KiwiRail’s chief executive Peter Reidy is to leave the state-owned operator after four years in the role and join Fletcher Construction to head the company’s construction division.
Reidy, who has been KiwiRail’s chief executive since March 2014, was praised by the operator’s board for his contribution.
“The board would like to acknowledge Peter’s significant contribution particularly in the areas of customer service, commercial performance, improvements in health and safety and leading a step-change in culture,” a KiwiRail statement stated.
“He leaves behind a revitalised and strong management team, a positive ‘One KiwiRail’ culture in our 3400 people and an organisation which is primed for growth.”
The KiwiRail board has indicated that the search is now under way for Reidy’s replacement.