CPA board members asked him to remain as the agency’s top executive at least after the bond indenture problem is addressed.
“I apologized board members but the time has come and I cannot stay longer for the reason of my forthcoming employment,” Cabrera said.
The board lauded the “progress” achieved by CPA under Cabrera’s leadership.
Cabrera will soon be joining the federal Transportation Security Administration as its Saipan manager.
Cabrera’s retirement was supposed to take effect in April, but the governor asked him to stay on with CPA until July, which was later extended to Aug. 31, and then Sept. 5.
“I already consulted this matter with the governor…and I will be providing an exit memo for the work transition to the board,” Cabrera said.
The CPA board is now considering the hiring of the man tapped by the governor to replace Cabrera — Efrain F. Camacho.
But Variety learned that Camacho is asking for a salary that CPA may not be able to afford.
The executive director’s position gets up to $70,000 a year, but Camacho’s “asking price” is $170,000.
Camacho’s appointment will be decided by the board when it meets today.
The board will also look into Camacho’s possible conflict of interest.
Camacho is president and owner of EFC Engineers & Architects which has ongoing contracts with CPA.
CPA’s legal counsel is expected to issue a legal opinion on this issue when the board convenes today.
