NETWORK RAIL GENERAL MEETING ADJOURNED
Friday 10 Feb 2012 11:30
Network Rail's general meeting to discuss directors' remuneration was adjourned today.
Rick Haythornthwaite, chairman, said: "Today's meeting is the latest leg in an 18-month search to find the answer to a crucial question - how can we retain and attract talent to meet the very significant challenges that Network Rail takes on daily - while at the same time, make our remuneration approach better aligned with taxpayer needs, tougher in its demands and less lucrative in its potential reward. This dilemma remains unresolved."
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About Network RailNetwork Rail is the not for dividend owner and operator of Britain's railway infrastructure, which includes the tracks, signals, tunnels, bridges, viaducts, level crossings and stations - the largest of which we also manage. We aim to provide a safe, reliable and efficient rail infrastructure for freight and passenger trains to use. Our website:
www.networkrail.co.uk