Kolluri Resigning as CEO of Gateway Development Commission

On Jul 19, 2024

Kris Kolluri, the CEO of the Gateway Development Commission, will resign from his role on Aug. 16. Kolluri has been leading the $16.1-billion Hudson Tunnel Project and $1.7-billion North Portal Bridge on the Northeast Corridor rail line between Newark and New York City.

“The progress we have made together is historic, meaningful and measurable,” Kolluri wrote in a letter to the commission’s co-chairs, Alicia Glen, Balpreet Grewal-Virk and Tony Coscia. “Given the anticipated start of major tunnel construction this fall, it is the right time for me to step down and let the next leader oversee the construction phase.”

Kolluri’s decision comes just 10 days after he and federal transit officials signed a $6.88 billion full funding grant agreement, which he called, “the funding needed to see this project through.”

Kolluri has served as CEO of the commission since 2022. His successor will take over as at least two more tunneling contracts are expected to be awarded before the end of the year.

The Gateway Development Commission has not yet named a successor.

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