Metro-North Railroad president to retire: WSJ
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[January 07, 2014]
(Reuters) — Metro-North Railroad President Howard Permut is expected
to retire by the end of this month, as the company faces federal
pressure to ramp up its safety systems after a deadly train crash in
December, the Wall Street Journal reported on Monday.
Permut who has served as Metro-North's president since 2008, will be
succeeded by Joseph Giulietti, the executive director of the South
Florida Regional Transportation Authority, the Journal said, citing
officials familiar with the matter. (http://r.reuters.com/new75v)
Metro-North Railroad could not be reached for comment by Reuters
outside of regular U.S. business hours.
Last month, federal regulators launched a 60-day safety assessment
of Metro-North, operator of the train that derailed on December 1 as
it entered a sharp curve in New York's Bronx borough, killing four
people and injuring 70 others.
The December train derailment was the latest in a string of problems
last year for Metro-North, the second busiest U.S. commuter railroad
in terms of monthly ridership.
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The accident marked the first customer fatality in Metro-North's
three-decade history and the Metropolitan Transportation Authority,
which operates Metro-North, called it a "black day" for the
(Reporting by Natalie Grover and Zeba
Siddiqui in Bangalore; editing by Supriya Kurane)
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