December 12 - Brookfield Infrastructure Group has announced that Doug Tilden (pictured below), former chief executive officer of Marine Terminals Corp, has joined the company as senior consultant for its ports business.
Brookfield Infrastructure Group has been active in the ports sector since 2006 and has acquired a significant portfolio of high-quality assets in Europe and Australia, including stakes in PD Ports in the UK and Euroports in Europe.
The company says it plans to expand its ports business in the Americas.
Prior to joining Brookfield Infrastructure Group, Tilden served in executive positions with Ports America through April 2009, following its acquisition of Marine Terminals Corp in 2007. In addition, Tilden spent
19 years with United States Lines in various executive positions.
Tilden commented on his new role: "These are difficult times for ocean carriers and the vendors that serve them."But in these times, we believe there is an opportunity to rationalise terminal assets for the benefit of the carriers, their customers and the ports. I have known Brookfield for many years and have been impressed with its patient, long-term approach to investing. Its strategy is to build platforms within industries by acquisition, development and improvement of operating performance. Brookfield's long-term investment philosophy is a good fit with the industries in which it has chosen to invest."
Tilden is located in the Brookfield San Francisco office.