The News Herald (Willoughby, OH)

Agency picks interim leader

Timothy Cahill named interim executive director of Port Authority

- By Chad Felton cfelton@news-herald.com @believetha­tcfnh on Twitter

“It’s been an honor to work with this talented team at the Port Authority. I’m very happy to serve in this capacity as our Board conducts a thorough search for our next director.”

—Timothy Cahill

The Lake County Ohio Port and Economic Developmen­t Authority has announced the appointmen­t of Timothy Cahill as its interim executive director.

Cahill began his service at the Port Authority in 2015 in the dual roles of director of public finance and controller.

In the capacity of director of public finance, Cahill has assisted several projects in obtaining bond financing which allowed the organizati­on to expand existing businesses or begin new businesses in Lake County, bringing jobs and economic growth to the region.

In the role of controller Cahill, along with the bookkeepin­g staff, have earned Ohio Auditor of State Awards for excellence in financial reporting for the years 2016, 2017 and 2018.

In his first full year with the Port Authority, Cahill was voted “Economic Developmen­t Rookie of the Year” by the Ohio Economic Developmen­t Associatio­n.

Cahill will be keeping his current duties while simultaneo­usly serving as executive director until the board appoints a permanent replacemen­t for Mark Rantala, who retired last month after serving in the position for nearly seven years.

Cahill is a native of Lake County and a graduate of Marquette University. He holds a master’s degree from Lake Erie College and brings over 25 years of commercial lending and community developmen­t experience, and a network of relationsh­ips in Lake County.

“It’s been an honor to work with this talented team at the Port Authority,” Cahill said. “I’m very happy to serve in this capacity as our Board conducts a thorough search for our next director.”

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