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Management Team

President & Chief Executive Officer

Jose Espinosa was appointed as President & Chief Executive Officer (CEO) and to the Board of Directors in July 2025. Mr. Espinosa holds a Bachelor’s Degree in Economy specializing in statistics and econometrics from the Universidad Carlos III and an Executive PDD from IESE Business School. He has over 25 years of international experience in the transportation and construction industries.

Mr. Espinosa joined Ferrovial in 2000 as an Analyst in the Corporate Treasury Department where he was appointed Head of Treasury in 2005, and progressed through several management positions in Cintra, across different markets and asset classes, including Project Finance and various tolling and highway infrastructure projects, from the construction phase through to operations in Canada, Spain, Australia and most recently, the United States. Between 2009 and 2016, he served as Corporate Shareholder Liaison for 407 ETR, and 407 ETR’s Project Director for Highway 407 East.

He was appointed in 2016 as CEO for the Autema concession, managing the Terrassa-Manresa Motorway in Spain and Netflow Western Roads in Australia. Mr. Espinosa’s more recent assignments were for key Cintra Managed Lanes projects in the United States, serving as the CEO of the I-77 Express in Charlotte, North Carolina, and most recently, the CEO of the LBJ, NTE and 35W Express in Dallas-Fort Worth, Texas.

Mr. Espinosa serves on the Board of Directors and as a member of the Corporate Governance & Compensation Committee, Environmental, Health & Safety Committee and the Audit Committee.

Ali Razavi, Chief Information Officer

Brian Fernandes Chief Internal Auditor & Ombudsman

Christina Basil Vice President, Communications & Government Relations

Geoffrey Liang Chief Financial Officer

Greg MacKenzie Chief Legal Officer & Corporate Secretary

John Galibert, Vice President, Customer Operations

Karina Luquetti, Vice President, Business Process Optimization & Strategy

Lydia Iacovou Vice President, Human Resources

Mark Yoshida Vice President, Revenue Optimization

Paul Ruttan Vice President, Infrastructure

407 International Inc. – Board of Directors

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David McFadden, K.C., Corporate Director, Chair of the Board

David McFadden, K.C., was appointed to the Board of Directors in February 2002. Mr. McFadden received his BA from the University of Toronto and LLB from Osgoode Hall Law School. He was appointed Queen’s Counsel in 1983 and was awarded an Hon. LLD by York University in 2013.

Mr. McFadden was a partner at Gowling WLG for over 30 years where he served on the firm’s Executive Committee and Board of Trustees and as Chair of its Energy and Infrastructure Industry Group.

Mr. McFadden has been involved in the infrastructure sector for over 25 years. He is also the Chair of the Boards of Directors of, Makwa Development Corp., and PCI Geomatics Inc., and has previously served as Board Chair of the Detroit-Windsor Tunnel Corp. , Toronto Hydro Corp., Chair of the Advisory Board of Fengate Capital’s family of infrastructure funds and as Vice Chair of the Board of Macquarie Canadian Infrastructure Management Limited. Mr. McFadden also currently serves as Chair of the Board of Directors of The Young Street Mission.

Mr. McFadden has served as the Chair of the Board since February 2011 and he also serves as Chair of the Corporate Governance & Compensation Committee and the Environmental, Health & Safety Committee. Between 2016 and January 2025 he served as the Chair of the Audit Committee.

Jose Espinosa President & CEO, 407 ETR

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Andrew Alley Managing Director, Head of Infrastructure, North America & Australasia Canada Pension Plan Investment Board

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Michael Bernasiewicz President, North Infrastructure Management Ltd.

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Laura Formusa Corporate Director

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Emmie Fukuchi Executive Vice President, Chief Experience Officer, The Co-Operators Group Limited

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Rob MacIsaac Corporate Director

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Young Park Corporate Director

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Michael Rosenfeld Managing Director, Infrastructure Investments, PSP Investments

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Andres Sacristan CEO, Cintra Global

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Jose Maria Velao Chief Financial Officer, Cintra Global

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