August 29, 2016 5:36 AM ET

Road and Rail

Company Overview of MTA New York City Transit

Company Overview

MTA New York City Transit provides railroad and road transportation services. The company offers bus and subway services, as well as operates a fleet of subway cars. It also provides temporary reduced-fare autogate MetroCard. The company, formerly known as New York City Transit Authority, was founded in 1953 and is based in Brooklyn, New York.

370 Jay Street

7th Floor

Brooklyn, NY 11201

United States

Founded in 1953





Key Executives for MTA New York City Transit

Acting President of MTA Bridges and Tunnels
Executive Vice President
Senior Vice President
Executive Director
Age: 60
Compensation as of Fiscal Year 2016.

MTA New York City Transit Key Developments

MTA New York City Transit Announces Management Changes

Metropolitan Transportation Authority Chairman and CEO Thomas F. Prendergast announced the appointment of Veronique "Ronnie" Hakim as the eighth permanent president of MTA New York City Transit. Hakim is a career transportation professional who returns to the MTA after an earlier 23-year career at the agency. For the past year and a half she has served as the Executive Director of NJ TRANSIT. Hakim will begin serving as President on December 28. She replaces James L. Ferrara, the President of MTA Bridges and Tunnels, who has been serving as Interim President of New York City Transit since the August retirement of Carmen Bianco.

New York City Transit Announces Executive Changes

Metropolitan Transportation Authority Chairman Thomas Prendergast announced that James Ferrara will become interim president of New York City Transit when current chief Carmen Bianco retires. Ferrara has been president of MTA Bridges and Tunnels since 2010. Donald Spero, the executive vice president and chief financial officer for bridges and tunnels, will become acting president of that unit while Ferrara moves over.

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Recent Private Companies Transactions

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