Joseph J. Lhota Begins as MTA Executive Director
Joseph J. Lhota joined the MTA on Nov. 14 as Executive Director, assuming the responsibilities for the day-to-day operations of the organization. Mr. Lhota is Governor Cuomo's nominee to serve as the MTA's Chairman and Chief Executive Officer, pending confirmation by the New York State Senate.
"The MTA is the engine that drives our economy and makes our way of life possible here in New York, and we have a responsibility to operate our service as efficiently and effectively as possible," Mr. Lhota said. "The MTA is facing a number of difficult fiscal and operating challenges, including funding our vital capital program and continuing to improve service in tough economic times. My focus in the next couple of months is understanding this organization from top-to-bottom, and listening to our employees, customers, and community leaders as we work together to shape an agenda and improve this vital service for all New Yorkers."
Mr. Lhota served as the New York City Deputy Mayor for Operations under Mayor Rudolph Giuliani, where he oversaw day-to-day management of the City and supervised City agencies. He also served as Budget Director, where he managed the City's $36 billion operating budget and $45 billion capital budget, cut costs, led agency reorganizations and consolidations, and implemented performance-based strategic planning. Mr. Lhota also served as the Commissioner of Finance for New York City and has been a Board Member of the MTA.
Mr. Lhota previously served as the Executive Vice President, Administration for The Madison Square Garden Company. His previous private sector experience includes serving as the Executive Vice President of Corporate Administration for Cablevision, the Director of Public Finance for First Boston, and the Managing Director of the Municipal Securities Group for PaineWebber Incorporated.
Mr. Lhota received his M.B.A. from Harvard Business School and graduated cum laude from Georgetown University. He was born in the Bronx, raised on Long Island, and lives in Brooklyn. He is the son of a retired New York Police Department lieutenant and the grandson of a New York City Fire Department firefighter and a New York City taxi driver.