Former transport boss lands top job at Network Rail

By Jordan Marshall2018-05-22T06:00:00

CAA’s Andrew Haines is set to replace Mark Carne

Outgoing Civil Aviation Authority boss Andrew Haines has been appointed to replace Mark Carne as chief executive of Network Rail, but he is in line or a serious pay cut.

Haines, who is set to join the national rail authority later this year, is set to be paid £588,000 a year, 27% less than his predecessor, who announced his retirement in February.

He will also have an ‘at risk’ performance related pay element of up to 9% of basic salary that will be dependent upon performance measured against safety, financial, asset management, project delivery and customer and train performance metrics. His salary will be reviewed annually.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community