transportation station

Newly appointed Houston METRO chair vows​ to bring clean, reliable public transit

Elizabeth Gonzalez Brock was named as board chair of the Metropolitan Transit Authority of Harris County. Photo via LinkedIn

Houston Mayor John Whitmire named the new board chair of the Metropolitan Transit Authority of Harris County.

An executive at Houston-based CenterPoint Energy, Elizabeth Gonzalez Brock was appointed to lead Houston METRO. The move, pending City Council and board approval, would make her the first Hispanic woman to chair the state's largest transit authority.

"I am grateful to Mayor Whitmire for the honor and opportunity to lead METRO as Board Chair and to be entrusted with this important responsibility, said Brock in a news release. “By appointing the first Hispanic woman in this role, the mayor confirms his commitment to identifying experienced, qualified, and diverse individuals to serve our city and his administration.

"I look forward to working collaboratively with the mayor, the METRO Board, and all levels of government to transform METRO into a best-in-class model of transit, accountability and transparency," she continues. "We will empower a strong management team that will drive measurable results and work directly with customers to understand their real needs to make public transit a safe, clean, and viable option for everyone.”

Brock is vice president of utility infrastructure planning and policy at CenterPoint Energy where she led large customer service, business, and economic development. Brock previously held positions at Reliant Energy, Texas Southern University, and the University of Houston in leadership roles. Brock graduated from the University of Houston with a bachelor's degree in political science.

She has been a member of the Board of Houston First Corporation since 2017 and was a founding member and chair of EV nonprofit Evolve Houston.

"Elizabeth is the leader we need for METRO today,” Whitmire said in a news release. “She brings a 'customer first' mindset, which is exactly the thinking our community deserves," Mayor Whitmire said. "Safety and reliability are key for all who depend on or commute alongside public transportation. I am confident that Elizabeth will use her results-driven expertise to drive METRO to deliver a user-friendly and fiscally responsible transit system to all. She understands that my priority is providing mobility options for all Houstonians."

The area has a 1,309-square-mile service area and an annual budget of $ 1.6 billion.

Recently, Whitmire announced Houston Airports Chief Operating Officer Jim Szczesniak replaced longtime Director Mario Diaz. Diaz was head of Houston Airports since 2010 and oversaw the George Bush Intercontinental Airport, William P. Hobby Airport and Ellington Airport, a military use airport. Szczesniak served as Houston Airport’ chief operating officer for the past two years. He previously led the multibillion-dollar capital improvement program.

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A View From HETI

PitchBook attributes $634 million in fourth-quarter VC to Fervo. Photo via Getty Images

The venture capital haul for Houston-area startups jumped 23 percent from 2023 to 2024, according to the latest PitchBook-NVCA Venture Monitor.

The fundraising total for startups in the region climbed from $1.49 billion in 2023 to $1.83 billion in 2024, PitchBook-NVCA Venture Monitor data shows.

Roughly half of the 2024 sum, $914.3 million, came in the fourth quarter. By comparison, Houston-area startups collected $291.3 million in VC during the fourth quarter of 2023.

Among the Houston-area startups contributing to the impressive VC total in the fourth quarter of 2024 was geothermal energy startup Fervo Energy. PitchBook attributes $634 million in fourth-quarter VC to Fervo, with fulfillment services company Cart.com at $50 million, and chemical manufacturing platform Mstack and superconducting wire manufacturer MetOx International at $40 million each.

Across the country, VC deals total $209 billion in 2024, compared with $162.2 billion in 2023. Nearly half (46 percent) of all VC funding in North America last year went to AI startups, PitchBook says. PitchBook’s lead VC analyst for the U.S., Kyle Stanford, says that AI “continues to be the story of the market.”

PitchBook forecasts a “moderately positive” 2025 for venture capital in the U.S.

“That does not mean that challenges are gone. Flat and down rounds will likely continue at higher paces than the market is accustomed to. More companies will likely shut down or fall out of the venture funding cycle,” says PitchBook. “However, both of those expectations are holdovers from 2021.”

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This story originally appeared on our sister site, InnovationMap.com.

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