Ports Authority financial exec. retires

South Carolina Ports Authority Senior Vice President of Finance and Administration/Chief Financial Officer Peter Hughes is retiring, effective during a finish of a 2017 mercantile year. Stan Van Ostran, former clamp boss and CFO of Metropolitan Nashville Airport Authority, has been comparison as Hughes’ deputy and will assume a position on Jul 1, a commencement of a 2018 mercantile year.

SCPA comparison Stan Van Ostran, an profession and CPA with 35 years of on-going financial experience, to join a Port on May 1. In his prior position, Van Ostran managed all mercantile activities of a $120 million bill and destined some-more than $1.5 billion of bond issues. He also has estimable believe with a slip of buying programs with vast annual spends and risk management, and served as a administrator for a Oklahoma Lottery Commission for 3 years before fasten a Metropolitan Nashville Airport Authority. Before a Lottery Commission, he oversaw a financial and information record functions of a Oklahoma Department of Central Services.

“Peter’s contributions to SCPA during his prolonged career here, and quite on a comparison government team, are too countless to name,” pronounced Jim Newsome, SCPA boss and CEO. “His estimable knowledge, competence, firmness and judicious meditative have been a good asset. He has been an indispensable apparatus for me privately in my 7 years during a Port, and we pronounce for many when we contend that we admire his estimable accomplishments as a conduct of a financial and administration departments.”

Hughes is a 34-year maestro of SCPA. Promoted to CFO in 1996 and comparison clamp boss in 2010, Hughes is obliged for all financial, procurement, risk management, genuine estate and executive functions of a Port. He will continue to work for SCPA in a project-based consulting capacity, focusing on SCPA’s new categorical bureau construction, a sale of non-port-operated genuine estate, execution of a FY2017 financials and ubiquitous support for a new CFO.

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