Tuesday, March 20, 2012

Port of Portland Names New CFO

Cindy Nichol, the finance director at San Francisco International Airport, has been tapped to become the Port of Portland’s new chief financial officer, the port announced March 14.

Nichol, who joins the port April 16, was hired to replace Vince Granato, who was named Portland’s chief operating officer Feb. 9.

Nichol had been the airport’s finance director since 2008. She began her career at the Massachusetts Port Authority, and had worked on debt issuance, budgeting, revenue enhancement and rate setting for the Authority’s airport, seaport, real estate, and bridge facilities.

“I couldn’t be more pleased to add someone of Cindy’s caliber to our management team,” Wyatt said in a statement announcing the hiring. “She brings a wealth of experience in airport and seaport financial planning and economic analysis, from both the airport management and consulting perspectives that will serve the port well as we address the challenges and opportunities of the changing global marketplace.”

The hiring was the latest move in a shakeup of top management at the port that Wyatt set in motion in early February.

In addition to Granato being named COO, Sam Ruda, the port’s former director of marine and industrial development, was named by Wyatt to the newly created position of chief commercial officer, where he’s responsible for the commercial and business development activities at the port’s marine and aviation facilities and its commercial real estate holdings.