IndyGo President and chief executive officer Michael Terry has announced he will be leaving the transit company. He will continue to work with IndyGo while a search for a replacement is conducted.

The company's board of directors is currently drafting a contract with a firm to facilitate a national search for a new president. A search committee has also been formed with members of the board.

“I have focused my time at IndyGo on building a strong foundation for growth,” Terry said in a news release, “The organization is more stable than it has been in decades, and we are growing. Now it’s time to pass the baton.”