Cleveland-Cuyahoga Port Authority Re-elects Officers

The Cleveland-Cuyahoga County Port Authority’s Board of Directors today elected officers to fill one-year terms, effective immediately.

The Board re-elected Robert C. Smith, Chair; Marc Krantz, Vice Chair; and Anthony Moore, Secretary. Smith is entering his fifth year of service on the Board, and this marks his second term as Chair.  Smith is President and CEO of Spero-Smith Investment Advisers Inc., a registered investment advisory firm.

“I’m honored to again serve as Chair and look forward to a very active year as we continue to implement our ambitious strategy to spur job growth and economic vitality on our waterfronts and throughout our region,” said Smith.

Krantz was appointed to the Port Board in 2009. He is the managing partner of the Kohrman Jackson & Krantz law firm.

Moore has been on the Board four years and was recently re-appointed to an additional four-year term by Mayor Frank Jackson. Moore is a partner with the law firm of Jones Day. During today’s Board meeting, Directors also voted to accept the unaudited 2011 financial results. Brent Leslie, Chief Financial Officer, noted that operating revenues increased by 22 percent, while operating expenses increased by only 3 percent compared to 2010.