The commission’s purpose is to provide a cost-effective means of financing various capital projects for Florida’s ports by issuing bonds and transferring the proceeds to the individual ports.
“The same attributes and leadership that have contributed to Paul’s successes in the private and public sector will be invaluable in his service to the FPFC,” Doug Wheeler, president of the Florida Ports Council, administrator of the FPFC program said.
Jim Citrano, newly elected chairman of the JAXPORT Board of Directors, said, “This is just the sort of high profile, meaningful leadership role the board envisioned for JAXPORT’s CEO. Paul’s peers recognize that his energy and expertise will help set the right priorities for Florida ports in order to move this state forward.”