The former chief executive officer of Indianapolis-based Duke Realty Corp. (NYSE: DRE) is leading the board of directors for the operator of the Indiana Toll Road. ITR Concession Co. says Denny Oklak was appointed board chairman earlier this month.
Oklak retired in 2015 but remains executive chairman of the Duke Realty Board of Directors. He also serves on the board of directors for the Central Indiana Corporate Partnership, where he previously served as co-chair.
"Mr. Oklak’s outstanding background will keep us focused on our mission to provide a safe, quality roadway to our customers," said ITRCC CEO Ken Daley. "His leadership abilities and community engagement ensure we have the best possible team behind the scenes and are very pleased he has made the commitment to ITRCC."
ITRCC’s parent company, IFM Investors, closed on the purchase agreement to operate the Indiana Toll Road and collect toll revenue in May.