After an extensive public search, the board of directors of the Metropolitan Washington Airports Authority, on May 20, approved the selection of Derric A. Gregory Sr. as the Authority’s vice president of Audit.
“Derric brings more than 20 years of audit management and accounting experience from the public and private sectors,” said Jack Potter, president and CEO of the Metropolitan Washington Airports Authority. “We look forward to his using this extensive experience to contribute to the overall success of the Airports Authority.”
During a career in both the public and private sectors, Gregory provided independent assessments of corporate audit functions addressing individual organizational challenges, expanded audit governance and oversaw operational and financial risk reviews.
Prior to joining the Airports Authority, Gregory was president of Dimension Partners, LLC, which provided consulting services for corporate clients, and served as chief audit executive for GraceKennedy Ltd., an international food and financial services conglomerate. He also has served as vice president of finance and chief accounting officer and as vice president for corporate audit services for Blue Cross Blue Shield of North Carolina. Additionally, Gregory was the first-ever deputy auditor general for performance audit for the state of Pennsylvania.
Gregory is a certified public accountant. He earned a bachelor’s degree in accounting from North Carolina A&T State University in Greensboro, North Carolina, and serves as a member of the Institute of Internal Auditors, Executive Leadership Council and National Association of Black Accountants.
The Metropolitan Washington Airports Authority, established in 1987 by the governments of Virginia and the District of Columbia, manages and operates Washington’s Ronald Reagan National and Dulles International airports, which together serve more than 40 million passengers a year. The Airports Authority also operates and maintains the Dulles Airport Access Road and the Dulles Toll Road and manages construction of the Silver Line project, a 23-mile extension of the Washington region’s Metrorail system into Loudoun County, Virginia. No tax dollars are used to operate the toll road, which is funded by toll revenues, or the airports, which are funded through aircraft landing fees, rents and revenues from concessions. The Silver Line construction is funded by a combination of toll-road revenues, airport contributions and federal, state and local government appropriations. The Airports Authority is led by a 17-member board of directors appointed by the governors of Virginia, Maryland, the mayor of Washington, D.C., and the president of the United States.