Ferrovial names 3 to executive roles in highway division

Hearken to the article
3 min

This audio is auto-generated. Please tell us when you’ve got feedback.

Amsterdam-based infrastructure agency Ferrovial has appointed new leaders within its highways division, Madrid-headquartered Cintra, in an effort to increase its U.S. and international operations, in response to a July 21 information launch. 

Javier Tamargo has been appointed U.S. CEO, whereas Alberto González has been named director of enterprise growth and Ricardo Bosch Urzua tapped for director of technique. All three will likely be primarily based within the firm’s U.S. headquarters in Austin, Texas, and report back to Cintra CEO Andrés Sacristán, per the discharge.

Ferrovial sees a beautiful pipeline of property within the U.S. and globally, which the brand new leaders will assist the agency reap the benefits of, Sacristán mentioned within the launch. 

“Alberto, Javier and Ricardo every carry deep experience and strategic imaginative and prescient to their new roles and their appointments place us nicely to extend our momentum and increase within the U.S. and world wide,” he mentioned.

As U.S. CEO, Tamargo will oversee all U.S. freeway property, together with TEXpress Lanes in Texas, I-77 Specific in North Carolina and 66 Specific in Northern Virginia. He joined Ferrovial in 2002 and brings greater than 20 years of expertise in North America and Europe to his new place. 

Tamargo was most lately president and CEO of 407 ETR in Canada, after management stints as COO of North Tarrant Specific in Dallas-Fort Value and CEO of I-77 Specific. Jose Espinosa recently took over Tamargo’s former function as president and CEO of 407 ETR.

González will lead all enterprise growth efforts, figuring out strategic alternatives and partnerships to increase the corporate’s portfolio within the U.S. and globally. González joined the corporate in 2004 and has held a number of management positions in enterprise growth and asset administration, most lately serving as U.S. CEO. He brings greater than 20 years of infrastructure growth expertise to the function.

In his new function as director of technique, Bosch will lead the implementation of a strategic roadmap associated to new asset lessons, partnerships and inorganic alternatives, in response to the discharge. Bosch has greater than 25 years of worldwide expertise in public-private partnerships, specializing in structuring and negotiating infrastructure venture financing. For the previous 12 years, he has served as Cintra’s North America head of enterprise growth.

Ferrovial operates in additional than 15 nations and has a workforce of over 25,000 worldwide, in response to the corporate. Urbanization and inhabitants development are driving the necessity for transportation initiatives, making infrastructure an attractive sector for traders, Silvia Ruiz, international head of investor relations for Ferrovial, informed Development Dive.