Tuesday, November 18, 2008

Alex Kummant resigns from Amtrak

Received the following article via email with no references as to original source or date so I cannot vouch for its authenticity.

Alex Kummant resigns from Amtrak November 14, 2008

Amtrak President and Chief Executive Officer Alex Kummant resigned Nov. 14 after serving two years heading the National Railroad Passenger Corp., as Amtrak is formally known. Amtrak Chief Operating Officer William Crosbie will succeed Kummant on an interim basis, likely to last until President-elect Barack Obama assumes office on Jan. 20, 2009. Amtrak's board will select a new CEO.

Amtrak spokesman Cliff Black said that "differences in strategies, direction, and management philosophy" with the Amtrak board led to Kummant's departure.

A source close to the Amtrak board, who asked not to be identified, speculated that Kummant "was not hands-on. He didn't have a handle on finances or operations. His personality was often confrontational."

Kummant was named Amtrak president in September 2006, filling the top slot left vacant by the departure of David Gunn 10 months earlier.

"On behalf of the entire Board, I'd like to thank Alex for his leadership over the past two years," said board Chairwoman Donna McLean. "During the past two years, the company experienced exciting economic times, strong ridership and revenue growth, solid profit and loss performance, and the advancement of the Amtrak brand overall. He also successfully oversaw the completion of labor agreements with all of the unions representing Amtrak's employees. We are grateful to Alex for his contributions to the company."