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Archive
2011-10-04 HS1-001
HS1 Ltd
HS1 appoints new finance chief
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 High Speed 1
HS1 Limited
Graeme Thompson
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Press release
HS1 Ltd
HS1 appoints new finance chief
date 4 October 2011
source HS1 Ltd
type Press release
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HS1 Ltd, the owners and operators of High Speed 1, the UK's only high speed railway connecting London, Kent and Europe today [Tuesday 4 October] announced the appointment of Graeme Thompson as Chief Finance Officer.
Thompson's appointment follows the resignation of Graham Gunn, who had held the post since 2007. During this time, Graham helped guide HS1 Ltd from building project and construction marvel to operational business. The company was then a subsidiary of London & Continental Railways, before the successful sale in the autumn of 2010 to a Canadian consortium comprising Borealis Infrastructure Ltd and Ontario Teachers' Pension Plan.
Nicola Shaw, Chief Executive HS1 Ltd, said: "I would like to thank Graham for his major contribution to HS1 Ltd over the last few years particularly for the role he played in development of the business model, and then in our first year as a privately owned business. Our current success and bright future owes much to Graham's role in the executive team here. I wish him every success for the future".
Graham Gunn said: "After four years at HS1, and following the successful transfer to the private sector, the time is right for me to move on to new challenges."
Graeme Thompson started HS1 Ltd as CFO on Monday 26th September, to ensure a smooth transition. Graeme was previously Finance and Regulation Director at EON Central Networks and brings significant skill and experience to the HS1 team in particular in managing alliances and working with Regulators.
Graeme Thompson, CFO, HS1 Ltd, said: "I look forward to my time at HS1, a company unique in the UK but part of a growing European high speed rail network. The priorities are clear: to drive value for our shareholders and benefits to our customers. Even before we get to 2012 and 2013, there are exciting projects as we continue to grow in the private sector with new and exciting opportunities - only last week we saw the opening of the Westfield Stratford centre outside our Stratford International station and next month we'll see the opening of the new campus for Central St Martins at King Cross."
Nicola Shaw, Chief Executive said: "I look forward to working closely with Graeme and he will bring strong business skills to HS1 which will help us move forward working closely with our partners. It's an exciting time for Graeme to join - we have a crucial role to play in ensuring a successful Games in 2012 and with Deutsche Bahn well advanced in plans to run services in 2013".
Railnews Archive ::: 2011-10-04 HS1-001
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