Written Question · S2W-15294 · Session 2
Whether it will make representations to the Remuneration Committee of Network Rail in respect of the level of bonuses proposed for Network …
The question
To ask the Scottish Executive whether it will make representations to the Remuneration Committee of Network Rail in respect of the level of bonuses proposed for Network Rail directors in view of any breach of its operating licence through failure to provide train companies with sufficient notice of engineering works.
The answer
As a public member of Network Rail the Scottish Executive would not make individual representations to the Remunerations Committee. Collectively, members perform a corporate governance role and can hold the Network Rail Board to account for its management of Network Rail.
This includes reviewing the performance of Network Rail against its commercial and other targets, as well as against railway industry benchmarks for the provision, maintenance and management of the railway infrastructure. However, responsibility for Network Rail’s license remains a matter for the Office of the Rail Regulator.
This includes reviewing the performance of Network Rail against its commercial and other targets, as well as against railway industry benchmarks for the provision, maintenance and management of the railway infrastructure. However, responsibility for Network Rail’s license remains a matter for the Office of the Rail Regulator.
In the Official Report
No contribution in the Official Report cites S2W-15294 by reference.