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PhilaPort CEO Jeff Theobald to retire after decade of leadership

The Philadelphia Regional Port Authority announced that CEO and Executive Director Jeff Theobald will retire June 30, 2026, concluding a decade marked by significant growth and modernization at the Port of Philadelphia.

Theobald joined PhilaPort in 2016 and led the organization through a period of expansion that more than doubled cargo volumes, secured more than 180 acres for future development and positioned the port among the fastest-growing gateways on the U.S. East Coast.

“Jeff’s leadership has been instrumental in shaping the port’s success over the past decade,” said Mike Pearson, chairman of the Philadelphia Regional Port Authority board of directors. “His vision and ability to execute complex projects transformed PhilaPort into a world-class gateway.”

During Theobald’s tenure, PhilaPort completed the Delaware River Deepening Project, allowing larger vessels to call on Philadelphia. The port also expanded terminal capacity, invested in infrastructure upgrades and attracted new shipping services and global partnerships, helping drive record cargo volumes. Sustainability initiatives were advanced to support long-term environmental stewardship.

Under his leadership, PhilaPort became financially self-sustaining, ending its reliance on a state operating subsidy for the first time in its history. Theobald also oversaw nearly $1 billion in capital projects, including the modernization of port facilities and the construction of nearly 500,000 square feet of new warehouse space.

“It has been an honor to lead PhilaPort during such an exciting period of growth and transformation,” Theobald said. “I am proud that we not only expanded our footprint and doubled cargo volumes, but also became financially self-sustaining, ensuring a strong foundation for the future.”

The Philadelphia Regional Port Authority board said it will announce plans for the leadership transition and next steps in the coming months.

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