Matt Cole named president of CTS

Matt Cole, EVP and deputy of Strategy and Business Development for Cubic Transportation Systems (CTS), has been appointed president of CTS and senior vice president of Cubic Corporation, effective Oct. 1, 2015. Steve Shewmaker, who plans to retire in 2016, has been appointed chairman of CTS.

Cole joined CTS in 2003 and has held various positions of increasing responsibility. Prior to his most recent role, he served as managing director of CTS-Australasia and vice president of Finance for CTS. He was instrumental in the negotiation of the Future Ticketing Agreement with Transport for London and the award and mobilization of the Opal Card contract in Sydney. He also spearheaded the acquisitions of NextBus and Serco’s Transport Solutions business (Cubic ITMS), as well as the launch of Urban Insights, a data analytics consultancy company.