His resignation follows the recent departure of tollway board chairman Will Evans, who was in a power struggle with Alvarez since 2019, when they both were hired.
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Gov. J.B. Pritzker appointed PNC exec Dorothy Abreu last month. PNC which over a decade has been involved in tollway borrowing deals totaling over $2 billion will stop work on tollway bonds and other state contracts.
State senators amended a law governing the Illinois tollway on Wednesday to clarify top executives roles, after concerns about a power struggle and overreach by leaders.