here's a great article refuting some of the spin the NO side is tossing about.
https://darylvsworld.wordpress.com/2015/02/23/referendum-myths-translink-exec-pay/
it does a very good job of disputing the "executive waste" argument by using facts to tell the real story of what's going on so people can make a fair comparison between translink and transit authorities in other areas.
tldr?
some of the arguments being used by the NO side are clearly wrong and misleading.
I can understand people wanting to decouple executive pay from performance, but I can tell you from living for 9 years in the Greater Toronto area the claims by darylvsworld made about transit in the Greater Toronto Area are BS.
The TTC does not have 9 commissioners. Burlington Transit and Milton Transit are pretty much the equivalent of Whistler Transit and Squamish Transit. They are a handful of routes, most of which don't run 7 days a week or run only during peak hours Monday to Friday. The TTC is the 900 pound gorilla of transit services in the GTA.
The comparison between the West Coast Express (a subsidiary of Translink) and Go Transit (an independent company owned by the Government of Ontario - "GO") is ill-advised. GO Transit is a massive bus and train operation unto itself. It has 25 times the ridership of the West Coast Express (62 million versus 2.8 million). Go Trains do not do one route but several different routes, each run twice the distance of the West Coast Express runs, eg Barrie, Oshawa, Niagara Falls, Kitchener to and from Toronto. There are also hundreds of GO bus trips a day that are more like a Greyhound bus service than a translink trip. Go Transit operates 480 buses, 65 locomotives, 497 rail coaches, 42 bus lines and 7 rail services.