Construction Logo For Mobile
Time and date
Share this page
Construction News

Coucher To Step Down As Chief Executive Of Network Rail

Iain Coucher has informed Network Rail's Board of his intention to step down following eight years with the company, including three years as Chief Executive.

He will remain in his post over the coming months and will be involved in the search and recruitment of a successor to allow for a smooth and orderly transition.

Network Rail Chairman, Rick Haythornthwaite, said: "Iain has been an outstanding leader for Network Rail both as chief executive and deputy chief executive. During his time with the company Britain’s railway has been transformed with improved punctuality which is at record levels, safety improved and billions removed from the company’s costs through efficiency saving. What was a company with enormous problems in 2002 is a strong and stable one today – and Britain's rail users and taxpayers are the main beneficiaries.


"The Board and Iain agreed that ,with Network Rail one year into a five year financial settlement, now is the ideal time in our financial and regulatory cycle for Iain to hand over to a new chief executive who will guide the company through the process of reviewing our funding with the Office for Rail Regulation for the next regulatory control period and address the next phase of challenges in its transformational journey.

"Iain and I are working closely together to find a successor and then deliver a smooth and orderly transition, all the time focussed on making sure that throughout the period the company continues to deliver a safe, reliable and efficient railway."

Network Rail Chief Executive, Iain Coucher, said: "I am enormously proud of what the Network Rail team has achieved over the past eight years. Britain’s railway is now on a sure footing for the future.

"Following three years as chief executive, and five before that as Deputy, now is a good time for me to move on. The company needs continuity of leadership throughout the next five year regulatory review period.

"Leading the thousands of dedicated railwaymen and women that make up this company has been the greatest privilege of my professional life. I know that under the management team we have in place, complemented by a new chief executive, they will continue to go from strength to strength in the future."

A process to select a new chief executive is now underway, led by the chairman, Iain Coucher and the Board.


Latest Construction News


Balfour Beatty has secured a £104 million contract to complete works on the Norwich Northern Distributor Road (NNDR) project. The contract was awarded by Norfolk County Council. A new 19.6km dual carriageway will be built, including nine new roundabouts, seven new bridges, an underpass and a more

Work is underway to develop a new £14.2 million visitors facility at Northumberland National Park. Construction firm Sir Robert McAlpine have now began building 'The Sill: National Landscape Discovery Centre'. The new facility aims to open up the national park and its surrounding landscape to more

Expansion plans for a Birmingham City University campus in Edgbaston have been approved by city planners. A new 10,500m3 building has been designed by architects Sheppard Robson and is to be built at the University's City South Campus on Westbourne Road. It will form part of the University's inves

Berkeley Homes has been selected by Mayor of London Boris Johnson to build a housing development in the east of the capital. A total of 3,500 new homes will be developed on the site of a disused Parcelforce depot in Stephenson Street, Newham. The ten hectare site will also include space for a scho

The Environment Agency (EA) has completed a £400,000 flood risk reduction scheme in West Yorkshire. Contractors spent seven months developing a new culvert screen on Ibbot Royd Clough where it passes under Keighley Road in Hebden Bridge. The works will reduce the risk of blockages which have in th

Network Rail is due to begin a £25 milloon signalling modernisation programme between Crewe and Shrewsbury. The scheme, part of the £38 billion Railway Upgrade Plan, will see the signal box at Gesty Lane decommissioned, with signalling control moved to Crewe's central control centre. New signallin

Mace Group's fit-out provider has been selected carry out a project for the Mary Rose Museum at Portsmouth Historic Dockyard. Como will remove the existing 'Hot Box' around the Mary Rose ship and install new permanent glazing to the viewing galleries. The works will provide visitors with unrestric

Welsh renewable energy company Coast2Coast Group has announced the launch of its new construction division. Coast2Coast Construction Services will work alongside the Group's other business arms, Coast2Coast Energy and Coast2Coast Renewables. Based at the company's headquarters in Tonmawr, the cons

A key slip road on the M56 is due to reopen in December, Highways England has announced. The road, off the southbound A556 after Bowdon roundabout, is to be open by Monday, 14 December. It was closed at the end of September as part of construction work on the new £192 million A556 link road betwee

A Salford-based construction firm has been fined after an employee suffered severe burns to his knees after kneeling in wet concrete. DLP Services (Northern) Limited of Cobden Street, Brindle Heath Industrial Estate, Pendleton, Salford, pleaded guilty to breaching Section 22 (1)(c) of the Construct
Canopies South WestQuality Timber Decking (QTD Ltd)Bil Castors and WheelsCastle Scaffolding Northern LtdCNC KwiknailDeans Blinds TOMPSOne Stop Hire LtdU-Roof LtdAmbiRad Ltd
Terms and Conditions