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Amtrak Seeks Feedback on Proposed Corporate Restructuring
['Tiana May', 'Interim President Byl Herrmann Said']
News | Railway-News
Amtrak has announced plans to restructure its corporate system, with its Board of Directors advancing a preliminary framework intended to support the railway operator’s future growth.
The proposal, developed by Amtrak’s management team, would retain Amtrak as the parent organisation responsible for governance, strategic direction and coordination.
Under the framework, the company would be reorganised into three dedicated business units covering passenger services, infrastructure management and fleet management.
A separate Fleet Management business would manage the company’s rolling stock programme, including more than 10 billion USD of fleet investment.
Interim President Byl Herrmann said: Our management team developed this preliminary framework after extensive study and continues to seek input to be sure we get it right.