Port of Tyne announces its new Chair as it continues to play a major role in the North East economy
The Port of Tyne has announced its new Chair.
South Shields-based Port of Tyne has announced the appointment of its new Chair.
Julia Prescot CBE will assume the role from July 1 as she brings her extensive experience in infrastructure, investment and leadership to the Port.
Since October 2019, Julia has served on the Board of the Port of Tyne and as Deputy Chair from July 2021.
Her appointment comes at a time when the Port is playing a major role in international market and the regional economy, while leading maritime innovation to support the transition to a greener economy.
Julia said: “I am very excited and honoured to be appointed as Chair of the Port of Tyne having been associated with the Board since 2019.
“The Port is well underway in its delivery of the long-term Tyne 2050 strategy, is undertaking major projects related to the green economy, technology-driven innovation, and regional economic regeneration.
“I am looking forward to working with the Board, the executive team and all our stakeholders in the North East to realise our vision of development, sustainability and operational excellence.”
The Port also paid tribute to outgoing Chair, Lucy Armstrong, who steps down after almost a decade in the role.
Matt Beeton, CEO of the Port of Tyne, commented: “We are delighted to welcome Julia as Chair and I look forward to working together to deliver the Port’s long-term vision.
“Julia brings extensive knowledge in investment, international business, finance, project development and management, having acted as an investor and adviser to governments and the private sector around the globe over many decades.
“We also extend our sincere thanks to Lucy for her outstanding leadership and contribution over the past nine years.”