Leadership

Frederick R. Treyz is CEO of Regional Economic Models, Inc. (REMI). Dr. Treyz holds a Ph.D. in Regional Science from the University of Pennsylvania, and a B.A. in economics from Princeton University. He has over fifteen years of experience in applied urban and regional economics, including work in transportation, productivity, tax analysis, and economic impact analysis. Publications include articles on interregional trade, transportation analysis, and utility restructuring.

As CEO of REMI, Dr. Treyz is responsible for all aspects of the nation’s leading regional forecasting and policy analysis modeling firm, including maintaining the highest-quality consultation on the use of state and local macroeconomic models for energy, environmental, economic development, and other policies that affect the economy. During his time as CEO, Dr. Treyz has overseen the annual data update and delivery of over 100 economic models. He is also responsible for supervising all REMI consulting projects, including working directly with clients to ensure the most accurate result from the REMI model. Currently Dr. Treyz is leading the development of REMI’s core economic models, TranSight and Policy Insight.

Dr. Treyz has also developed a modeling strategy and business plan to enter the European market. Under his leadership, REMI has covered eight language zones with

Mr. Billy Leung is a Senior Vice President of REMI, where he plays a leading role in U.S. and international consulting and support services. He has worked with government agencies and organizations throughout North America and the world, helping them achieve their planning and policy analysis goals.

Mr. Leung has assisted clients in addressing the impacts of both policy changes and unpredictable events such as natural disasters. He has evaluated the economic and policy impacts of terrorist attacks and other threats to public safety and public health. His research efforts include The Economic Impacts of 9/11 on the New York Region and Macroeconomic Impacts of Shutting Down the US Borders in Response to a Security or Health Threat.

As part of REMI’s global services, Mr. Leung has worked with the Chinese Academy of Sciences and the Korea Energy Economics Institute. In addition to his international efforts, Mr. Leung has assisted state and regional agencies, including Southern California Association of Governments. He has supported their long-term transportation and environmental planning initiatives.

Mr. Leung joined REMI in 2002 and was promoted to vice president in 2009. Over the years, he has contributed to the development of the REMI model and performed economic impact studies. He has analyzed the economic impact of the biodiesel industry in New York State for the U.S. Environmental Protection Agency and researched the economic impact of widening New Mexico’s US 54 for the New Mexico Department of Transportation.

He holds a B.A. in Economics from the University of Massachusetts, Amherst and received his M.A. in Regional Economics and Social Development at the University of Massachusetts, Lowell. His master’s thesis was on the research and development of incorporating transportation and land use with Input/Output economic modeling.

Jerry Hayes is a Vice President at REMI, where he oversees the Research and Development department. He is the Project Manager for all model developments, helping to design new software features and products and make programming changes to the model structure and interface.

Since joining REMI in 2002, Mr. Hayes has contributed to most areas of software development, including improving and optimizing existing model code and processes, designing and implementing new features, working on new products, and managing software development. He has also been involved in analyzing and processing data, testing, and troubleshooting.

Mr. Hayes received a bachelor’s degree in Mathematics from the University of Massachusetts Amherst.