Beginning next Tuesday, Liam Stewart will over see the finance functions of Macquarie Infrastructure Corporation (MIC) as chief financial officer.
He replaces Todd Weintraub, who joined MIC in 2005, later becoming the group's CFO in 2008. Weintraub will stay with the firm until 2016 to ensure an “orderly transition” of his duties to Stewart and will continue to serve on MIC operating company boards “on an ongoing basis,” according to a MIC statement.
Stewart has worked with MIC since April of 2014 as an asset director for MIC's Atlantic aviation business as well as spearheading a few holding company level projects for the firm. Prior to that he was an executive at Global Tower Partners, then a Macquarie-affiliated private real estate investment trust managing cellphone towers in North America.
“[Stewart’s] 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,” said MIC chief executive James Hooke.
Concurrent with the appointment of Stewart, Robert Choi has been elected as MIC’s principal accounting officer. Choi has served as MIC's controller and vice president of financial reporting since November of 2008.
Based in New York, MIC owns, operates and invests in a diversified group of infrastructure businesses including a gas processing and distribution business, Hawaii Gas, Direct Energy, and MIC Solar.