Macquarie Infrastructure Company’s management company, Macquarie Infrastructure Management (USA) Inc., recently appointed Mr. James Hooke to the position of Chief Executive Officer of MIC, effective May 8, 2009. Mr. Hooke has a broad array of experience within the North American infrastructure and private equity sectors. He has established a track record of growing businesses in management, board director and corporate development roles.
Most recently, Mr. Hooke was responsible for developing and managing a portfolio company investment for Macquarie Infrastructure Partners Inc. (MIP). MIP is the manager of two unlisted infrastructure funds responsible for investing and managing approximately $5.5 billion of investor commitments across a range of North American infrastructure businesses. Additionally, Mr. Hooke was responsible for the management of several portfolio company investments for other Macquarie affiliates and clients.
Commenting on Mr. Hooke’s appointment, Mr. John Roberts, Chairman of MIC, stated, “James is an ideal candidate to lead the next phase of MIC’s development. As CEO, James will continue the various initiatives currently underway to restore shareholder value through reducing debt levels, effectively managing expenses and operational improvement.”
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