MOTION

OF THE PORT OF SEATTLE COMMISSION

PPOINTING AND CONFIRMING A PUBLIC

MEMBER OF THE COMMISSION’S AUDIT

COMMITTEE FOR 2017-2019

JANUARY 24, 2017

TEXT OF THE MOTION

The Commission hereby appoints and confirms Christina Gehrke to serve a three-year term as a

public member on the Commission’s Audit Committee effective immediately and ending

December 31, 2019.

STATEMENT IN SUPPORT OF THE MOTION

In accordance with Article III, Section 6, of the Port of Seattle Commission Bylaws, the

Commission may from time to time establish standing and temporary committees as needed to

conduct specialized work. The Audit Committee is a currently constituted standing committee

under these provisions the purpose of which is to represent the Commission and exercise review

and oversight on matters relating to Port of Seattle auditing processes and procedures.

The Audit Committee is composed of two Port Commissioners and one non-Commissioner, who

participates as an independent public member with the accounting and auditing qualifications

described in the charter of the committee. The public member is appointed and confirmed by the

Port Commission and serves in an advisory capacity for a three-year term as described in the

committee charter. The position is a valuable addition to the sessions of the Audit Committee,

and is a voluntary public service on the part of public member.

Since 2011, the Commission has enjoyed the service of Christina Gehrke as its Audit Committee

public member. Ms. Gehrke is a highly experienced auditor, having served at the Federal Home

Loan Bank as Senior Vice President and Chief Administrative Officer for 8 years, managing the

bank’s Sarbanes-Oxley compliance program and audit services. She is currently the Senior VP,

CAO for Sound Community Bank and Principal Faculty for City University of Seattle, teaching

courses in auditing, accounting, and finance at graduate and undergraduate levels.

She has provided invaluable expertise to the Audit Committee and has contributed to

strengthening its role at the Port of Seattle. Ms. Gehrke has indicated her interest in continuing

to participate on the Audit Committee for a third three-year term, ending December 31, 2019.

The Commission is pleased to avail itself of her services.

Item Number: 4c_motion

Meeting Date: January 24, 2017