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Outgoing MTA Chairman and CEO Patrick Foye departed MTA Headquarters for the final time as the MTA’s top official on the afternoon of Thursday, July 29. Foye has served as a senior leader at the MTA for four years and is slated to become the Interim President and CEO of Empire State Development.
A daily commuter on Long Island Rail Road and New York City subway, Foye joined the MTA as President in August 2017. Governor Andrew M. Cuomo nominated Foye as MTA Chairman and CEO in March 2019.
Foye led efforts to stabilize the MTA's finances by securing $14.5 billion in emergency federal aid to replace fare and toll revenue lost due to a decrease in MTA ridership during the pandemic. He developed a national coalition of transportation agencies that secured more than $32 billion in emergency federal funds for transit agencies across the country. Foye also led the push for State legislation to authorize New York's first-in-the-nation Central Business District Tolling program, a key funding source for the MTA's historic $51.5 billion ‘20-24 capital program.
Prior to joining the MTA, Foye led the Port Authority of New York and New Jersey as Executive Director from November 2011 to August 2017, served as Deputy Secretary for Economic Development for Governor Cuomo, the downstate Chairman of ESDC, and Vice Chair and board member of the Long Island Power Authority, following a career in law and real estate as a Mergers & Acquisition partner at Skadden Arps and Executive Vice President of AIMCO, a leading multi-family Real Estate Investment Trust.