Maybe Good News? Mooreman Announced as New Amtrak CEO!

PaulWWoodring · **Posted:** Fri Aug 19, 2016 12:10 pm

Just announced this am. Former NS CEO Wick Mooreman has been named the new CEO of Amtrak, to succeed Joe Boardman next month. This will hopefully be some good news for Amtrak, which desperately needs some.

Link to e-mail from Amtrak Corp. Comm., via All Aboard Ohio's Ken Prendergast:

https://groups.yahoo.com/neo/groups/AAO ... ages/15566

Chris Webster · **Joined:** Sat Aug 25, 2007 12:45 am **Posts:** 1087

Link to the Wall Street Journal's coverage: Amtrak Names New CEO

I thought these details were especially interesting:

Quote:

Mr. Moorman, who served as Norfolk Southern’s chairman and CEO before retiring last year, is expected to serve as a “transitional” leader of the passenger railroad, Amtrak Chairman Anthony Coscia said.....Mr. Moorman is expected to start on Sept. 1, earning a salary of $1 a year, with an annual bonus of $500,000 tied to performance goals, Mr. Coscia said.

PaulWWoodring · **Posted:** Fri Aug 19, 2016 12:33 pm

There's a paywall to the WSJ story.

daylight4449 · **Posted:** Fri Aug 19, 2016 1:31 pm

Railway Age does have an excellent article on Mr. Moorman's new position, for those thwarted by the paywall article;
http://www.railwayage.com/index.php/pas ... channel=41