Network Rail has announced the appointment of Jeremy Westlake as its next chief executive, succeeding Sir Andrew Haines who is retiring after seven years in the job.
Westlake, who is currently CFO, will formally take up the role in October, at which point he will oversee the merger of Network Rail with Great British Railways.
Paul Marshall, currently group finance director, has been appointed as chief financial officer, succeeding Westlake.
Westlake said: “I’m honoured to be appointed chief executive at such a pivotal time for Britain’s railway.
“I look forward to working with colleagues across the industry to continue building a railway that is safe, efficient, and fit for the future – serving passengers, freight, and communities across the country.”
Network Rail chairman, Mike Putnam, said: “On behalf of the Board, I am delighted to announce Jeremy Westlake as our new chief executive. He brings extensive leadership experience from across the transport and engineering sectors, both in the UK and internationally.
“His strong track record in encouraging cross-industry collaboration, working closely with our supply chain, and driving continuous improvement will be crucial as we continue the transition towards Great British Railways.
“At a time of significant transformation for the rail industry, Jeremy’s experience and strategic insight will be key to ensuring Network Rail continues to deliver a safe and reliable railway for passengers and freight customers.”
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