Contact: Martha Richmond 503.415.6061

FOR IMMEDIATE RELEASE

PORTLAND, ORE. (Feb. 9, 2012) – Port of Portland Announces Leadership Change

Port of Portland Executive Director Bill Wyatt has announced changes to his management team that will serve to restructure the organization around functional lines in order to improve efficiency and reduce administrative costs. 

Sam Ruda

Sam Ruda, the Port’s former director of marine and industrial development now holds the newly created position of chief commercial officer and is responsible for all of the Port’s commercial and business development activities at the Port’s marine and aviation facilities and its commercial real estate holdings.

Vince Granato, the Port’s current chief financial officer, has stepped into the new role of chief operating officer and is responsible for all operations activities at the Port’s marine, aviation facilities and business parks. The Port has initiated a national search for a new chief financial officer. Granato will continue serving in that role as well until a replacement is found.

Vince Granato

Granato is a 24 year veteran at the Port with experience in virtually all areas of the Port including airfield and terminal operations, properties and real estate, and many years in the Finance area where he’s interacted with all areas of the Port. Ruda has served more than nine years as the Port’s director of marine and industrial development and helped to significantly improve the General Fund business lines both financially and operationally. Prior to joining the Port, Ruda worked for Nike where he served as director of global logistics, and before that had a long career in the global shipping industry in sales and marketing.

“Traditionally the Port has been organized by key business line—Aviation, which focused on Portland International Airport and our two general aviation airports—and Marine and Industrial Development, which focused on the Port’s four marine terminals and its five business parks. There were similar functions within each, so my purpose in this reorganization is to eliminate duplicate organizational structures, take advantage of the obvious synergies from locating like functional responsibilities within single work groups, place a very concentrated emphasis on our customers and business development (which accounts for 96 percent of our revenue) and, over time, reduce the cost of operating the Port while improving our business,” said Wyatt.

The Port has been working towards the consolidation of its operations for several years, combining the marine and aviation finance units and the marine and aviation security groups as well as relocating all administrative employees to its new headquarters building. The relocation of staff to the new building is facilitating these further changes which will increase efficiency and reduce costs over time.

The changes become effective today, February 9, 2012.

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Contact: Martha Richmond 503.415.6061



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