Mike joined Oxera as non-executive director in January 2007. An expert in regulatory best practice, aviation, energy and capacity planning, Mike specialises in large capital expenditure programmes, and has an in-depth understanding of the relationship between regulated utility companies and their regulators. He was formerly Group Director, Planning and Regulatory Affairs, BAA and member of the BAA plc board. He was also a director of the Airports Property Partnership and a member of the Governing Board, Airports Council International (ACI), Geneva. He was Chairman of Northern Ireland Electricity until March 2011, and was a director of UK Coal plc for five years. He is currently a director of Birmingham International Airport Limited and Bellway plc, and chair of one of the electricity industry’s code modifications panels. As Group Director for planning and regulatory affairs at BAA plc up to its takeover in 2006, Mike managed relations with the industry regulator and general regulators, in particular the OFT and the Competition Commission. He also oversaw the ten-year CAPEX programme, including major construction projects amounting to £1 billion per year. As Strategy Director he advised on the overall Group direction, providing leadership to strategy initiatives such as acquisitions and disposals, partnerships and scenario planning. Previously, Mike was Head of Economics and Director, Corporate Strategy at BAA plc and Chief Economist at ACI. He is a fellow of the Royal Aeronautical Society, a member of the Royal Institution of Chartered Surveyors and a member of the Royal Town Planning Institute. Selected project experience Advice to HM Treasury on the use of regulatory asset base (RAB) principles for infrastucture financing (2011) Advice to a major Asian hub airport on economics and regulation (2010–12) Advice to a major Australian airport on issues of aviation economics and airport operations (2011–12) Review for the Office of Rail Regulation of its performance in the conduct of PR08 (2010) Advice to two large non-UK airports on issues of asset valuation and cost of capital (2010) Advice to a large UK water company on the management of its most recent price control review (2008) A core member of defence committees of two major plcs, leading to successful conclusion of takeovers totalling over £13 billion in 2006, each yielding 30% plus gain to selling shareholders (2006) As a member of the Viridian Group board, contribution to decisions on the commissioning of one new power station, and the construction of a second (2002–07) Director of BAA’s railways business subsidiary, including oversight of the Heathrow Express operation and successful defence of the Gatwick Express (2002–06) Development and operation of a state-of-the-art financial forecasting capability used for rating treasury and funding decisions on £3 billion of debt (2002–04) Direction of two successful price control reviews for the London airports (1996 and 2002) Witness at six Monopolies and Mergers Commission/Competition Commission inquiries in the aviation and rail sectors, and at several Transport Select Committee hearings (1991–2003) Qualifications MA Nottingham University BA Durham University Mike is a Non-executive Director of Oxera Consulting Limited, a wholly owned subsidiary of Oxera Holdings Limited.