Chief Financial Officer
Kevin Scott is the Chief Financial Officer of the Alameda Corridor Transportation Authority (ACTA), the intergovernmental agency formed by the cities of Los Angeles and Long Beach that oversees the dedicated section of railway (the “Alameda Corridor”) from the ports of Los Angeles and Long Beach to the transcontinental rail lines in downtown Los Angeles. Created to address growing concerns about increasing levels of ground traffic and pollution, the Alameda Corridor represents a $2 billion+ investment in rail-based transport. 15% of the nation’s container traffic rides this section of railway to Los Angeles and out to the rest of the nation.
Appointed CFO in 2020, Mr. Scott is responsible for planning, organizing, directing and coordinating the financial management of ACTA. As CFO, he partners with the CEO to advise and serve the Governing Board, manage external business relationships and ensure that ACTA can meet all its financial obligations.
Mr. Scott brings a unique depth of public finance and public policy experience.
Prior to his appointment, Mr. Scott most recently served as an independent advisor. He provided financial, strategic, and management advisory services to public sector clients including the Port of Los Angeles, Los Angeles World Airports, City of Los Angles and the County of Los Angeles. His advisory services were based on rigorous quantitative and qualitative analysis, clear communication of findings, and assisting clients with implementation.
Previously in his 35-year career, Mr. Scott was a financial advisor and investment banker. As financial advisor to state and local governments, he developed and implemented financings and policies for major infrastructure projects. Through thorough analysis of financing alternatives and clear delineation of clients’ business objectives and credit strengths, he sought to achieve the lowest cost and greatest flexibility for financing projects. As an investment banker, Mr. Scott specialized in tax-favored financings for governmental, non-profit and corporate entities. He managed complex work groups formed from representatives of organizations needed to successfully complete the transactions. Development of securities required innovative and attentive design to comply with government regulations and credit market conditions. His work was often carried out under significant public and media scrutiny.
Mr. Scott has had direct public sector employment as executive director of a bipartisan “fiscal watchdog” commission of the State of California. He transformed the commission into a key source of budget and economic information by offering credible, insightful and timely forecasts. Mr. Scott, presented findings in easy-to-understand formats to top state officials, print and television media, Wall Street analysts, and the public.
Mr. Scott holds a bachelor of arts in economics and Latin American Studies from Claremont McKenna College. He earned a Master in Business Administration from the Harvard Business School and a Master of Public Policy from the Harvard Kennedy School.