Go-Ahead Group PLC Go-Ahead Group plc appoints new CEO (1050G)
22 July 2021 - 4:01PM
UK Regulatory
TIDMGOG
RNS Number : 1050G
Go-Ahead Group PLC
22 July 2021
The Go-Ahead Group plc 4 Matthew Parker Street,
London, SW1H 9NP
Telephone 020 7799 8999
PRESS RELEASE
22 July 2021
THE GO-AHEAD GROUP PLC
("GO-AHEAD" OR "THE GROUP")
GO-AHEAD ANNOUNCES THE APPOINTMENT OF GROUP CHIEF EXECUTIVE
Following a thorough selection process, the Board of the
Go-Ahead Group plc ("Go-Ahead") is pleased to announce the
appointment of Christian Schreyer as Group Chief Executive with
effect from the conclusion of the Annual General Meeting on 5
November 2021. He will join the Group on 1 November.
Christian's appointment follows David Brown's decision,
announced in May, to retire from the role of Group Chief Executive
by the end of the year. David will step down as Group Chief
Executive and from the Board at the conclusion of the Annual
General Meeting on 5 November 2021 and retire from Go-Ahead at the
end of the year to support a smooth transition.
Christian, 53, a German national, has been working for Transdev,
the public transport operator, since 2014, most recently as CEO
North and Central Europe. He was a member of the Executive
Committee and has led the development and transformation of multi
modal operations across 7 countries with 26,000 colleagues. When
Chief Strategy and Performance Officer for the Group he diversified
Transdev from B2C transport businesses by expanding on its work
with regional and local governments including developing end to end
transport solutions such as Mobility as a Service.
Prior to Transdev, Christian worked for more than 15 years for
Deutsche Bahn Group in roles including Head of Corporate Strategy,
and he was a member of Deutsche Bahn's mergers and acquisitions
committee.
Clare Hollingsworth, The Go-Ahead Group plc Chairman said:
"I am delighted to welcome Christian to Go-Ahead. He joins us at
a time when we are responding to the effects of the pandemic,
fundamental shifts in government policy but also the opportunity to
be part of the solution to climate change and towards Net Zero.
"Christian's record of driving efficiency and better service for
passengers and clients, his experience of international markets and
innovation in urban mobility, will enable our business to respond
well to the challenges and opportunities ahead. While the Board
looks forward to working with Christian as our new CEO, it renews
its thanks to David Brown for the job he has done leading the Group
for the last 10 years."
Christian Schreyer added:
"It is a great honour to be appointed to lead Go-Ahead. I have
always found Go-Ahead to be a great company with excellent people.
I am very grateful that the Board have put their trust in me to
take on this important role. While digital disruption and the
COVID-19 pandemic have been giving the transport market a difficult
time, the industry faces many opportunities. I am convinced that we
will find the right answers to these challenges together."
ENDS
For further information, please contact:
Investor Relations investorrelations@go-ahead.com
/ 07835 691828
Press office Communications@go-ahead.com / 07977
343846
Notes:
1. There are no further details to be disclosed pursuant to
Listing Rule 9.6.13 R (1) - (6). Christian Schreyer's appointment
terms are in accordance with the remuneration policy approved by
shareholders.
GO-AHEAD
Go-Ahead is one of the leading UK public transport operator
companies. Our purpose is to be the local partner taking care of
journeys that enhance the lives and wellbeing of our communities
across the world. Employing around 30,000 people across our
businesses, typically over 1.2 billion passenger journeys are
undertaken on our rail and bus services every year. In addition to
the travelling public, our customers include governments and local
authorities. We are committed to contributing to tackling climate
change, improving air quality and reducing social isolation, and
aim to run a zero emission bus fleet by 2035.
BUS
Go-Ahead is one of the UK's largest bus operators. With a fleet
of nearly 6,000 buses, we typically carry over two million
passengers every day. We have a strong presence in London, with
around 24 per cent market share, where we provide regulated
services for Transport for London. Outside London, we principally
serve high-density commuter markets, including the North East,
Greater Manchester, East Yorkshire, East Anglia, South East and
South West England. Internationally, we operate a bus contract in
Singapore and two bus contracts in Ireland.
RAIL
The rail division operates two franchises in the UK, three
contracts in Germany and one in Norway. In the UK, Southeastern and
GTR (Govia Thameslink Railway) operate through our 65 per cent
owned subsidiary, Govia, which is 35 per cent owned by Keolis. It
is the largest rail operation in the UK, responsible for around 30
per cent of all UK passenger rail journeys through its rail
franchises. In Germany and Norway, our contracts are run
exclusively by Go-Ahead.
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END
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