November 30, 2015 – Spencer Stuart has been retained by the Port of New York and New Jersey to lead its search for a chief executive officer.
The Port Authority’s board of commissioners has been conducting a search for the agency’s first CEO since Governors Christie and Cuomo endorsed the December 2014 recommendation of the Special Panel on the Future of the Port Authority that the bi-state agency appoint a single CEO selected by and accountable to the board of commissioners.
“The recent agreement among Governors Christie and Cuomo and the Obama Administration to fund the Gateway project is welcome news for the entire region,” said Port Authority chairman John Degnan. “Given the leadership role assigned to the Port Authority in this effort, we owe it to the board to make certain we have taken this substantial new responsibility into account in selecting our first CEO.”
“We have spoken with a number of impressive candidates,” said Port Authority vice chairman Scott Rechler.
The Port of New York and New Jersey is the gateway to one of the most concentrated and affluent consumer markets in the world. It is the largest port on the East Coast, and the third largest in the nation. It manages Port Newark, the Elizabeth-Port Authority Marine Terminal, the Howland Hook Marine Terminal, the Brooklyn-Port Authority Marine Terminal, the Red Hook Container Terminal, and the Port Jersey Port Authority Marine Terminal.
Contributed by Dale M. Zupsansky, Managing Editor, Hunt Scanlon Media