23 Oct 2008 (provided by Railways Illustrated), Category: Rail: Train operations & management
Network Rail has begun a search for a new chairman. The current chairman, Sir Ian McAllister, has confirmed his intention to step down from the Board following the company's Annual General Meeting in July 2009.
Speaking on the sixth anniversary of Network Rail taking charge of Britain's rail infrastructure, Sir Ian McAllister said: ‘As the company enters a new phase in its development, it is entirely appropriate that a new chairman helps take the company forward. The next challenge is for Network Rail to help deliver an expanded and enhanced railway to meet the growing demand from passengers and freight customers. My role now will be to help find a replacement and see through a smooth transition.’
In addition, Ron Henderson, Network Rail group finance director, has announced his intention to retire.
Mr Henderson played a pivotal role in taking Railtrack out of administration and securing funds to invest in Britain's rail system. He will stay with the company for the next few months to ensure a smooth hand-over to his replacement, who will be announced shortly.