HomePoliticsMcCoy named acting CEO of Gateway Development Commission

McCoy named acting CEO of Gateway Development Commission

Sector veteran played key role in GDC obtaining full funding

Patrick McCoy has been named acting CEO of the Gateway Development Commission, the organization announced Monday.

The news comes as the organization prepares for the departure of current CEO, Kris Kolluri, on Nov. 8.

GDC co-chairs Balpreet Grewal-Virk (New Jersey) and Alicia Glen (New York) and vice chair Tony Coscia said the search committee is working to find a permanent CEO.

“The search committee, with the support of our full board, has been working diligently to identify a new CEO who will ensure the nation’s most urgent infrastructure project is built,” they said in a joint statement. “We have engaged a national search firm and are interviewing excellent candidates.”

The group said having McCoy, who was named chief financial officer in April, will serve as an acting CEO will ensure continuity at GDC and that the ongoing active construction in New York, New Jersey, and in the Hudson River continues uninterrupted.

“Pat McCoy is a significant asset to GDC, playing a key role in the project’s obtaining its full $16 billion in funding commitments,” the group said. “We look forward to working with Pat in the coming weeks as we finalize the process for naming a permanent CEO.”

The officials said the GDC is making significant progress on construction of the Hudson Tunnel Project.

The Tonnelle Avenue Bridge and Utility Relocation Project, which will create access to the entry point for tunnel boring machines that will dig the New Jersey portion of the new Hudson River Tunnel and enable trains to run under Routes 1 and 9 once the tunnel is in operation, is nearly 50 percent complete, they said.

Related Articles

Optimism slipped in January NFIB survey; uncertainty index rose

The NFIB Small Business Optimism Index declined 0.2 point in January to 99.3 and remained above its 52-year average of 98. Of the 10...

NJEDA appoints Kennedy to chief of staff and chief external affairs officer

The New Jersey Economic Development Authority (NJEDA) announced that Sean Kennedy has been appointed as the Authority’s new chief of staff and chief external...

New Jersey Food Council selects chair and board of directors 

The New Jersey Food Council (NJFC) has chosen officers and its board of directors for 2026. Jason Read, Linda Doherty, and Michael Styer are all...

Treasury starts distributing first round of Stay NJ benefits to eligible seniors 

The N.J. Treasury’s Division of Taxation has begun mailing the first installment of benefits for the inaugural season of Stay NJ, New Jersey’s newest...

BLANCO North America in Lumberton names Dahlen SVP of sales and customer experience

Lumberton-based BLANCO North America, the premium kitchen solutions brand, announced that Jeanne Dahlen has joined the company as senior vice president of sales and...

Temporary restraining order lifts fed suspension of funds for Gateway project; what’s next?

Construction on the Gateway Tunnel Project may resume after a federal judge temporarily blocked President Trump's freeze of federal funds for New York and...

Latest Articles

JLL secures $86.2M loan for 355K SF Bridge Point Bayonne

 JLL Capital Markets announced that it has arranged $86.2 million in bridge financing for Bridge Point Bayonne, a newly constructed Class A warehouse and...

Simplicity Group acquires LeSourd Partners, adds 3 partners

Summit-based Simplicity Group, a holistic financial planning firm specializing in integrating accumulation and protection strategies, announced the acquisition of LeSourd Partners, a premier brokerage...

County College of Morris Foundation receives $1M grant from Delta Dental of New Jersey Foundation  

The County College of Morris (CCM) Foundation said Feb. 12 that it has received a $1 million grant from the Delta Dental of New...

Former N.J. Attorney General Platkin launches new firm, Platkin LLP

Former New Jersey Attorney General Matthew J. Platkin announced the launch of Platkin LLP, a new law firm that he founded. The firm includes senior...

BioNJ elects board officers and trustees

BioNJ, the state’s largest life sciences trade association, recently elected its 2026 officers and board members at its 33rd Annual Dinner Meeting and Innovation...

Marcus & Millichap announces sale of Hoboken mixed-use building for $3.47 million

Marcus & Millichap, a commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a mixed-use...

Latest Articles

JLL secures $86.2M loan for 355K SF Bridge Point Bayonne

 JLL Capital Markets announced that it has arranged $86.2 million in bridge financing for Bridge Point Bayonne, a newly constructed Class A warehouse and...

Simplicity Group acquires LeSourd Partners, adds 3 partners

Summit-based Simplicity Group, a holistic financial planning firm specializing in integrating accumulation and protection strategies, announced the acquisition of LeSourd Partners, a premier brokerage...

County College of Morris Foundation receives $1M grant from Delta Dental of New Jersey...

The County College of Morris (CCM) Foundation said Feb. 12 that it has received a $1 million grant from the Delta Dental of New...

Former N.J. Attorney General Platkin launches new firm, Platkin LLP

Former New Jersey Attorney General Matthew J. Platkin announced the launch of Platkin LLP, a new law firm that he founded. The firm includes senior...

BioNJ elects board officers and trustees

BioNJ, the state’s largest life sciences trade association, recently elected its 2026 officers and board members at its 33rd Annual Dinner Meeting and Innovation...