PORT OF LOS ANGELES APPOINTS MARLA BLEAVINS AS CHIEF FINANCIAL OFFICER

SAN PEDRO, Calif. — January 12, 2015 — The Port of Los Angeles has appointed Marla Bleavins as its Chief Financial Officer. Bleavins will oversee the Port’s financial affairs, which include accounting, financial management, debt and treasury, risk management and audit functions. She will manage approximately 60 employees and report to Molly Campbell, Deputy Executive Director of Finance and Administration. Bleavins begins her duties today.

“Marla brings an outstanding, results-oriented public finance track record to the Port,” said Port of Los Angeles Executive Director Gene Seroka. “With her extensive knowledge of the City of Los Angeles and its financial structures, she will help us maximize the financial performance of all our Port assets.”

Bleavins replaces Karl Pan, who retired last week after eleven years with the City of Los Angeles, including the last six years at the Port.

Bleavins most recently served as the Assistant General Manager for Finance and Administration at the City of Los Angeles Department of Convention and Tourism Development. Prior to that, she served as a Project Manager and Debt and Treasury manager at Los Angeles World Airports.

She began her career at the City of Los Angeles as a Budget Analyst and then as a Finance Specialist in the Office of the City Administrative Officer. During her tenure with the City, Bleavins managed close to $6 billion in bond financings that funded capital projects at Los Angeles International Airport and throughout the City.

“I’m very excited to join the Port team,” said Bleavins. “This position will not only provide me a unique opportunity to support the strategic vision of the Port as a vital part of our regional economy, but also allow me to continue my commitment and career with the City of Los Angeles.”

Bleavins holds a Bachelor of Arts degree in public policy and political science from Stanford University. She earned her Master’s degree in business administration from the Wharton School at the University of Pennsylvania.

The Port of Los Angeles has maintained a “AA” long-term bond rating by Standards and Poor’s (S&P) since 1995. The Port also holds equivalent ratings from Moody’s Investors Service (Aa2), and Fitch Ratings (AA). These are the highest ratings given to a port authority without taxing authority.

The Port of Los Angeles is America’s premier port and has a strong commitment to developing innovative strategic and sustainable operations that benefit the economy as well as the quality of life for the region and the nation it serves. As the leading seaport in North America in terms of shipping container volume and cargo value, the Port generates more than 830,000 regional jobs and $35 billion in annual wages and tax revenues. The Port of Los Angeles – A cleaner port. A brighter future.