The Delaware Senate recently confirmed Alan B. Levin, Director of the Delaware Economic Development Office, as the new Chairman of the Diamond State Port Corporation’s (DSPC) Board of Directors.
Established by the State of Delaware in 1995, the DSPC owns and operates the Port of Wilmington, Delaware. The Port of Wilmington is the largest banana port in the world and is the nation’s leading gateway for imports of fresh fruit and juice concentrates.
In December 2008, Alan B. Levin was nominated by then Delaware Governor-Elect Jack Markell to serve as the Director of Economic Development where he now serves as a Secretary in the Governor’s cabinet responsible for the business and economic strategies for the State of Delaware. Previously, Mr. Levin served as President, CEO and majority owner of Happy Harry’s, the tenth largest drugstore chain in the United States, until it was acquired by the Walgreen Company in July 2006.
During his tenure, he grew revenues tenfold to nearly half a billion dollars, 76 locations and 2,700 employees. Mr. Levin is also the Founding Partner of Innovation Capital Partners, a later-stage growth equity venture capital firm, where he has co-invested in such companies as Centice Corporation and Skill Survey.
Mr. Levin is a graduate of Tulane University and the Delaware Law School of Widener University. A member of the Delaware Bar, he served in the Delaware Department of Justice as a Deputy Attorney General and as Executive Assistant and Counsel to U.S. Senator William V. Roth, Jr. He serves as an Advisory Board member of Delaware State University School of Business and the University of Delaware’s Lerner College of Business and Economics, as well as adjunct faculty at the Wharton School of the University of Pennsylvania.
“We are very pleased that Governor Markell appointed Director Levin as the new Chairman of the Diamond State Port Corporation to serve in this extremely important position”, remarked DSPC Executive Director, Eugene R. Bailey. “Chairman Levin is a highly respected businessman and leader.
Delaware’s port and its business community will directly benefit from the leadership and business acumen of our new Chairman. His counsel will be invaluable for the future development of the Port of Wilmington and for international trade through our State,” he added.