Friday, 10 February 2012

NR Annual Meeting adjourned

This from Network Rail...


Network Rail's general meeting to discuss directors' remuneration was adjourned today.

Rick Haythornthwaite, chairman, said: "Today's meeting is the latest leg in an 18-month search to find the answer to a crucial question - how can we retain and attract talent to meet the very significant challenges that Network Rail takes on daily - while at the same time, make our remuneration approach better aligned with taxpayer needs, tougher in its demands and less lucrative in its potential reward. This dilemma remains unresolved."

No doubt the fragrant Justine is busy working on a solution to this very dilemma which, lest we forget, she created?