.

The project is facing a $910-million dollar shortfall.

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