Network Rail says new head gets pay boost

5th September 2013, Comments 0 comments

Britain's state-backed railways operator Network Rail said on Thursday that its new chief executive Mark Carne would be paid 15 percent more than his predecessor.

Carne, 54, a former executive for energy giant Royal Dutch Shell, will succeed David Higgins from April, Network Rail announced in a statement.

He will be paid a basic annual salary of £675,000 ($1.0 million, 802,500 euros), which compared with £577,000 for Higgins.

The operator has faced a steady flow of criticism over train punctuality, and warnings from regulators over its performance.


© 2013 AFP

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