Chief
12-26-2007, 05:30 PM
VANCOUVER, Wash. – The Vancouver Port Commission, in its final meeting of 2007 on December 21, voted to increase the salary of Executive Directory Larry Paulson, effective January 1, 2008.
Paulson’s salary in 2008 will be $159,120, a 4 percent increase over his 2007 salary. He will also continue to receive a $500 per month car allowance, which – per his recommendation – will not increase from the previous year.
Commissioners Arch Miller, Brian Wolfe and Nancy Baker praised Paulson for his work as the leader of the port’s staff, and for all of his hard work on behalf of the port.
“We are all very happy with our executive director,” Miller said during the commission’s discussion of the salary. “Larry, we hope you will stay here for many years before you retire.”
In another unanimous decision, the commission voted to establish a separate retirement account for Paulson that will deposit $23,868 per year for two years into, effective April 1, 2008.
“We had an outstanding year in 2007,” Wolfe said. “I think we should do the best we can in rewarding Larry for a great year.”
“In the corporate world, a CEO would get $1.5 million for a year like the year we had,” Miller said. “We can’t do that. But we should do the best we can.”
The Port of Vancouver USA, created by Clark County taxpayers in 1912, is one of the major ports on the Pacific Coast. Its competitive strengths include available land, versatile cargo handling capabilities, vast transportation networks, a dependable labor force and an exceptional level of service to its customers and community.
– POV –
Contact: Nelson Holmberg
(360) 992-1107 – direct
(360) 518-2553 – mobile
email: nholmberg@PortVanUSA.com
And worth every cent...
;D
Paulson’s salary in 2008 will be $159,120, a 4 percent increase over his 2007 salary. He will also continue to receive a $500 per month car allowance, which – per his recommendation – will not increase from the previous year.
Commissioners Arch Miller, Brian Wolfe and Nancy Baker praised Paulson for his work as the leader of the port’s staff, and for all of his hard work on behalf of the port.
“We are all very happy with our executive director,” Miller said during the commission’s discussion of the salary. “Larry, we hope you will stay here for many years before you retire.”
In another unanimous decision, the commission voted to establish a separate retirement account for Paulson that will deposit $23,868 per year for two years into, effective April 1, 2008.
“We had an outstanding year in 2007,” Wolfe said. “I think we should do the best we can in rewarding Larry for a great year.”
“In the corporate world, a CEO would get $1.5 million for a year like the year we had,” Miller said. “We can’t do that. But we should do the best we can.”
The Port of Vancouver USA, created by Clark County taxpayers in 1912, is one of the major ports on the Pacific Coast. Its competitive strengths include available land, versatile cargo handling capabilities, vast transportation networks, a dependable labor force and an exceptional level of service to its customers and community.
– POV –
Contact: Nelson Holmberg
(360) 992-1107 – direct
(360) 518-2553 – mobile
email: nholmberg@PortVanUSA.com
And worth every cent...
;D