Alameda Corridor Agency Hires Chief Financial Officer.LOS ANGELES COUNTY--(BUSINESS WIRE)--Sept. 2, 1999-- The public agency building the Alameda Corridor rail cargo expressway has hired a chief financial officer with more than 20 years' experience in financial management and oversight. W. Dean Martin is scheduled to start work with the Alameda Corridor Transportation Authority (ACTA) on Oct. 4. He has served as chief financial officer with the Riverside County Transportation Commission since 1995. "Having somebody of Dean's stature and public-sector experience is critically important as we move well into full-scale construction, which requires strict adherence to financial controls," said Long Beach City Councilman Jeffrey A. Kellogg, chairman of the ACTA Governing Board. ACTA, a joint partnership between the cities and ports of Long Beach and Los Angeles, is building a 20-mile-long railroad cargo expressway from the ports to the transcontinental rail yards near downtown Los Angeles Downtown Los Angeles is the central business district of Los Angeles, California, located close to the geographic center of the metropolitan area. The sprawling, multi-centered megacity is such that its downtown core is often considered just another district like Hollywood or . The $2.4 billion project, scheduled for completion in 2002, will speed the flow of cargo and reduce traffic congestion The condition of a network when there is not enough bandwidth to support the current traffic load. congestion - When the offered load of a data communication path exceeds the capacity. by eliminating conflicts at more than 200 street-level railroad crossings. At ACTA, Martin will be responsible for financial management, including accounting, budgeting, debt management and policy development as well as administrative functions. ACTA Chief Executive Officer James C. Hankla hired Martin under authority previously granted by the Governing Board. "I conducted an extensive nationwide search and am quite pleased with the result," Hankla said. "With his strong background in public- agency financial management, Dean will unquestionably un·ques·tion·a·ble adj. Beyond question or doubt. See Synonyms at authentic. un·ques  tion·a·bil strengthen ACTA's management team."
Martin, a certified public accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. , spent more than nine years at the Riverside County Transportation Commission, first as controller and then as chief financial officer. Prior to that, he served as an internal auditor for the county of San Bernardino, as a staff auditor for the accounting firm of Ernst & Young and in various management positions at Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. . He holds a bachelor of science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree in business administration from California State University, San Bernardino California State University, San Bernardino is a state-funded university in San Bernardino, California, part of the California State University System. The university was founded in 1965. Enrollment annually tops 16,000 and is on pace to reach more than 20,000 by 2010. . "I'm thrilled to be able to join the team at the Alameda Corridor Transportation Authority," Martin said. "It will be gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. to contribute to the success of the most important transportation project in the country -- a project that will be a boon to the economy of not only Southern California but the entire nation." |
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