Network Rail close to new chief
Sunday 19 September 2010
Rick Haythornthwaite, Network Rail's chairman, is expected to name the infrastructure operator's new chief executive by the end of the month.
Current chief executive Iain Coucher leaves at the end of October. Mr Haythornthwaite is interviewing the final "handful" of candidates to replace him, according to a close source. It is believed that at least one of the candidates has an oil-and-gas background – a sector that focuses heavily on health and safety, a key requirement for the rail company.
Speculation is mounting that the next chief is likely to come from overseas, most likely the US. Headhunter Egon Zehnder was charged with finding someone from outside the rail industry with experience of running a major international company.
The new chief is likely to be asked to radically overhaul the government-backed company, with some Tory MPs known to have warmed to the idea of privatisation. But, the Department for Transport is unlikely to follow up the idea as it would destabilise the coalition.
- 1 Amy Winehouse statue unveiled in Camden
- 2 Lego breaks out of the toy box and heads for the gallery
- 5 A bottle of wine a day is not bad for you and abstaining is worse than drinking, scientist claims
George Galloway on Scottish independence: The political class is doing what Hitler couldn’t – destroying Britain
Daniele Watts: Django Unchained actress detained in Los Angeles after being mistaken for a prostitute
Scottish independence: Nationalist leader Jim Sillars threatens pro-union companies with 'day of reckoning' after independence
Scottish independence: Yes campaign feels the heat as Alex Salmond's NHS claims come under furious attack
Scottish independence: Britain faces 'constitutional crisis' at next election
£23m Birmingham cycle scheme is attacked by Tory councillor for not catering to the elderly
iJobs Money & Business
£280 - £320 per day: Ashdown Group: The Ashdown Group have been engaged by a l...
£400 - £450 Per Day: Clearwater People Solutions Ltd: **URGENT CONTRACT ROLE**...
£35000 - £38000 per annum + Benefits: Ashdown Group: Training Coordinator / Pl...
Data Governance Manager (Solvency II) – Contract – Up to £450 daily rate, 6 month (may go Permanent)
£400 - £450 Per Day: Clearwater People Solutions Ltd: We are currently looking...