Macquarie Infrastructure Corporation announced that Christopher Frost has been appointed president and chief operating officer of the company effective on or before October 31, 2017. James Hooke, chief executive officer of the company, is joining the MIC Board of Directors and plans to step down as CEO early in 2018. The company anticipates appointing Frost to the position of CEO following Hooke's resignation.

Frost has been with Macquarie for over 20 years and has served since 2015 as MIRA's Chief Commercial Officer. Prior to that, Frost led major investments and divestments, including complex private sales, public market takeovers, privatizations and co-investments involving airports, aviation services, toll roads, ports, ferries and marine services infrastructure.