The Port of Los Angeles has appointed Jeffrey Strafford as its new chief financial officer (CFO) who will oversee a wide range of the port’s financial affairs, including the port’s accounting, debt and financial analysis, and financial planning and analysis divisions.
Before assuming the interim CFO role last spring, Strafford served as the port’s director of financial planning & analysis, overseeing professional staff across the division’s two sections: financial analysis and budget.
His duties included administering the port’s US$2.6bn budget, improving fiscal systems, and overseeing forecasting, resource allocation and revenue optimisation among other financial processes.
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