Network Rail chief executive Mark Carne is to step down from his role after four years in charge.
The announcement comes weeks after Network Rail told the public that Carne was doing a “terrific job”.
The former Shell boss is to step down later this year, giving the organisation time to choose a new CEO before the beginning of the next control period. Responding to Carne’s decision, Network Rail chairman Sir Peter Hendy applauded the “outstanding job” that the chief executive had done in the role.
“His leadership steadied the ship during the challenging transition to a public sector organisation and he has been the architect behind the huge positive changes in the company, driving transformation, devolution and efficiency, with an emphasis on equality and diversity too” Hendy said. “Three years ago, he set out a strategic vision for a digital railway transformation which is now becoming a reality in our plans. Throughout this, he has maintained a determined focus on delivering the biggest upgrades to the railway in a hundred years.
“Perhaps his biggest legacy, however, is the change in safety culture that he has very personally led and which has done so much to make the railway and our workforce safer.”
The chairman confirmed that the two had discussed Carne’s retirement and decided on a timescale which would allow him to submit the upcoming strategic business plan ahead of the beginning of the next control period in April 2019. He will continue to lead Network Rail until he steps down officially in the summer 2018.