LOS ANGELES - Metrolink has selected Sam Joumblat, a veteran financial expert with over 30 years of business and engineering experience, as its chief financial officer and treasurer. Joumblat has been with the City of Long Beach since 2003, serving as the chief financial officer for the Port of Long Beach since 2006.
"After a thorough and exhaustive search, I could not be more pleased that Sam is going to be a part of the Metrolink executive team," said Metrolink CEO Michael P. DePallo. "Our agency has made significant strides in its financial controls and procedures, but having someone of Sam's expertise and experience to build upon these efforts is extraordinarily important. He has a proven record with financial management, auditing and has recently overseen the financial functions of a world-class seaport."
With trade valued annually at more than $155 billion, the Port of Long Beach is the second-busiest seaport in the United States.
"Sam is familiar with complex fiscal issues and we look forward to his leadership," DePallo said.
After serving three years as Long Beach's deputy city auditor, Joumblat managed the Port's debt issuance, accounting, revenue operations, financial reporting and analysis, along with the organization's accounts payable and budget coordination and oversight.
Joumblat earned three separate master's degrees from the University of Southern California, including an M.B.A. in finance and accounting, an M.S. in mechanical engineering and an M.S. in engineering management. He earned a Bachelor's of Mechanical Engineering from the American University of Beirut in 1976.
A certified public accountant and internal auditor, Joumblat began his career as an engineer with Rockwell International before transitioning to business, auditing and finance with the Atlantic Richfield Company (ARCO) and later with Arthur Anderson, LLP.
Joumblat will join Metrolink on March 17, 2014.
For additional details on Metrolink, please visit www.metrolinktrains.com .
ABOUT METROLINK (www.metrolinktrains.com)
Metrolink is Southern California's regional commuter rail service in its 21st year of operation. The Southern California Regional Rail Authority (SCRRA), a joint powers authority made up of an 11-member board representing the transportation commissions of Los Angeles, Orange, Riverside, San Bernardino and Ventura counties, governs the service. Metrolink operates over seven routes through a six-county, 512 route-mile network. Metrolink is the third largest commuter rail agency in the United States based on directional route miles and the eighth largest based on annual ridership.
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