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. 4th. 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. The $2.4 billion
project, scheduled for completion in 2002, will speed the flow of cargo and
reduce traffic congestion 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, 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 strengthen ACTA’s management
team."
Martin, a Certified Public Accountant, 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, a staff auditor for the accounting firm of Ernst &
Young, and in various management positions at Bank of America. He holds a
Bachelor of Science degree in business administration from California State
University, San Bernardino.
"I’m thrilled to be able to join the team at the Alameda Corridor
Transportation Authority," Martin said. "It will be gratifying to
contribute to the success of the most important transportation project in the
country – a project that will be boon to the economy of not only Southern
California but the entire nation."