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Thursday 3 Nov 2011

NETWORK RAIL BOARD DIRECTOR TO STEP DOWN AFTER 10 YEARS' SERVICE

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National

Peter Henderson, group asset management director, has signalled his intention to leave Network Rail during 2012 after 10 years with the company.

Mr Henderson is one of the original board members of Network Rail, joining in 2002 as it acquired Railtrack. With over 25 years experience as an engineer and project manager in the transport business, his expertise has been invaluable in fixing the broken railway that was inherited from Railtrack.

Recognising Mr Henderson's contribution to the company, David Higgins, chief executive, said: "Peter was a key member of the original Network Rail executive team in 2002 and has played an immensely important role in driving the recovery of the rail network. His industry expertise and strong leadership will be greatly missed."

Mr Henderson previously held various senior roles in major companies involved with significant national and overseas rail projects including the construction and operation of the Tyne and Wear Metro and the Hong Kong Mass Transit Railway. He returned to the UK in 2000 to work for Bechtel where he was projects and engineering director for rail

Mr Henderson has decided to step down from the board during 2012 to pursue other interests. The search for a new asset management director will start shortly and Mr Henderson will stay on to ensure a smooth transition.