October 14, 2011 at noon
On September 21, 2011, The Board of Directors for the Cleveland-Cuyahoga County Port Authority approved its long-term strategic plan (read article here.)
William D. Friedman became president and CEO of the Cleveland-Cuyahoga County Port Authority in June, 2010. Since that time the Port has aggressively pursued growth in its core maritime business and recently issued a Strategic Action Plan, defining an expanded role for the Port Authority squarely aimed at job creation and increased economic vitality for Cleveland and Cuyahoga County.
During Mr. Friedman’s first year the Port achieved a series of accomplishments. They include: initiating the Port’s first major capital investment on the lakefront in eight years, with plans to build an on-dock rail yard; reviving talks for a cross-lake ferry to Port Stanley, Ontario; providing financing for a range of major construction projects, including the $275 million Flats East Bank project; opening an 88-acre nature preserve on Lake Erie; reducing operating expenses by 25 percent; and, setting a new direction with the Port’s strategic planning work. The Port has proposed taking on a new role as steward of the lower Cuyahoga River to lead infrastructure and restoration initiatives that are critical to safeguarding the jobs, commerce and recreational activities that depend on the health of the river and the integrity of the shipping channel.
Mr. Friedman has more than 25 years experience in port management, real estate development, the international supply chain and multimodal distribution. He served as vice president of ports and logistics for Duke Realty Corp. from 2004 to 2009, helping the national real estate company bring distribution centers to major port markets and inland intermodal centers including the Rickenbacker Global Logistics Park in Columbus, Ohio.
As CEO of the Ports of Indiana from 2000 to 2004 Mr. Friedman increased net income, cargo volumes and private investments, resulting in a record $1.5 billion annual impact on Indiana’s economy. He also helped win passage of legislation to allow innovative port financing for economic development projects throughout the state.
Prior to that, Mr. Friedman served 10 years with the Port of Seattle in a variety of management roles including director of seaport strategic planning, general manager of cargo piers and industrial properties, and senior harbor development planner. Mr. Friedman’s planning work in Seattle laid the foundation for $600 million in terminal expansion projects at one of the nation’s busiest container ports.
He currently serves on the board of the American Association of Port Authorities and the Northeast Ohio Development Fund, a public-private partnership that deploys New Markets Tax Credits.
Mr. Friedman holds two degrees from Indiana University -- a bachelor’s degree in history, and a master’s degree in public administration with a concentration in urban and regional planning.