Construction NewsConstruction Directory Fronius UK Ltd
First Solution Online Fenland Fire Contracts Online Security Products B J Shelving Ltd DIY Wetroom.com Saims Uk HG Design Miscellanea Discontinued Bathroomware Steni Uk Ltd Carpet Tiles Next Day Spanlite UK Ltd Arridge Garage Doors Limited A1 Environmental Services Ltd www.wmplanthire.com The Upton Original Wood Co J H Plant Hire & Contracting Ltd

United Kingdom Industry News

17/06/2010

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 Britainís railway has been transformed with improved punctuality which is at record levels, safety improved and billions removed from the companyís costs through efficiency saving. What was a company with enormous problems in 2002 is a strong and stable one today Ė and Britain's rail users and taxpayers are the main beneficiaries.

- - - - - - Advertisement - - - - - -
hss

"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. Britainís 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.

(CD/GK)
Bookmark and Share

Top Stories
28/01/2015
EDF To Cut Gas Prices By 1.3%
28/01/2015
Capita To Acquire Constructiononline For £35m
28/01/2015
Firm Fined £10,000 For Safety Failings
28/01/2015
Pickles Welcomes Regeneration Plans For London
28/01/2015
Berkeley Launches £2m Innovation Fund
28/01/2015
Forrest Scoops Deal Worth Up To £350m
28/01/2015
Cemplas Chosen To Inspect External Concrete Ring Beams For School Clothing Firm
28/01/2015
CEO Of Hague Fasteners Celebrates 25 Years At The Company
27/01/2015
£30m Aerospace Research Centre Opens
27/01/2015
Willmott Dixon To Deliver Energy Improvements To Homes In Leeds
Construction News Archive
Submit News Story
Editorial Staff
home
UK Construction Industry News
EDF To Cut Gas Prices By 1.3%
Capita To Acquire Constructiononline For £35m
Firm Fined £10,000 For Safety Failings
Pickles Welcomes Regeneration Plans For London
Berkeley Launches £2m Innovation Fund
Forrest Scoops Deal Worth Up To £350m
Cemplas Chosen To Inspect External Concrete Ring Beams For School Clothing Firm
CEO Of Hague Fasteners Celebrates 25 Years At The Company
£30m Aerospace Research Centre Opens
Willmott Dixon To Deliver Energy Improvements To Homes In Leeds
Final Plans Announced For 'Crossrail For The Bike'
Work On New Road In Doncaster Begins
Subscribe to email news

national News
Tesco Announce 43 Store Closures
EDF Announce Price Cuts
Knife Amnesty Launches In Teenagers Memory
Fault Shuts Down Nuclear Reactor In Morecambe
Appeal Issued For Information On Beach Find Body
NHS Watchdog To Issue Asthma Treatment Guidelines
License Allows Beavers To Stay In Devon River
Police Arrest Two Men Over 1991 Abduction And Murder
Waitrose To Create Up To 2,000 New Jobs
Police Search Woodland For Missing Dorset Woman
Alice Gross Murder Suspect 'Would Have Faced Charges'
ONS Figures Show Economy Growth
Welsh Council Merger Plan Dropped
Other News In Brief
Construction News Archive
download the Construction app from the app store
H M James & Sons Ltd Powrmatic Ltd Conway Builders Ovenden Tipper Services Ltd Orbital Fasteners Ltd Liberty Steel Structure Insulation Cart Pro Door (UK) Ltd Stanton Bonna Concrete Ltd SRL Ltd Select Garage Doors Ltd Elite Precast Concrete Ltd R3 Polygon UK Ltd. Fibrelok Geosynthetics Chicago Glass (UK) Ltd Grundys (Ironmongers) Ltd
Basement & Drainage Systems Ltd
Flagship Media Group Ltd
Unit C3, 6 Westbank Drive, Belfast,
BT3 9LA, Northern Ireland
Tel (+44) 28 9031 9008
Contact : Click here
Website Terms and Conditions

keycons003 / keycons003x5 29/01/2015 04:16:09 / A4 / B6 / 0.015625, 54.159.218.151 / BOT1

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.