Alexander E. (Alec) Porteous is the Chief Operating Officer (COO) and Chief Business Officer (CBO) for the University of Southern Maine (USM).
In his role as USM’s COO and CBO, Porteous oversees University finances and operations and serves as a member of the President’s Cabinet. He is responsible for developing the University’s annual budget as well as associated forecasting and financial analysis and oversees all University financial management staff and financial commitments. He serves as chief financial liaison to campus college and department leaders and is responsible for oversight and direction of USM financial management team members. In addition, Porteous oversees facilities management for the University and leads all campus development projects, including the ongoing $100 million transformation of USM’s Portland campus. The project includes a 42,000 square foot Career & Student Success Center, a 580-bed residence hall, and a green quad. The project will provide residential living on USM’s Portland campus for the first time in the University’s history, and it represents the development of a key asset for USM and the University of Maine System.
Porteous has a history of public service at both the state and federal levels, as well as a background in the private sector. Prior to joining USM in 2019, he served as Commissioner of Maine’s Department of Administrative and Financial Services (DAFS) and Deputy Commissioner of Finance for Maine’s Department of Health and Human Services (DHHS).
As DAFS Commissioner, Porteous oversaw nine state bureaus and more than 1,200 employees serving the executive, legislative and judicial branches, all state agencies and the general public. In this capacity, he was responsible for the development of the State of Maine's biennial budget, guiding state tax policy and overseeing the administration of tax laws, directing technology services and infrastructure, maintenance and investment in the state taxpayer-supported real estate portfolio, state procurement, and the recruitment and retention of one of Maine's largest and most diverse workforces. As DHHS Deputy Commissioner of Finance, Porteous oversaw the DHHS budget, accounting, audit and contracting functions and was responsible for developing and managing the Department's $7 billion biennial budget.
Before serving in the State of Maine government, Porteous was a staff member for U.S. Senator Susan M. Collins. From 2011 to 2013, he served as the Senator's State Office Representative in Portland. From 2002 to 2005, he was a member of her legislative staff in Washington, DC. In the private sector, Porteous worked as a Policy Advisor for Gibson Dunn in Washington, DC, focusing on financial services issues and congressional investigations, and as an Associate in the Investment Banking Division at Lehman Brothers.
Porteous, a native of Falmouth and resident of Portland, earned his BA from Colby College and his MBA from Cornell University. He is a trustee of the Portland Museum of Art, where he serves on the Executive Committee and as a member of the museum’s External Affairs and Audit Committees.