Post by snoggle on Jun 25, 2015 12:02:50 GMT
The Secretary of State for Transport has announced various changes at Network Rail. The main one affecting London is that Sir Peter Hendy becomes the new Chairman of Network Rail. Mike Brown, LU MD, takes over as Interim TfL Commissioner.
The electrification of the Midland Main Line and Transpennine Line have been "paused" pending a review by Sir Peter Hendy which reports back to the SoS in the Autumn.
There are other changes like no bonuses for NR directors, abolition of the public members on NR Board, Richard Brown is appointed as special NR Director and there will also a special review of NR investment strategy.
The electrification of the Midland Main Line and Transpennine Line have been "paused" pending a review by Sir Peter Hendy which reports back to the SoS in the Autumn.
There are other changes like no bonuses for NR directors, abolition of the public members on NR Board, Richard Brown is appointed as special NR Director and there will also a special review of NR investment strategy.
