Make us your home page
Instagram

Hillsborough aviation authority chairman wants to give airport CEO big raise

How big a raise does Tampa International Airport CEO Joe Lopano deserve after nine months on the job?

His boss, Hillsborough County Aviation Authority chairman Steven Burton, says Lopano should get "substantially more'' than the 3 percent other agency employees received Oct. 1.

Burton wouldn't say Tuesday how much that meant, but it could be a lot.

"He should make what the top-tier (airport CEOs) in the country are making,'' Burton said. "He is simply that good."

A raise for Lopano is on the board's agenda Thursday.

Lopano earns a salary of $250,000 a year under his employment contract that went into effect Jan. 1.

He also receives a $49,000 pension contribution and $6,000 car allowance.

If the board gives him the 3 percent raise, Lopano's annual compensation would total $312,500.

But if board members decide to vault him into the range of top-paid airport CEOs, the numbers get much bigger.

At Dallas-Fort Worth International Airport, Lopano's previous employer, CEO Jeff Fegan earns a salary of $378,266 annually.

Last month, Jacksonville Aviation Authority board members gave airport CEO Steve Grossman a raise of $35,000 — or 14 percent— boosting his annual salary from $245,000 to $280,000.

Lopano's contract required the board to review his performance before his first year ended. The deal didn't address a raise.

But he received total annual compensation of $358,142 for the job he left at Dallas-Fort Worth International Airport.

Former board member Al Austin said Tuesday that authority general counsel Gigi Rechel told him restoring his compensation to the higher level was part of contract negotiations.

Contact Steve Huettel at huettel@sptimes.com or (813) 226-3384.

Hillsborough aviation authority chairman wants to give airport CEO big raise 10/04/11 [Last modified: Tuesday, October 4, 2011 10:42pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Tampa is 15th-most popular city to move to with U-Haul

    Markets

    TAMPA —Tampa is undoubtedly a destination point, at least according to U-Haul.

    Tampa is the No. 15 destination for people moving with U-Haul trucks. | Times file photo
  2. Florida's economy growing faster than other big states and far better than U.S. overall

    Business

    When it comes to economic growth, Florida's running alongside the leading states and well ahead of the United States as a whole.

  3. Westshore Marina District project takes shape with another acquisition

    Real Estate

    TAMPA — One of Tampa Bay's prime waterfront areas took another major step toward redevelopment Friday as WCI Communities bought 2.35 acres in Westshore Marina District.

    WCI Communities, Lennar's high-end subsidiary,has paid $2.5 million for 2.35 acres in the Westshore Marina District for 35 townhomes. WCI is under contract  to buy an additional 9.5 acres.
[BTI Partners]
  4. Posh Guy Harvey RV park to open in Tampa Bay with $250,000 cottages

    Business

    HOLIDAY — Love those Guy Harvey T-shirts with the soaring marlins? In the not too distant future, you might be able to kick back in your own Guy Harvey cottage in the first-ever Guy Harvey RV park.

    Renderings of the clubhouse and an RV cottage site of the planned Guy Harvey Outpost Club & Resort Tarpon Springs.
[Guy Harvey Outpost Collection]
  5. Port Tampa Bay secures $9 million grant to deepen Big Bend Channel

    Business

    Port Tampa Bay has secured a $9 million grant from the U.S. Army Corps of Engineers for the widening and deepening of the Big Bend Channel in southern Hillsborough County.