Everett's CFO Karen Clements to Retire

The Port of Everett’s Chief Financial Officer Karen Clements will be retiring in September 2013 after 18 years as a port employee.

As CFO, Clements is responsible for the port’s $56 million-plus capital and operating budgets, its investment portfolios, risk management, bond issuance and overseeing information technology.  During her tenure, she led the port to 15 consecutive years of clean audits.

She also participated in union negotiations, led staff efforts for the state and federal audits and managed the port’s industrial development corporation. Further, because of her skills and track record, the port commission has appointed her treasurer and auditor for the port’s financials for the past 17 years. 

“We were so lucky to have such a fine steward of public resources all these years,” said Port Commissioner Tom Stiger. “Karen did a fantastic job managing the port’s assets, and hers will definitely be big shoes to fill. I know for a fact, that I will be spending these next nine months picking her brain to get as much of her financial knowledge as I can before she leaves.” 

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