Port of Vancouver Approves New CEO's $202,000 Compensation Package
Julianna Marler’s role as CEO of the Port of Vancouver was cemented Feb. 14 when the board of commissioners voted 2-1 to approve the terms of her employment.
Marler is the first female CEO in the port’s 105-year history.
As compensation for leading the port, Marler will receive a $202,801 annual salary, a $500 monthly car allowance, a deferred compensation totaling 15% of her salary for a four-year term and a severance agreement valued at six months’ salary.
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“I look forward to working with our commissioners to ensure the port continues to be an economic engine and a good partner in building a strong and vibrant community,” Marler said in a news release.
Julianna Marler becomes first female CEO in 105 years of #portvanusa history: https://t.co/kvOoyFYAbC — Port of Vancouver (@portvanusa) February 14, 2017
Commissioners Eric LaBrant and Brian Wolfe voted in favor of the package. Commissioner Jerry Oliver voted no.
Oliver spoke highly of Marler’s credentials and leadership abilities but didn’t want the severance agreement to be included.
“I’m troubled when public executive employees have rich agreements that may not in any way reflect what staff would have. It seems eminently unfair to me,” he said.
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Marler’s predecessor as CEO, Todd Coleman, received an annual salary of $212,000. His deferred compensation was 10% of his salary over four years.
Coleman didn’t have a termination agreement.
As CEO, Marler wants to complete the port’s $275 million West Vancouver Freight Access project early in 2018. Among other goals are finishing the 125,000-square-foot Centennial Industrial Building and leasing it this summer, and progressing Terminal 1 along the Columbia River in downtown Vancouver toward redevelopment.
Marler served as interim CEO after Coleman left the port in May. While interim CEO, she also worked as the port’s top finance official. She has been with the port since 2008.
