California High Speed Rail News

CEO announces resignation, chairman steps down and issues statement

CEO announces resignation, chairman steps down and issues statement

16th Jan 2012 Press Release Rail News

At the regularly scheduled meeting of the Board of Directors, held in Los Angeles, Roelof van Ark, CEO announced his resignation effective two months from now. During his statement van Ark noted that the Board and administration requested he continue to provide advice to project through the end of the year citing the importance in the continuity of management and leadership. Chairman Thomas J. Umberg announced that he’d be stepping down as Chairman and will remain on the Board.