Jay Walder

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Jay Walder
JayWalderWithMedia.jpg
Walder speaks with News 12 regarding the Port Jervis Line after Hurricane Irene
CEO of the MTR Corporation
Incumbent
Assumed office
January 1 2012
Chairman & CEO of the MTA
In office
2009 – October 21 2011
Governor Andrew Cuomo
Preceded by Elliot G. Sander
H. Dale Hemmerdinger (interim)
Succeeded by Joseph J. Lhota
Personal details
Born 1958/1959 (age 54–55)
Indianapolis, Indiana
Residence Hong Kong
Alma mater Harpur College
Harvard University

Jay Walder is the chief executive officer of the MTR Corporation. Before joining MTR, he was the Chairman and Chief Executive Officer of the Metropolitan Transportation Authority in the New York metropolitan area, the largest transit agency in the United States.[1] The positions of chairman and CEO of the authority were recently merged.[2] Walder was the Managing Director for Finance and Planning at Transport for London until 2007, and is credited with the introduction of the Oyster card[1] and with drafting London's successful bid for the 2012 Summer Olympics.[3] On July 21, 2011, he announced that he would be leaving the MTA on October 21, 2011 to head Hong Kong's MTR Corporation.[4]

Biography[edit]

Walder greets Hurricane Irene evacuees at the Far Rockaway – Mott Avenue subway station.

Walder was born in Indianapolis and grew up in the Rockaways in the New York City borough of Queens, where he attended Beach Channel High School.[1][5] He attended Harpur College at Binghamton University, and received a Masters in Public Policy from the John F. Kennedy School of Government at Harvard University.[6]

Career[edit]

Walder worked for the MTA from 1983 to 1995, and later was the finance director for Transport for London.[3] He was a lecturer at John F. Kennedy School of Government at Harvard from 1995 to 2000, during which time he spent a year as a visiting lecturer at the National University of Singapore.[7] From 2001 to 2007 he was Managing Director for Finance and Planning at Transport for London. He was a partner at McKinsey & Company from 2007 to 2009.[8] In 2009, Jay Walder became the Chairman and Chief Executive Officer at the MTA.

On 11 July 2011, Walder announced his resignation from MTA, effective in October 2011, when he moved to MTR Corporation in Hong Kong. He left on October 21st, 2011.[9] He officially took over as CEO of MTR on January 1, 2012.

References[edit]

  1. ^ a b c Grynbaum, Michael M. (2009-07-15). "Man Who Lifted London Transit Picked for M.T.A.". The New York Times. Retrieved 2009-07-15. 
  2. ^ "Jay Walder Nominated To Be New MTA Chief By Gov. Paterson". Huffington Post. 2009-07-15. Retrieved 2009-07-15. 
  3. ^ a b Castillo, Alfonso A. (2009-07-15). "Biography of MTA's new chief". Newsday. Retrieved 2009-07-15. 
  4. ^ Newman, Andy (2011-07-21). "Jay Walder, MTA Chief, Resigns Suddenly". The New York Times. Retrieved 2011-07-21. 
  5. ^ Donohue, Pete (2009-07-15). "Incoming MTA chairman Jay Walder: Commuters will be top priority". Daily News. Retrieved 2009-07-15. 
  6. ^ "Governor Paterson Appoints Jay Walder to Serve as CEO and Chair of the Metropolitan Transportation Authority". New York State. 2009-07-15. Retrieved 2009-07-15. 
  7. ^ Yemma, John (1997-10-08). "Despite Critics of US Spending on Big Dig, Mass. Gives More Than it Gets". Boston Globe. p. A32. 
  8. ^ Castillo, Alfonso A. (2009-07-15). "This time, he's heading MTA". Newsday. p. A18. 
  9. ^ "Head of MTA announces resignation". WABC. 2011-07-21. Retrieved 2011-07-21. 

Further reading[edit]

Political offices
Preceded by
Dale Hemmerdinger
Chairman & CEO of the MTA
2007-2009
Succeeded by
Joseph J. Lhota