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MassDOT taps PPP expert for top finance spot

Ex-RBS man Dana Levenson, who has more than two decades of experience across the public and private sectors, was named to the top finance spot at the Massachusetts Department of Transportation. The state is currently pursuing 'transportation reform'.

The Massachusetts Department of Transportation (MassDOT) has tapped Dana Levenson as the agency’s chief financial officer (CFO).

Levenson boasts of some 25 years of both public and private sector career experience where he supported the advancement of US public-private partnerships (PPPs).

In addition to leading the infrastructure banking group for the Americas at the Royal Bank of Scotland, he served as the CFO for the city of Chicago, in Illinois. According to a press release, Levenson deserves credit for the long-term nature of the leases tied to some landmark PPPs, including the $1.83 billion Chicago Skyway project as well as the $563 million Chicago Downtown Parking System. During his tenure in Illinois, Chicago’s bond ratings soared to their best levels in decades.

“I am pleased that Dana has joined the MassDOT team at a critical and exciting time in transportation,” exclaimed Richard A. Davey, MassDOT Secretary and chief executive officer, in a press release.  “As we pursue transportation reform and delivering quality service within a challenging budgetary circumstance, we are fortunate to have someone on board with his breadth of experience at the highest levels of public and private sector finance.”

As part of his role as CFO at MassDOT, Levenson will also run the agency’s Office of Real Estate and Asset Development efforts.