Latest Rail News

01.11.17

HS2 hires new finance director amid redundancy payment controversy

HS2 has brought in a new financial director as the organisation attempts to tackle questions over unauthorised redundancy payments.

Elizabeth Gillbe – currently finance and analysis director at Crossrail – will join the company in January next year.

The decision comes in the wake of chief financial officer Steve Allen resigning from the organisation last week following the revelation that HS2 had overspent by almost £2m on redundancy payments.

Speaking at the Public Accounts Committee this week, chief executive Mark Thurston commented: "We think we've got a good hire there, she comes with a lot of good experience.

“These are really key positions for us as a company, so it's important we get the right people who can grow both individually and professionally with the life of the programme.”

Unauthorised redundancy payments of over £1.7m have caused havoc within HS2 since the irregularities were revealed in July. This week the PAC heard that previous chief executive Simon Kirby had been told directly by a DfT executive to not offer the redundancy packages, adding that he had potentially defrauded the taxpayer through the overspend.

As well as Gillbe’s appointment there is expected to be a new HR director joining the company in the next few weeks.

Have you got a story to tell? Would you like to become an RTM columnist? If so, click here.

Comments

There are no comments. Why not be the first?

Add your comment

 

related

Rail industry Focus

  • 11/09/2019The next generation of rail infrastructure

    How the rail industry delivers the next generation of complex infrastructure will rely heavily on the people tasked with leading the projects, and the technology they use to do it. Faithful+Gould...
  • 11/09/2019Putting passengers first

    How does the rail industry design the railways for the next 40 years, and when it does, how do we make sure it’s all done with the passenger in mind? Jane Fisher joined three members of the Arup team...
View all News

Comment

The challenge of completing Crossrail

05/07/2019The challenge of completing Crossrail

With a new plan now in place to deliver Crossrail, Hedley Ayres, National Audit Office manager, major projects and programmes, takes a look at ho... more >
Preparing the industry to deliver trains for the future

04/07/2019Preparing the industry to deliver trains for the future

The move to decarbonise the rail network involves shifting to cleaner modes of traction by 2050. David Clarke, technical director at the Railway ... more >

'the sleepers' blog

Network Rail’s, Anna-Jane Hunter on HS2, NPR, and supply chain opportunities

29/08/2019Network Rail’s, Anna-Jane Hunter on HS2, NPR, and supply chain opportunities

Anna- Jane Hunter, is a ‘proud northerner’ and is passionate about continuing the investment and the success story of rail across the North.  She plays a key role in working with government and northern leaders to enable the net... more >
read more blog posts from 'the sleeper' >

Interviews

Andrew Haines, CE of Network Rail, tells BBC News his organisation could issue future rail franchises

24/06/2019Andrew Haines, CE of Network Rail, tells BBC News his organisation could issue future rail franchises

Andrew Haines, the Chief Executive of Network Rail, has told the Today programme on Radio 4's BBC’s flagship news programme that he would not rule out his organisation issuing future r... more >
Malcolm Holmes, executive director of West Midlands Rail Executive, announced as TCR Midlands speaker in Birmingham

24/06/2019Malcolm Holmes, executive director of West Midlands Rail Executive, announced as TCR Midlands speaker in Birmingham

Ahead of his appearance, Malcolm Holmes spoke with Rail Technology Magazine about what key leaders in the industry were doing to improve rail in the Midlands. He said: “It’s very... more >