RAILTRACK YESTERDAY unveiled a boardroom reshake-up designed to reassure the Government and the City that it has the management resources to run the national rail network.
The overhaul involves no further board-level departures following last week's resignation of Gerald Corbett as chief executive. Railtrack has shuffled its executive and senior management ranks to put more stress on engineering and maintenance.
Changes include appointingRailtrack's first chief engineer, and a new director of asset maintenance to oversee relations with contractors.
Richard Middleton, formerly Railtrack's commercial director and a railwayman with 24 years' experience, switches boardroom roles to become technical director. Jonson Cox, made chief operating officer last week after just 11 weeks at Railtrack, adds Mr Middleton's commercial responsibilities to his role.
The changes were announced as Steve Marshall, Railtrack's new chief, held his first meeting with Sir Alastair Morton, the chairman of the Shadow Strategic Rail Authority. …