Order 2022-07 – Public Member Appointment to the Audit Committee Page 1 of 2
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ORDER
NO. 2022-07 4
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AN ORDER OF THE PORT OF SEATTLE COMMISSION 6
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… Appointing a Public Member to the Port of Seattle Audit 8
Committee. 9
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PROPOSED 11
MAY 24, 2022 12
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INTRODUCTION 14
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Until December 2021, Christina Gehrke served the Port of Seattle (Port) Commission as the Audit 16
Committee Public Member. Christina had played a pivotal role by serving as an independent 17
advisor and subject matter expert on Internal Audit matters, risk and internal control assessments, 18
and governance. Christina’s tenure began in January 2011 and ended in December 2021. 19
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Since Christina Gehrke’s departure, an extensive recruitment effort has taken place, with the Port 21
reaching out to key parties through various means. These include advertising the position on 22
LinkedIn; the Washington Society of Certified Public Accountants; and the Institute of Internal 23
Auditors Puget Sound Chapter. Additionally, the Port has conducted personalized outreach to 24
select organizations and individuals within the Seattle audit and business communities. 25
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TEXT OF THE ORDER 27
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The Port Commission, in accordance with the Audit Committee Charter, hereby appoints and 29
confirms Sarah Holmstrom to serve a three-year term as the Public Member on the Port 30
Commission’s Audit Committee, effective June 1, 2022, and ending May 31, 2025. 31
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STATEMENT IN SUPPORT OF THE ORDER 33
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On March 31, 2009, the Port Commission, through Resolution No. 3613, amended the Audit 35
Committee Charter to require a public member serve on the Committee in the capacity of a non-36
voting expert advisor. The Audit Committee represents the Commission and provides review and 37
oversight authority on matters relating to the Port’s auditing process and procedures. 38
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The Audit Committee is composed of two Port Commissioners and one Public Member with the 40
accounting and auditing qualifications described in the Audit Committee Charter. The Audit 41
Committee recommends a new Public Member for appointment and confirmation by the 42
Commission. 43
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Ms. Holmstrom is a Certified Public Accountant (CPA) with over 15 years of experience working 45
with various federal, state, and local governmental agencies. She served as Chief Financial Officer 46
Agenda Item: 8k_Order
Meeting Date: May 24, 2022
Order 2022-07 – Public Member Appointment to the Audit Committee Page 2 of 2
for over ten years with two Native American organizations in Washington State. Currently, Sarah 47
is a Finance Leader for Amazon Web Services working in infrastructure financial planning and 48
analysis. 49
