Go-Ahead Group names Transdev exec as new boss
Go-Ahead Group has today named Christian Schreyer as its new chief executive following the departure of long-serving boss David Brown.
German national Schreyer, who is currently the chief executive for central and north Europe at public transport operator Transdev, will take over on 1 November.
Prior to that, he worked for Deutsche Bahn group for more than 15 years.
Schreyer said: “It is a great honour to be appointed to lead Go-Ahead. I have always found Go-Ahead to be a great company with excellent people. I am very grateful that the Board have put their trust in me to take on this important role.
“While digital disruption and the COVID-19 pandemic have been giving the transport market a difficult time, the industry faces many opportunities. I am convinced that we will find the right answers to these challenges together.”
Go-Ahead chair Clare Hollingsworth said: “I am delighted to welcome Christian to Go-Ahead. He joins us at a time when we are responding to the effects of the pandemic, fundamental shifts in government policy but also the opportunity to be part of the solution to climate change and towards Net Zero.”
Shares in Go-Ahead rose 2.3 per cent today.
The FTSE 250 firm has, like many transport operators, had a deeply challenging year as a result of the coronavirus pandemic.
But in its latest trading update in June, it said that passenger volumes had returned to their highest levels since the pandemic began.
This prompted it to say that profit expectations for its London and international bus units have increased, as well as its rail services.