McGregor Resigns as VRT CEO, Simms Appointed Interim CEO

Two months after federal investigators raided the Virginia Regional Transit headquarters in Purcellville, investigators have not released any information about the case, according to VRT attorney Mary Gayle Holden. However, there has been a change in the leadership of the organization.

“We don’t know anything,” Holden said Wednesday when asked for an update on the Dec. 11, 2015, FBI raid.

She confirmed that VRT CEO Mark McGregor has resigned. He was nearing the end of his contract and planned to retire with his wife in Arizona, Holden said. “The [VRT] board reluctantly agreed,” she said.

McGregor also resigned his position on the board of the Purcellville Business Association.

Bruce Simms, whom McGregor had been grooming as his successor, has been named interim CEO. Holden said the VRT board would decide how to proceed for the future leadership of the company.

The nonprofit provides public transportation bus service in 11 Virginia jurisdictions. In its 2015 annual report, VRT reported total revenues of $4.7 million, including $1.38 million in federal funds, $508,500 from the state government and $190,000 from Loudoun County.

4 thoughts on “McGregor Resigns as VRT CEO, Simms Appointed Interim CEO

Leave a Reply

%d bloggers like this: