As Lehigh Valley International Airport strives to improve its financial picture, the organization tapped a new executive to step in.
The Lehigh-Northampton Airport Authority hired Todd Quann as the new director of finance and administration at Lehigh Valley International Airport in Hanover Township, Lehigh County.
In an interview, Charles Everett, executive director of LNAA, said Quann was chosen from a pool of 65 candidates.
"We are delighted to have him join our team," Everett said. "We look forward to his experience as we progress in our efforts to maintain financial sustainability."
Everett said the director of finance and administration is a consolidation of two positions. Quann replaces Connie Abercrombie, who served as the director of finance and accounting, and Sherri McTavish, the previous director of administration and finance.
McTavish was retained by AvPORTS Management LLC, a Dulles, Va.-based company that contracted with LNAA to provide airport management services.
Quann said he is looking forward to the challenge of helping the airport improve its finances.
"I'm inspired by the executive director, I like the challenge of where they are," Quann said. "After a while, everybody looks at things the same way. A new person will offer a fresh perspective. I'd like to bring some fresh air to a stressful situation."
He would like to bring new ideas and better financial reporting in his new role.
In financial reporting for the airport authority, 80 percent of the time is spent pulling the data and only 20 percent is spent analyzing it, Quann said.
"I'd like to flip that," Quann said. "With reporting, you need to use the existing systems that you have to a higher capacity."
While the organization's technology for financial reporting is a little behind, there are ways to save time and improve analysis methods, Quann said.
"The biggest challenge the airport faces is interaction with the community," he said. "The culture of 'we've always done it this way,' that's always the hardest part of any kind of change."
Financials are fairly cut and dry, but it gets more complicated when it comes to people and understanding why certain things are done, Quann said. The airport's stakeholders, including customers, board members and employees, are the people on the front lines who can see what needs to be changed.
"If everybody's on board, you can see the fruits of your labor," Quann said.
He has 14 years of experience working in the nonprofit sector and 25 years in the business world.
He previously served as associate executive director of finance at Community Action Committee of the Lehigh Valley Inc., a Bethlehem-based nonprofit. He has a master's degree in accounting through the University of Phoenix.