Paterson names Walder new MTA chief

NEW YORK Walder's appointment to the newly merged positions of chairman and chief executive officer is subject to confirmation by the state Senate, which is scheduled to meet Wednesday.

The 48-year-old Walder is a former chief financial officer of the MTA, which operates subway, bus and commuter rail lines in the greater New York City area.

He was managing director for finance and planning at Transport for London from 2000 to 2006. He left to join consultants McKinsey & Co. as a partner.

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