Peter Stangl served in executive and policy positions in the budget and transportation sectors of New York City government before becoming an Assistant Commissioner of the New Jersey Department of Transportation. In this capacity, he was a key member of the team that conceived of, and established, New Jersey Transit. In the 1980s and 1990s, he served in a number of key positions in the New York Metropolitan Transportation Authority (MTA), including Acting President of the Long Island Railroad, President of Metro-North Railroad, and then the Chairman and CEO of MTA. After his public career, Peter served as President of Bombardier Transportation US and Chairman of the Board of Laidlow International and as a member of the Advisory Board of Veolia Transportation.