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McAuliffe shakes up Va. Port Authority board

Thursday - 4/17/2014, 4:54pm  ET


RICHMOND, Va. (AP) -- Gov. Terry McAuliffe is shaking up the board that controls Virginia's ports.

McAuliffe announced Thursday that he's replacing five members of the Virginia Port Authority Board of Commissioners in attempt to improve the authority's fiscal management and return it profitability.

The new Democratic governor had telegraphed the changes during an address last week at a Hampton Roads Chamber of Commerce gathering. McAuliffe had ordered a review of the port's finances in January and said the port has lost $120 million over the last five years.

McAuliffe's shakeup of the board comes three years after former Gov. Bob McDonnell replaced 10 of the 11 members of the board selected by the governor. One of McAuliffe's new picks, attorney John G. Milliken, was removed by McDonnell.

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