EVERETT — The Port of Everett’s chief financial officer, John Carter, will retire later this year.
Eric Russell, a former senior director in the finance department at Vulcan, became the new CFO at the beginning of the month.
Carter, who joined the port in 2013, will remain in an advisory role during the transition.
“I want to thank John for his outstanding service to the Port of Everett,” Port Commission President Glen Bachman said in a news release.
Carter’s “talent to creatively think outside of the box to develop financing solutions for the Port, and his evident passion to enhance transparency in the budget process have been influential,” Bachman said.
Prior to working at Vulcan, new CFO Russell spent 11 years at the port as a senior accountant and information services manager, and later as director of properties and development.
“Eric’s extensive finance and real estate background in both the public and private sectors, paired with his prior experience in port operations, provide a critical skill set as we continue to push forward with our top strategic initiatives to modernize our Seaport facilities and create a new mixed-use waterfront community at Waterfront Place,” Bachman said.
Russell, an Everett native, is a graduate of Everett High School and Everett Community College. He holds undergraduate degrees in both business and accounting from Central Washington University.
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