The Halifax Port Authority Board of Directors has renewed Karen Oldfield as President and Chief Executive Officer.

“The Board of Directors has renewed Karen Oldfield's contract for a term of five years effective January 1st, 2013. "We are pleased to have Karen's leadership role continue at the Port of Halifax,” says Geoff Machum, Chair, Halifax Port Authority Board of Directors.

Machum noted "Ms. Oldfield and her management team have been instrumental in guiding our Port through challenging times, ensuring diversification and significantly enhancing our outreach to new markets while building our infrastructure capabilities and maintaining a solid financial base. We see positive signs that our diverse business is performing well with great potential into the future as global and local economic conditions continue to improve.”

Ms. Oldfield's new contract will expire December 31st, 2017.