Macquarie Infrastructure Corporation (MIC), the arm of Macquarie in the United States, has announced the appointment of Liam Stewart as chief financial officer (CEO) effective June 30, 2015.
Stewart succeeds Todd Weintraub who was employed by Macquarie and seconded to MIC in May of 2005. Weintraub was appointed chief financial officer of the Company in November of 2008.
Stewart joined Macquarie and has worked with MIC since April of 2014 serving as asset director for MIC's Atlantic Aviation business since that time. In addition, he has led various holding company level projects including the build out of MIC's Contracted Power and Energy segment.
From 2009 through 2013 Stewart served as senior vice president and management partner at Global Tower Partners, then a Macquarie-affiliated private real estate investment trust owning and operating cellular communications towers in the U.S., Mexico, Costa Rica and Panama. At Global Tower Partners he led the firm's debt and equity financings, business planning, capital expenditure initiatives and financial planning and analysis functions.
Prior to joining Global Tower Partners, Stewart was employed by Macquarie Group with responsibility for listed media and telecommunications investments in North America. He will report to James Hooke, chief executive officer of MIC. Hooke and Stewart worked together previously prior to both joining the Macquarie Group in 2007. Hooke stated:
"We are pleased that Liam has agreed to assume the role of chief financial officer of MIC. His experience with the broader infrastructure asset class, as well as his capital markets and transaction experience will be particularly valuable to MIC as we continue to grow in our existing and potentially new businesses."
Stewart received an MBA from the Kellogg School of Management at Northwestern University and holds both Bachelor of Arts and Bachelor of Laws degrees from the University of New South Wales.