The Regional Transportation Authority of Illinois board has elected John Gates Jr. to serve as its new chairman, filling the vacancy left by Jim Reilly who resigned in May to serve as the special trustee overseeing reforms at the Metropolitan Pier and Exposition Authority.

Gates, who is chief executive officer at the private investment company PortaeCo LLC, formerly served as chairman of MetPier. A new, interim board was put in place at MetPier following the General Assembly’s approval of reform legislation. Gates will serve a five-year term.

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