The Port Authority of New York and New Jersey last week launched a nationwide search for a chief financial officer to replace Michael Fabiano, who has announced he will retire at the end of this year.
The CFO oversees the agency’s multi-billion annual capital and operating budget and other critical financial matters, and serves as a key business partner to the executive director and the deputy executive director.
Fabiano has worked for the agency for more than 36 years, including the last two as the port’s top financial executive.
“Mike is a consummate professional who has helped us to begin to focus on transportation infrastructure projects and economic growth,” said the authority’s chairman, David Samson. “We must now find the right person to continue his work.”