Tuesday, November 10 from 2:00 PM – 3:15 PM EST


Capital market update, investor relationship management and the latest airport bond issuance experience are packed in this one-hour webinar where you can learn three things at once.

What is the latest trend in the capital market post Presidential election? Attendees will be updated on latest trends in capital financing markets and bonding structures.

How do investors view the risks and rewards for their investments in the airport bond market? In the current airport finance landscape, the value of proactively engaging with investors is greater than ever. This webinar will explore tips and strategies for an effective investor relations program and discuss good practices for providing information to investors during the highly uncertain COVID crisis.

What have been the latest experiences for airport bond issuers? Airport issuers will share their experience and lessons learned.


Brian Gallucci

Managing Director


Jonathan Johnson

CFO/Managing Deputy Commissioner

Chicago Department of Aviation

Baltazar Juarez

Senior Credit Analyst

The Vanguard Group, Inc.

Sewon Kim

Managing Director and Head of the Transportation Group

Siebert Williams Shank & Co., LLC

Greg Richardson

Deputy General Manager and CFO

Hartsfield-Jackson Atlanta International Airport



Brian Gallucci joined PFM in 2005 and is a leader of PFM’s Airport Group. Brian has extensive experience providing technical analysis and strategic financial advice for municipal airports and seaports, as well as other municipal issuers. He assists airports with long-term financial planning, the structuring of debt and other financing solutions, transaction execution, and developing comprehensive credit strategies for rating agency and investor outreach.

Brian’s clients include international gateways, consolidated port entities, and a diverse group of large, medium and small, and non-hub airports exploring financing options for critical capital improvements programs.


Jonathan L. Johnson joined the Chicago Department of Aviation (CDA) on September 16, 2019, and has since headed up the operating and capital finance divisions, including budget, audit, accounts receivable, accounts payable, the Human Resource Division, Payroll Section, Auditing, and Compliance/MBE/WBE Sections for both O’Hare (ORD) and Midway Airports (MDW).  During his first year of employment at has overseen the reimplementation of the 50/50 expedited payment program, online invoice process, cost-cutting of over $100 million in personnel and non-personnel services, and participated in the successful Bond refunding process saving CDA $241 million.

Prior to joining the CDA  Jonathan was the Director of Finance for the Chicago Police Department overseeing it’s $1.5 billion corporate budget.  Also while at the Police Department Jonathan served as a Commander in the Office of the Superintendent, and the Commander of the General Support Division. Prior to joining the Police Department worked at the Office of Budget & Management as the Deputy Budget Director for all Public Safety Departments (Police, Fire, Office of Emergency Management & Communications (OEMC), Inspector General, Police Board, and the Independent Police Review Authority (IPRA).

Jonathan attended Augustana College, where he earned a Bachelor’s degree in Public Administration and Political Science.


Baltazar Juarez is a senior credit analyst in Vanguard’s Fixed Income Group. Baltazar joined Vanguard in 2008. He is part of the transportation team and covers airports and seaports. Baltazar also covers various tax-backed sectors, including U.S. States and local governments. Prior to joining Vanguard, Baltazar worked for a bond rating agency and then for a municipal bond insurance company, both in New York City. Baltazar grew up in Idaho. He has a master’s degree in public policy.


Ms. Kim has over 23 years of financial services industry experience focusing on providing public finance investment banking service to transportation issuers nationally.  She has senior managed over 90 municipal debt financings totaling over $30 billion.  Ms. Kim’s senior managed airport experience includes financings for projects involving terminal facilities, runways, cargo facilities and fuel farms for airports for a number of airports.  Prior to joining Siebert Williams Shank, Ms. Kim worked in the respective transportation group at Morgan Stanley, JPMorgan and Bear Stearns. Prior to joining the public finance industry, she worked in the Economics Consulting Group at Deloitte & Touche. Ms. Kim received a BA in Economics from the University of Pennsylvania. She holds FINRA Series 7, 50, 53 and 63 licenses.


A certified public accountant, Richardson oversees all financial matters related to the airport, along with the information technology and strategic development of the organization. As part of this oversight, he is also a critical part of ATLNEXT, the Airport’s multibillion-dollar capital improvement program. Richardson began working for Hartsfield-Jackson in April 2011 after serving as the controller for the City of Atlanta from 2009 to 2011. He was named assistant general manager for finance and accounting in July 2013, and was named deputy general manager and chief financial officer in 2018.

Moderated by

Chris Bergstrom

Executive Director



Chris Bergstrom joined UBS in 2018 as an Executive Director in its Public Finance Transportation team. Chris is based in New York and focuses on providing investment banking services to airport issuers nationwide. He has over 15 years of experience in aviation finance, including leading municipal bond issues for Orlando International Airport, Metropolitan Washington Airports Authority, Las Vegas McCarran International Airport, Detroit Metro Airport, Ft Lauderdale/Hollywood International Airport and the Portland International Jetport, among many others.

In addition to senior managing over $11 billion in bond issues, Chris also has played a leadership role in expanding capital markets and credit solutions for airport P3 transactions and other non-traditional financings in the sector. He currently serves as an Associate member of the Airports Council International-North America Finance Committee Steering Group. Chris received his BSc from the London School of Economics & Political Science and holds Series 7, 53, 63 and 79 securities licenses.

Registration is OPEN. Please follow the link above to register.





Continuing Professional Education (CPE) Information

Learning objectives:

Participants will be able to:

  • Receive the latest update on the capital financing market and bonding structures that would help evaluate financial impacts of capital market on airport finance.
  • Learn what information the investor community is interested in receiving during the highly uncertain COVID-19 crisis.
  • Learn from airport issuers who have accessed the capital market on tips and lessons learned from their latest experience.

Course Level: The course level is intermediate. The finance webinar series are designed for individuals with a basic understanding of airport industry concepts and issues.

Prerequisite: Basic knowledge about airport business and financial management.

Advance Preparation: None.

Call participants are eligible to receive up to 1.5 hours of Finance CPE credits.

ACI-NA is registered with the National Association of State Boards of Accountancy  (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

For more information regarding administrative policies such as refunds, cancellation and complaints, please contact Liying Gu at lgu@airportscouncil.org.