New rail boss get £84,000 'rise'

The new Network Rail chief executive will be on a basic annual salary of 675,000 pounds
5 September 2013

The new chief executive of Network Rail (NR) will start on a basic annual salary over £80,000 more than his predecessor.

The not-for-dividend company, which has no shareholders, said former Shell executive Mark Carne, 54, will succeed Sir David Higgins on April 1 next year.

NR said father-of-three Mr Carne would be on a basic annual salary of £675,000. This compares with Sir David's figure of £591,000.

NR has faced constant criticism recently over train punctuality, with repeated warnings by rail regulators about its performance, particularly on long-distance routes.

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