Jay Walder
Encyclopedia
Jay Walder is the Chairman and Chief Executive Officer of the Metropolitan Transportation Authority
(MTA) in New York
, the largest transit agency in the United States. The positions of chairman and CEO of the authority were recently merged. 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
and with drafting London's successful bid for the 2012 Summer Olympics
. On July 21, 2011, he announced that he would be leaving the MTA on October 21, 2011 to head Hong Kong's MTR Corporation
.
and grew up in the Rockaways in the New York City
borough of Queens
, where he attended Beach Channel High School
. 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
.
at Harvard from 1995 to 2000, during which time he spent a year as a visiting lecturer at the National University of Singapore
. 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. Since 2009 Jay Walder has been Chairman and Chief Executive Officer at the Metropolitan Transportation Authority
in New York.
On 11 July 2011, Walder announced his resignation from MTA, effective in October 2011, when he will move to MTR Corporation
in Hong Kong
. He left on October 21st, 2011.
Metropolitan Transportation Authority (New York)
The Metropolitan Transportation Authority of the State of New York is a public benefit corporation responsible for public transportation in the U.S...
(MTA) in New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
, the largest transit agency in the United States. The positions of chairman and CEO of the authority were recently merged. Walder was the Managing Director for Finance and Planning at Transport for London
Transport for London
Transport for London is the local government body responsible for most aspects of the transport system in Greater London in England. Its role is to implement the transport strategy and to manage transport services across London...
until 2007, and is credited with the introduction of the Oyster card
Oyster card
The Oyster card is a form of electronic ticketing used on public transport services within the Greater London area of the United Kingdom. It is promoted by Transport for London and is valid on a number of different travel systems across London including London Underground, buses, the Docklands...
and with drafting London's successful bid for the 2012 Summer Olympics
2012 Summer Olympics
The 2012 Summer Olympic Games, officially known as the "London 2012 Olympic Games", are scheduled to take place in London, England, United Kingdom from 27 July to 12 August 2012...
. On July 21, 2011, he announced that he would be leaving the MTA on October 21, 2011 to head Hong Kong's MTR Corporation
MTR Corporation
MTR Corporation Limited is a company listed on the Hong Kong Exchange and included in the Hang Seng Index. MTR owns and runs the Hong Kong MTR metro system, and is also a major property developer and landlord in Hong Kong...
.
Biography
Walder was born in IndianapolisIndianapolis
Indianapolis is the capital of the U.S. state of Indiana, and the county seat of Marion County, Indiana. As of the 2010 United States Census, the city's population is 839,489. It is by far Indiana's largest city and, as of the 2010 U.S...
and grew up in the Rockaways in the New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
borough of Queens
Queens
Queens is the easternmost of the five boroughs of New York City. The largest borough in area and the second-largest in population, it is coextensive with Queens County, an administrative division of New York state, in the United States....
, where he attended Beach Channel High School
Beach Channel High School
Beach Channel High School , is a high school in the public school system of New York City, is located at 100-00 Beach Channel Drive in Rockaway Park in the borough of Queens . The school opened in 1973 and, as of 2006, has an enrollment of 2,175 students. The school was built on the edge of...
. He attended Harpur College at Binghamton University
Binghamton University
Binghamton University, also formally called State University of New York at Binghamton, , is a public research university in the State of New York. The University is one of the four university centers in the State University of New York system...
, and received a Masters in Public Policy
Master of Public Policy
The Master of Public Policy , one of several public policy degrees, is a master's level professional degree that provides training in policy analysis and program evaluation at public policy schools. The MPP program places a focus on the systematic analysis of issues related to public policy and the...
from the John F. Kennedy School of Government
John F. Kennedy School of Government
The John F. Kennedy School of Government at Harvard University is a public policy and public administration school, and one of Harvard's graduate and professional schools...
at Harvard University
Harvard University
Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...
.
Career
Walder worked for the MTA from 1983 to 1995, and later was the finance director for Transport for London. He was a lecturer at John F. Kennedy School of GovernmentJohn F. Kennedy School of Government
The John F. Kennedy School of Government at Harvard University is a public policy and public administration school, and one of Harvard's graduate and professional schools...
at Harvard from 1995 to 2000, during which time he spent a year as a visiting lecturer at the National University of Singapore
National University of Singapore
The National University of Singapore is Singapore's oldest university. It is the largest university in the country in terms of student enrollment and curriculum offered....
. From 2001 to 2007 he was Managing Director for Finance and Planning at Transport for London
Transport for London
Transport for London is the local government body responsible for most aspects of the transport system in Greater London in England. Its role is to implement the transport strategy and to manage transport services across London...
. He was a partner at McKinsey & Company
McKinsey & Company
McKinsey & Company, Inc. is a global management consulting firm that focuses on solving issues of concern to senior management. McKinsey serves as an adviser to many businesses, governments, and institutions...
from 2007 to 2009. Since 2009 Jay Walder has been Chairman and Chief Executive Officer at the Metropolitan Transportation Authority
Metropolitan Transportation Authority (New York)
The Metropolitan Transportation Authority of the State of New York is a public benefit corporation responsible for public transportation in the U.S...
in New York.
On 11 July 2011, Walder announced his resignation from MTA, effective in October 2011, when he will move to MTR Corporation
MTR Corporation
MTR Corporation Limited is a company listed on the Hong Kong Exchange and included in the Hang Seng Index. MTR owns and runs the Hong Kong MTR metro system, and is also a major property developer and landlord in Hong Kong...
in Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
. He left on October 21st, 2011.