Ports America



Nipul Patel Appointed as Executive Vice President and Chief Financial Officer of Ports America

Morristown, NJ – Ports America, the nation's leading marine terminal operator and stevedore, recently appointed Nipul Patel as its new Chief Financial Officer. In this role, Nipul will oversee all aspects of the company’s financial operations and strategy including leading sales, marketing, and business development teams, and identifying new market opportunities.

Nipul is an accomplished finance executive who brings 20+ years of experience within public and private equity environments. For the past five years, he served as CFO of Array Technologies, a publicly traded company with annual revenues ~$1.6B and a market cap of $4B. He has significant experience in leading a company through high growth and significant change – Array more than doubled in revenue during his tenure, from $650M to $1.6B. Simultaneously, Nipul navigated supply chain challenges, volatile steel prices, two acquisitions, two debt financings, and an IPO process and related team build-out.

Previously, he held leadership roles in FP&A at two publicly traded electronics companies: Benchmark Electronics and Avnet. Nipul gained foundational training from Honeywell Aerospace, CBIZ, Goodrich Aerospace, Henkel, and Arthur Andersen. He earned his BS in Business Administration from Miami University, his MBA from Case Western Reserve University, is a CPA and a Six Sigma Green Belt.

“Nipul’s extensive experience in financial management and complex corporate strategy offers Ports America key perspectives that will propel the business’s competitive positioning and allow us to continue on the path towards asset and service optimizations,” said Matthew Leech, President and CEO. “Nipul’s approach to leadership is aligned with Ports America’s culture and values, making him a natural fit for our organization.”