The State Ports Authority board today approved salary increases to its top executives.
The board unanimously approved salary increases between $5,000 to $15,000 to the seven top managers in the state maritime agency, saying the increases reward their achievements.
President and CEO Jim Newsome received the biggest raise, which bumped his salary up 6.7 percent to $395,000.
Raises also were approved for six other port executives who report directly to Newsome. The next top earner is sales chief Paul McClintock, whose salary rose to $250,000 from $245,000.
"These are very well warranted," said SPA board Chairman Bill Stern. "We want to appreciate what every one of our senior staff is doing for the port and I think the numbers are reflective of a job well done."
The SPA has reported $63 million in revenue through the first five months of the current fiscal year. That's right at the plan set earlier this year by the board and 9.8 percent above the same four-month span a year ago.