Network Rail boss Sir Andrew Haines announces retirement
Chief executive Sir Andrew Haines said he will leave the company in October after seven years in the role.
The functions of Network Rail – which manages railway infrastructure – will be taken over by Great British Railways (GBR).
The Government is consulting on policies to be included in the forthcoming Railways Bill which will enable the establishment of GBR.
The organisation will be a new public sector body also overseeing train operation.
Sir Andrew said: 'It has been a privilege to lead Network Rail through a time of such change and transformation for Britain's railways, and I am proud of the progress that we have made on performance, safety, reliability and customer service.
'After seven years as chief executive, as Great British Railways starts to progress through legislation and into implementation, I have decided it is the right time for me to retire.
'I am a passionate supporter of the principles behind Great British Railways and the once-in-a-generation opportunity it presents to create an integrated railway that delivers a better service and experience for passengers, stakeholders and colleagues.
'It has been a privilege to lead this transformational journey to date.'
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