Outgoing Civil Aviation Authority boss Andrew Haines has been named as Network Rail’s new chief executive, taking over from Mark Carne.
Mr Haines was named chief executive of the Civil Aviation Authority in August 2009 and is standing down after a decade at the helm.
He has been hailed for modernising the CAA as well as its safety record during his time there.
Before joining the CAA, Mr Haines held roles including managing director at South West Trains and managing director of the rail division for First Group.
Network Rail chairman Sir Peter Hendy said he was the ”most outstanding candidate in a highly competitive appointment process”.
He added: “Andrew’s broad experience of rail and transport, and his reputation for relentless delivery and improvement, makes him the ideal candidate to carry on with the transformation of Network Rail that has been led by Mark Carne.”
Mr Haines will be paid a salary of £588,000 inclusive of benefits and a 9 per cent ‘at risk’ performance-related pay element measured against safety, financial, asset management, project delivery and customer and train performance metrics.
The new CEO’s salary is 27 per cent lower than his predecessor Mr Carne’s.
Mr Haines said: “Since my first job as a left luggage clerk at London Victoria I’ve been passionate about improving the services that the railways provide to customers and the wider economy.
“It will be an immense privilege to work alongside the dedicated, professional colleagues at Network Rail and many partner organisations to deliver closer working between track and train, embed devolution and turn the digital railway strategy into reality.”
Network Rail did not specify a date for the new boss to take up his role, saying only that it would happen in “the early autumn”.
Mr Carne will retire from Network Rail later this year, after more than four years in charge at the rail operator.
His reign has seen the completion of redevelopments at London Bridge and Birmingham New Street.
Network Rail was also reclassified into the public sector under Mr Carne’s term leading the organisation, which he joined following a career with stints at Royal Dutch Shell, BG Group and Shell.
Mr Haines is being succeeded at the CAA by Richard Moriarty.