Vancouver: The Vancouver Port Authority's (VPA) Board of Directors is pleased to announce that they have elected George A. Adams as the VPA's new Chairman. Adams replaces David Stowe who stepped down after serving two three-year terms.

Adams joined the VPA's Board in 1999, served two terms to 2003 and was re-appointed to the Board in 2004. He served most recently in the positions of chair of the Governance Committee and member of the Audit Committee.

Adams has extensive experience within the marine and transportation industries in British Columbia. He was Vice-President, Transportation at MacMillan Bloedel, retiring in 1997 and was also the President and CEO of Canadian Transport Company. Adams has served as Director for many organizations including Empire International Stevedoring Services Ltd., Vancouver Maritime Museum and the Pacific Pilotage Authority of Canada. Adams is a Master Mariner, a Fellow of the Chartered Institute of Logistics and Transport and a Freeman of the City of London.

"I am honoured to have been elected by my fellow Board members to lead such an extraordinary organization," said Adams. "Together, the Board will continue its commitment to the adherence of good corporate governance while ensuring effective, efficient Port activities."

Elected by the Board as Vice Chairman is John T. Willcox. Willcox joined the VPA's board in 2003 after retiring as the President and CEO of Neptune Terminals in 2001. He has most recently served as chair of the Audit Committee and a member of the Governance Committee.

"On behalf of the Executive and Staff, I'd like to congratulate the Board on their choice of Mr. Adams as Chairman and Mr. Willcox as Vice Chairman," said VPA President and CEO, Gordon Houston. "They are outstanding members of the Board with extensive expertise and a deep understanding of Port activities. I look forward to working with them both in their new roles."

The Vancouver Port Authority's Board is responsible for overseeing the VPA's activities while ensuring it fulfills its mandate to provide facilities and services in the best interest of Canadians.

The Port of Vancouver is Canada's largest and most diversified port, trading $29 billion in goods with more than 90 trading economies each year. Port activities generate 62,000 jobs in total with $1.6 billion in Gross Domestic Product and $3.5 billion in economic output.

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For more information, please contact:

Anne McMullin,
Director, Corporate Communications and Public Affairs
Vancouver Port Authority
(604) 665-9069 (office)
(604) 665-9073 (fax)
(604) 218-1403 (cellular)
anne.mcmullin@portvancouver.com

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