The State Ports Authority board today approved pay increases ranging from $5,000 to $20,000 a year for its top managers, saying the higher salaries are needed to stay competitive with neighboring ports.
President and CEO Jim Newsome received the biggest raise, which bumped his salary to $370,000.
Raises also were OK’d for six other port executives who report directly to Newsome.
The SPA noted that its senior compensation remains well below that for comparable positions at its closest rival, the Georgia Ports Authority.
See upcoming editions of The Post and Courier for more details.
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