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City Club of Cleveland - William Friedman, President, Cleveland-Cuyahoga County Port Authority
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.
October 14, 2011