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February 14, 2020
Governor Whitmer Appoints David Alade to the International Authority
LANSING, Mich. – Governor Gretchen Whitmer today appointed David Alade to the International Authority for the Gordie Howe International Bridge project.
"David is bringing his extensive professional background and skillset to the International Authority for the Gordie Howe International Bridge project," Whitmer said. "His expertise will be crucial, and I know he'll remain deeply committed to the betterment of the Detroit community and our entire region as work progresses. I'm pleased to continue working on this project alongside David as this project comes to life."
David Alade, of Detroit, is a founding partner of Century Partners, LLC., a real estate development company that rehabilitates historic and dilapidated homes in the city of Detroit. Prior to his current position, he was an investment banking vice president for Credit Suisse Securities, LLC., and an investment banking associate with Barclays Capital, Inc. Mr. Alade is a recipient of Crain's Detroit 2017 20 in their 20s and TechTown's 2017 Entrepreneur of the Year. He holds a Bachelor of Arts in Economics and Urban Studies from Columbia University.
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Mr. Alade succeeds Matt Rizik who resigned effective February 12, 2020. His term commences February 14, 2020, and in accordance with the Crossing Agreement, will expire one year after the opening of the Gordie Howe International Bridge.
"Detroit's international border is one of our city's and region's most unique assets and I am honored to have an opportunity to play a role in unlocking its potential to improve the economic fortunes of our region for the next 100-plus years." Alade said. "It is clear that Governor Whitmer and her administration are dedicated to working with our Canadian partners to deliver the Gordie Howe International Bridge project, which is a world-class and transformative undertaking and includes a robust community benefits plan. I am eager to learn from my fellow board members and serve to the best of my ability."
The International Authority is the joint Canada-Michigan governance entity responsible for monitoring compliance with the framework Crossing Agreement between Canada and Michigan and the project agreement between the Windsor Detroit Bridge Authority and Bridging North America, the Gordie Howe International Bridge project's private-sector concessionaire. The International Authority consists of six members with equal representation from Canada and Michigan. Three members are appointed by Canada and three appointed by Michigan.
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This appointment is not subject to the advice and consent of the Senate.
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