Press Release Article


PORT AUTHORITY ELECTS OFFICERS AT BOARD MEETING

Date: Apr 26, 2006
Press Release Number: 33-2006

The Port Authority of New York and New Jersey’s Board of Commissioners today re-elected Anthony R. Coscia of North Caldwell, N.J. as Chairman of the bistate agency, and Charles A. Gargano of New York City as Vice Chairman. The Board also re-elected Kenneth J. Ringler Jr. of New York City as Executive Director, and re-elected Darrell Buchbinder of Larchmont, N.Y. as General Counsel. In addition, Mr. Coscia announced that James P. Fox of Lambertville, N.J. would continue to serve as Deputy Executive Director.

The Board also re-elected A. Paul Blanco of Tomkins Cove, N.Y. as Chief Financial Officer; Karen E. Eastman of Old Bridge, N.J. as Secretary; Anne Marie Mulligan of Aberdeen, N.J. as Treasurer; Michael Fabiano of Rutherford, N.J. as Comptroller; and John D. Brill of Centerport, N.Y. as Director of Audit.

Mr. Coscia, Mr. Gargano and Mr. Ringler were re-elected as Chairman, Vice Chairman and President, respectively, of the Port Authority’s subsidiaries: the Port Authority Trans-Hudson Corporation (PATH); the Newark Legal and Communications Center Urban Renewal Corporation; and the New York and New Jersey Railroad Corporation.

Ernesto L. Butcher of South Orange, N.J., the Port Authority’s Chief Operating Officer, was re-elected Vice President and General Manager of the PATH rapid-transit system, and Vice President and Secretary of the New York and New Jersey Railroad Corporation. Michael B. Francois of Warren, N.J., the agency’s Chief of Real Estate and Development, was re-elected Vice President and Secretary of the Newark Legal Center Corporation. Mr. Buchbinder, the Port Authority’s General Counsel, also serves as Counsel to the subsidiaries.

The Chairman serves as chief executive officer and principal policy spokesman for the 12-member Board of Commissioners. The Board’s members – six from each state – are appointed by the governors of their respective states. Each appointee is subject to the approval of the respective state Senate.

Mr. Coscia, who has served as Port Authority Chairman since April 2003, is a partner in the law firm of Windels Marx Lane & Mittendorf, LLP, and serves on the firm’s Executive Committee. Mr. Coscia previously served as Chairman of the New Jersey Economic Development Authority, one of the largest state-sponsored development banks in the United States with more than $2 billion in assets and $14 billion in financings.

Mr. Gargano has served on the Port Authority Board since April 1995. He currently serves as Chairman and CEO of the Empire State Development Corporation, New York State’s economic development agency. He is a former U.S. Ambassador to the Republic of Trinidad and Tobago and Deputy Administrator of the federal Urban Mass Transportation Administration. Mr. Ringler has served as Executive Director since October 27, 2004. He previously served as New York State Commissioner of General Services. From May 1999 through March 2001, Mr. Ringler served as Executive Deputy Commissioner at the New York State Department of Motor Vehicles, where he was responsible for all divisions within the department. Previously, Mr. Ringler was First Deputy Secretary of State from May 1996 through May 1999.

Before joining state service, Mr. Ringler had an extensive career in government and business. He was the supervisor of the Town of Bethlehem in Albany County from 1990 to 1993, and also has been a private business owner.

Mr. Fox, a veteran of state and federal public service, has served as Deputy Executive Director since November 2004. He previously served as Chief of Staff for New Jersey Governor James E. McGreevey; Commissioner of the New Jersey Department of Transportation; Chief of Staff to former U.S. Senator Robert G. Torricelli; Executive Director of the National Democratic Senatorial Campaign Committee; Director of Intergovernmental Affairs for the New Jersey State Senate; State Director for U.S. Senator Frank Lautenberg; and Deputy Chief of Staff for former New Jersey Governor Jim Florio.

The Port Authority of New York and New Jersey operates many of the busiest and most important transportation links in the region. They include John F. Kennedy International, Newark Liberty International, LaGuardia and Teterboro airports; AirTrain JFK and AirTrain Newark; the George Washington Bridge and Bus Station; the Lincoln and Holland tunnels; the three bridges between Staten Island and New Jersey; the PATH (Port Authority Trans-Hudson) rapid-transit system; the Port Authority-Downtown Manhattan Heliport; Port Newark; the Elizabeth-Port Authority Marine Terminal; the Howland Hook Marine Terminal on Staten Island; the Brooklyn Piers/Red Hook Container Terminal; and the Port Authority Bus Terminal in midtown Manhattan. The agency also owns the 16-acre World Trade Center site in Lower Manhattan.

The Port Authority is financially self-supporting and receives no tax revenue from either state.



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