posted on January 10, 2017 11:50
DRBA Commission Selects Thomas J. Cook to Lead Bi-State Agency
(New Castle, DE) The Delaware River and Bay Authority (DRBA) Commissioners unanimously approved Resolution 17-01 to appoint Thomas J. Cook of Kenton, Delaware to be the agency’s next Executive Director. The board action took place at a special meeting held in the James Julian Boardroom at the New Castle Administration complex.
“I appreciate and value the confidence that the Commissioners have in my abilities to lead the Delaware River and Bay Authority,” Cook said. “Public service is an important to me and the Authority operates and manages significant transportation infrastructure vital to our region. This is a great opportunity to use the myriad of skills and knowledge that I’ve gained throughout my professional career to make a difference for the citizens of Delaware and New Jersey. I look forward to working with the dedicated men and women of the Authority to further our transportation and economic development missions which have flourished under the leadership of the current Executive Director, Scott A. Green.”
Prior to joining the Authority, Mr. Cook served as the Secretary of Finance for the State of Delaware for nearly seven years. During his tenure, Delaware was one of only nine states to hold AAA bond rating from all three major rating agencies. As Delaware’s longest serving Finance Secretary, Mr. Cook led the development and implementation of the state’s sports lottery system and was one of the major architects responsible for updating Delaware’s corporate tax laws to incentivize businesses to locate in Delaware. Mr. Cook also served as Deputy Secretary of Finance, Government Information Center Manager, and State Election Commissioner during his 25 years in state government service.
“As Delaware’s Secretary of Finance, Tom Cook has a proven track record of tackling tough issues and achieving goals,” said William E. Lowe, III, Chairman of the DRBA. “Tom is a highly respected and experienced leader whose background makes him ideally suited for his new role as Executive Director. We look forward to working with him.”
“Mr. Cook has the right combination of government experience and business acumen to make a great agency even better,” added Vice Chairman James N. Hogan. “We’re pleased that Tom will lend his talents, leadership abilities and problem solving skills to the DRBA. He’s a great addition to lead our management team.” Mr. Cook, who officially begins his duties on February 6, 2017, is the Authority’s fifth Executive Director since its inception in 1962.
About the Delaware River and Bay Authority
The DRBA, a bi-state governmental agency created by Compact in 1962, owns and operates the Delaware Memorial Bridge, the Cape May- Lewes Ferry, the Forts Ferry Crossing and the Salem Business Centre in Carney’s Point Twp., NJ. The DRBA also manages corporate and aviation properties through its economic development powers - two airports in New Jersey (Millville Airport and Cape May Airport) and three in Delaware (New Castle Airport, Civil Air Terminal and Delaware Airpark). All DRBA operating revenues are generated through the bridge, ferry and airport facilities. For more information, please visit www.drba.net
PDF of Press Release