New Jersey-headquartered Ports America, the largest marine terminal operator and stevedore in North America, has announced the appointment of Richard Surett as its new chief financial officer. Surett has been with Ports America since 2010 and most recently held the position of senior vice president, FP&A and treasury. He is an accomplished financial professional with more than 20 years of experience in mergers and acquisitions, debt and equity financings and financial planning and analysis.

"We are fortunate to have Rick assume his new role for Ports America," said Ports America President & CEO Mark Montgomery. "He is imminently qualified to take on the CFO duties, and his leadership and expertise will contribute toward the company's goal of expanding the logistics solutions we currently offer our clients."