When he retired as head of the Georgia Ports Authority, Curtis Foltz left with $2 million.
The money paid to the 56-year-old shipping and logistics expert included salary, bonuses, pension and other fees, according to documents obtained by The Atlanta Journal-Constitution.
While critics slammed the payout as an unnecessary golden parachute, port officials said the money Foltz received was fair and in-line with what other leaders of major ports on the East Coast receive.
Foltz worked at Georgia’s ports for more than a decade and for the past six ran the Savannah port, one of the country’s fastest growing. Savannah and Brunswick support thousands of jobs and $16 billion in direct economic impact to Georgia’s economy each year, according to a 2012 report by the University of Georgia.
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