Executive Hired at Port of Long Beach
Commission approves selection of Managing Director of Finance and Administration
July 20, 2017
The Long Beach Board of Harbor Commissioners last week approved a new leader to head the Port of Long Beach’s Finance and Administration Bureau.
Sam Joumblat, the Chief Financial Officer of Total Transportation Services Inc., is returning to the Port as Managing Director of Finance and Administration. The key financial position manages an annual budget of $750 million and this decade's $4 billion, 10-year capital improvement program — the largest of any seaport in the nation.
The Finance and Administration Bureau comprises the Port’s Finance, Information Management, Real Estate and Risk Management divisions. The previous leader of the bureau retired late last year.
“I'm pleased to welcome Sam back to join our Port family,” said Port of Long Beach Executive Director Mario Cordero.
“Sam has the years of experience needed to maintain and improve the Port’s strong financial position,” added Harbor Commission President Lori Ann Guzmán.High-resolution photo of Joumblat is available here.
Joumblat’s last stint at the Port was from 2006 to 2014, as Chief Financial Officer. Prior to that, he served as Deputy City Auditor with the City of Long Beach. He also has long experience in private industry, as a Senior Manager with Arthur Andersen and 15 years with Atlantic Richfield Co., where he held a number of managerial positions that included supervising internal auditing, general accounting, contracting, information technology and environmental health and safety. Joumblat, a Certified Public Accountant and Certified Internal Auditor, was named 2012 Chief Financial Officer of the Year for a Government Entity by the Los Angeles Business Journal. He holds a bachelor’s degree in mechanical engineering and master’s degrees in business administration, mechanical engineering and industrial engineering from the University of Southern California.
The appointment of Joumblat is effective Aug. 7, 2017.