The National Railroad Passenger Corp. (Amtrak) announced the resignation of Alex Kummant, its president/CEO.

"I'd like to thank Alex for his commitment to Amtrak over the past two years," said Hunter Biden, vice chair of the board. "Our board is committed to keeping Amtrak on an aggressive path of performance improvement. Current economic conditions highlight the need for us to continue finding ways to drive quality and customer service across the system. We are moving forward with the development of an aggressive long-term plan for the company, based on the recent legislation passed by Congress."

Kummant said that he was proud of what the management team at Amtrak accomplished over the last couple of years and that Amtrak has “a strong operational and financial base to get through the coming turbulent times.”

William Crosbie, Amtrak’s chief operating officer, will serve as interim president/CEO, while the board searches for Kummant’s replacement.