BusinessCompany NewsRailtrack chief slams ‘accountants’

Railtrack chief slams 'accountants'

Steve Marshall, the embattled chief executive of Railtrack, has launched a blistering attack on the company's administrators, Ernst & Young.

Responding to rumours of his imminent departure, Marshall accused the administrators from Ernst & Young of ‘vacillating’ on the appointment of his successor.

‘They think they are railway experts but they are a bunch of accountants drawing up a list of railway rejects,’ he told Sunday Business over the weekend.

The onslaught came as it emerged the administrators, led by Alan Bloom, were planning to remove Marshall, who resigned in October, chairman John Robinson and finance director David Harding as early as this week.

Links

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