Thursday, April 10, 2014
Top Story
CFO at Port of Long Beach takes Metrolink job
One more port official has exited the Port of Long Beach now that Harbor Department acting CFO Thomas Franklin has resigned to take a job at Metrolink with his former boss, according to a port statement.
Franklin was appointed acting CFO last month when his former boss, Sam Joumblat, departed for a $225,000-a-year job at Metrolink, a regional commuter rail service that operates in a five-county section of Southern California. Joumblat’s new job pays $65,000 more than his former job with the port.
Franklin is taking a job as comptroller at Metrolink, reporting to Joumblat, beginning April 28. He will supervise the quality of accounting and financial reporting at the organization.
"I have a really good relationship with Sam, and he really is the reason why my job has been so enjoyable. He also is offering a salary comparable to what they’re giving me here in the port, but with no guarantee that I’ll become the CFO," Franklin said.
The port paid Franklin an annual salary of $158,184 in his role as acting CFO, said port spokesman Art Wong.
For more of the OC Register story: www.ocregister.com
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