Fired Pan Am Games CEO Ian Troop rewarded more than $500,000 severance

Fired Pan Am Games CEO Ian Troop will receive more than $534,000 in severance after he was dismissed in December.

Troop’s severance package from the 2015 Pan Am/Parapan Games organizing committee (TO2015) includes a cash payment of $478,200, a $27,300 RRSP, $15,800 for health and medical benefits, as well as other payments.

The TO2015 board said in a statement that the costs will come out of its projected $1.4-billion budget and will not be passed on directly to the taxpayer. “The costs arising from this agreement will be absorbed into the Games’ overall budget,” said board chair David Peterson in a statement.

The province pegs the total budget, including construction of the athlete’s village in the West Don Lands and a new CFL stadium in Hamilton, at $2.5 billion.

Troop served as CEO of the organizing committee for three years from 2010 to 2013. He was dismissed in December after weathering an expenses scandal in the fall that revealed Troop and other high-paid executives were writing-off cups of tea and other small items.

Troop was paid $477,000 in 2012 including his bonus.

Organizers gave no reason at the time for Troop’s dismissal.

Former Ontario deputy minister of health Saad Rafi took over from Troop in January.

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