Amtrak‘s CEO is being replaced.
Charles “Wick” Moorman will be succeeded by former Delta and Northwest Airlines chief Richard Anderson, who will start on July 12.
Moorman will serve as co-CEO with Anderson through the end of the year, at which point Moorman will become an advisor to the company.
Anderson was named one of the World’s Best Chief Executive Officers by Barron’s magazine in 2014, and in 2013 he was recognized as Fortune magazine’s Top People in Business list. Aviation Week named him person of the year in 2015.
The announcement comes as Amtrak has been blasted by politicians and the public following a series of delays and disruptions at Penn Station, prompting a summer-long push to make repairs. Read more at CBS News.