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ACE is a public facilities corporation created by the City of Austin
About Us – Board of Directors
ACE is governed by an independent board of directors appointed by the Austin City Council
Troy Madres
Vice-President
Troy Madres is an Executive Director with Morgan Stanley, a global investment bank, where he works with local and statewide municipal issuers around the country. Troy has been a Director of ACE since September 2023, has served as Treasurer and was appointed Vice President in 2025.
Appointed 9/2023 – 2/2026
Kimberly Olivares
Treasurer
Kimberly Olivares is Deputy Chief Financial Officer for the City of Austin. Her responsibilities include oversight of treasury, strategic facility delivery, tax increment reinvestment zone and public improvement district financing, real estate, and Financial Services Department administrative staff. Kimberly has been a Director of ACE since August 2021, previously served as Secretary and was appointed Treasurer for 2025.
kimberly.olivares@austince.org
Appointed 8/2021 – 8/2027
Margaret Shaw
Secretary
Margaret Shaw manages complex public-private real estate partnerships and redevelopment projects for the City’s Financial Services Department. In downtown Austin, she oversees the 2nd Street and Seaholm Districts as well as the East 6th Street and Downtown public improvement districts. She has been a Director of ACE since September 2024 and was appointed Secretary for 2025.
Appointed 10/2024 – 4/2026
Lee Crawford
Board Member
Lee Crawford is a senior level manager and licensed attorney with substantial public and private sector experience. Since 2009 he has served in both legal and management positions with the City of Austin. Lee has been a Director of ACE since August 2021.
Appointed 8/2021 – 8/2027
Susana Carbajal
Board Member
Susana Carbajal currently serves Chief of Staff for the City of Austin and has served the City of Austin for over 13 years in strategic leadership roles. Susana has been a Director of ACE since January 2024.
Appointed 1/2024 –1/2030
Anthony Segura
Board Member
Anthony Segura currently serves as the Deputy Director of the Economic Development Department for the City of Austin and has served for over 15 years in various Managerial and Executive roles. Anthony has been a Director of ACE since June 2024.
Appointed 5/2024 –5/2030
Standard ACE board terms are six years, some members were appointed by Council to fill unexpired terms. Expired members continue to serve until the City Council re-appoints or appoints a replacement. There are no term limits.
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