PracticeConsultingThird FD at Railtrack since Hatfield

Third FD at Railtrack since Hatfield

Troubled rail infrastructure provider Railtrack has today announced the appointment of its third finance director in under a year.

David Harding will head Railtrack’s finance function as former FD Sebastian Bull becomes business development director.

In November, Sebastian Bull, who was formerly corporate finance director, replaced CIMA-trained Steven Marshall as Railtrack FD. Marshall had stepped into Gerald Corbett’s shoes immediately after the chief executive resigned in the wake of the Hatfield Crash.

Harding, who is also a CIMA fellow, was finance director of building material manufacturer Rugby Group until it was acquired by RMC last year. Harding was also FD of international engineering group T&N and deputy FD at engineering company TI Group.

Commenting on the changes, Marshall said: ‘He [Harding] joins at a time when there is much to do to rebuild passenger confidence in the railway and where our investment plans and financial management have key roles to play.’

TIMELINE

January 2000FD Norman Broadhurst announced retirement; Steven Marshall brought in.

October 2000Hatfield rail crash.

November 200Marshall becomes chief executive.

December 2000Sebastian Bull appointed FD.

April 2001 Bull made business development director; David Harding appointed FD.

Links

Finance director steps up at Railtrack

Bull named as Railtrack FD.

www.railtrack.co.uk

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