Rail

Amtrak fires CEO Gunn

Posted on November 9, 2005

The Amtrak board of directors fired President and CEO David Gunn, citing money losses and a need to increase operating cost reductions.

David Hughes, the railroad's chief engineer, will serve as acting president and chief executive while the board searches for Gunn’s replacement.

Gunn, who led the national passenger railroad since May 2002, had come under fire for opposing Bush Administration plans to reform Amtrak by giving operating authority to private companies and the states.

Amtrak's board has four voting members, all Bush appointees.

The railroad received $1.2 billion in federal subsidies in the year that ended Sept. 30. Amtrak has posted $29 billion in losses during its 34 years.

View comments or post a comment on this story. (0 Comments)

More News

NJ TRANSIT hearing focuses on PTC

Some lawmakers expressed concern as to whether NJ Transit would be able to implement positive train control by the federally mandated deadline of Dec. 31, 2018.

Alstom to supply 14 metro cars to RATP, STIF

Due to circulate on line 4, the MP14 trains will help to increase the capacity and quality of transport on the line, with a targeted global service equivalent to that of line 1.

Development of iconic perfume threatened by high-speed rail plan

Chanel says it will leave Grasse, dubbed the perfume capital of the world, unless plans are dropped to drive a TGV line through the fields of flowers required to make the world’s most famous scent

MBTA employees to use 'biometric' time clock at rail facility

This new system, which has been in the works for more than a year, will enable employees to clock in and out by swiping their finger and tapping in a personalized PIN number.

Texas bullet train builder expands leadership, adds Aguilar as CEO

Tim Keith becomes president and will lead capital raising and external affairs.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close