Austin, TX, January 23, 2026
SH 130 Concession Company has appointed Jeff Swiatek as its new CFO, bringing over 25 years of experience in corporate finance. His leadership is aimed at addressing transportation challenges in Central Texas, particularly within the critical Austin-San Antonio corridor. This appointment comes as the company continues its recovery from a previous bankruptcy, focusing on enhancing operational effectiveness and infrastructure development to support regional economic growth.
SH 130 Concession Company Appoints New CFO to Drive Growth
Jeff Swiatek brings decades of expertise to boost Central Texas’ infrastructure.
Austin, TX – In a strategic move aimed at reinforcing financial leadership within the transportation sector, SH 130 Concession Company has appointed Jeff Swiatek as its new Chief Financial Officer (CFO). With over 25 years of robust experience in corporate finance, Swiatek’s role is crucial for addressing the ongoing transportation challenges faced by the Austin-San Antonio corridor, a vital area for both commercial and personal vehicle transit.
Swiatek joins SH 130 Concession Company with an impressive background that includes his previous tenure as CFO at Brightline, where he oversaw critical financial aspects of passenger rail operations. His extensive experience also spans senior roles at American International Group, Inc. (AIG) and an influential position within Goldman Sachs’ investment banking division. This breadth of experience equips him well to navigate the financial intricacies of SH 130, the only American-owned toll road concession in the U.S.
Transforming Transportation Infrastructure
In his new role, Swiatek will be pivotal in steering the financial strategy for SH 130 Concession Company, which operates and maintains the 41-mile segment of SH 130 toll road linking Austin and San Antonio. This strategic corridor not only offers an alternative to the heavily congested I-35 but also plays a critical role in facilitating the region’s economic development goals. With ongoing roadwork on I-35, the timely leadership of someone with Swiatek’s credentials can bolster the significance of SH 130 as a reliable transportation option.
A Legacy of Financial Resilience
SW 130 Concession Company is in a phase of recovery following its Chapter 11 bankruptcy in 2016, attributed to lower-than-expected traffic volumes and subsequent revenue shortfalls. Since emerging from bankruptcy in 2017, the company has focused on stabilizing its financial footing and enhancing operational effectiveness. Investing over $160 million in improvements has already led to notable enhancements in safety and driver satisfaction, with asset condition scores from TxDOT reflecting these efforts positively.
Support from Leadership
Adam Hesketh, who had previously served both as CFO and later CEO of SH 130 Concession Company, will provide continuity during this transition process by remaining as a strategic advisor until March. His ongoing involvement is designed to ensure a smooth handover and continued commitment to operational excellence.
Future Goals and Community Impact
The appointment of Swiatek is seen not only as a means of strengthening financial leadership but also as an opportunity to explore innovative solutions to transportation challenges in Central Texas. With a commitment to enhancing infrastructure, SH 130’s leadership team aims to sustain and expand its role in easing traffic congestion while supporting the regional economy, especially vital as the population in Texas continues to grow.
Encouraging Local Investment
Local enterprises are vital for economic growth, and the establishment of strong financial strategies within transportation infrastructure plays a key role in this landscape. The effective management of SH 130 is an example of how public-private partnerships can accelerate development and stimulate the local economy while fostering an environment conducive to entrepreneurial innovation.
Conclusion: A Stronger Backbone for Texas’ Future
As Austin continues to thrive amidst rapid growth, the proactive steps being taken by SH 130 Concession Company under Swiatek’s financial leadership can potentially enhance the connectivity essential for both businesses and residents. This not only aids in addressing freight and passenger transport efficiency but also promotes broader economic benefits across the region. Support for local infrastructure projects could be a vital part of sustaining growth in Texas. Engaging with and supporting local businesses can drive further success for the community and economy.
Frequently Asked Questions
Who is the new CFO of SH 130 Concession Company?
Jeff Swiatek has been appointed as the new Chief Financial Officer (CFO) of SH 130 Concession Company.
What experience does Jeff Swiatek bring to his new role?
Jeff Swiatek brings over 25 years of experience in international corporate finance, senior management, and infrastructure financing strategy.
What is the significance of SH 130 Concession Company?
SH 130 Concession Company operates the only American-owned toll road concession in the U.S., managing a critical 41-mile section of SH 130 that connects Austin and San Antonio.
How has SH 130 Concession Company performed since facing bankruptcy?
Since emerging from Chapter 11 bankruptcy in 2017, SH 130 has focused on stabilizing its finances and improving operations, investing over $160 million in enhancements.
What are the future goals of SH 130 Concession Company?
The company aims to address transportation challenges and support regional economic development through improved infrastructure and financial strategy.
| Feature | Description |
|---|---|
| New CFO | Jeff Swiatek appointed as Chief Financial Officer. |
| Company Background | Operates the only American-owned toll road concession in the U.S. |
| Infrastructure Significance | A key alternative to the I-35 corridor, enhancing transportation. |
| Financial Strategy | Focus on strategic financial management and regional development. |
| Investment | Over $160 million invested in safety and operational improvements. |
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