26th May 2021 11:49
(Alliance News) - Go-Ahead Group PLC on Wednesday said Chief Executive David Brown plans to retire at the end of 2021, after 10 years leading the bus and train operator.
Newcastle, England-based Go-Ahead said the board has begun the process of appointing a successor. Brown will remain in place throughout to ensure a smooth transfer of leadership, it said.
Brown, formerly the CEO of London Buses for Go-Ahead London and managing director of Surface Transport at Transport for London, has worked in the transport industry for 40 years.
Go-Ahead Chair Clare Hollingsworth said Brown "has championed innovation and growth in the UK, led our overseas expansion and successfully steered us through the pandemic."
Go-Ahead shares were trading down 3.5% at 1,254.19 pence each in London on Wednesday.
By Scarlett Butler; [email protected]
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