Network Rail’s chief executive Iain Coucher has announced that he will be forgoing any annual bonus this year. Coucher has informed the company’s remuneration committee that he has taken a personal decision to withdraw from the bonus scheme for the 2008/9.
Coucher said that over the last 12 months Network Rail has met or exceeded almost all of the targets set by the Office of Rail Regulation. However, he added: “I am mindful of current sentiment, so I have taken a personal...
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