Dr. Gerrard P. Bushell is the Executive Chair of The New Terminal One at JFK, and the Chair of CAG Holdings, the airport investment platform of The Carlyle Group. He brings a wealth of experience from business, government, and labor. He combines expertise as a major financier of infrastructure projects, and senior advisor raising capital. He leads the New Terminal One Development Corporation charged with delivering one of the nation’s largest Public/Private Partnerships with the NY/NJ Port Authority. New Terminal One at JFK airport is a $7 billion enterprise delivering global and local retail brands, food and beverage, and transformational customer experiences. The project will execute more than $1 billion dollars of community benefits across three phases; this includes 40% community participation for local jobs and businesses, and MWBE goals beyond 30%.
Dr. Bushell was appointed President & CEO of DASNY in 2015. He led the nation’s top issuer of infrastructure financing, and infrastructure project management; successfully executing strong local, and MWBE participation on DASNY’s projects. Under Dr. Bushell’s leadership, DASNY issued more than $38 billion of municipal debt for public and private infrastructure projects across New York State for higher education, health services, science + technology, and government justice clients. DASNY as a builder, also executed on a construction portfolio valued at more than $6 billion across New York State.
Dr. Bushell came to DASNY as an accomplished investment advisor where he counseled leading institutional investors and raised private and public investment capital. He was a senior sales and client officer selling investment solutions for Alcentra and Insight at BNY Mellon, Director in the Client Partner Group at KKR, Managing Director at Arden Asset Management, and the Head of Institutional Sales at the Legg Mason Company, ClearBridge Advisors, formerly Citi Asset management.
Dr. Bushell started his career in government and labor serving in senior roles for NYC Councilwoman C. Virginia Fields, District Council 37, AFSCME, and NYS Comptroller H. Carl McCall.
A graduate of Columbia University in both the College and Graduate School of Arts and Sciences, Dr. Bushell received a B.A., M.A., and PhD. from the Department of Political Sciences.