The state board that oversees Georgia's seaports in Savannah and Brunswick re-elected Jepson to the position during its meeting Monday.
Jepson was first appointed to the authority's board in 2008 by then-Gov. Sonny Perdue. He is the chairman and chief executive officer of Jepson Associates Inc., a private investment firm he founded in 1989.
James A. Walters of Gainesville, president of the financial services company Walters Management Co., will serve as the board's vice chairman.
The Port of Savannah is the nation's fourth busiest container port. It moved more than 2.9 million containers of imports and exports last year.
Copyright 2013 The Associated Press.