Frontrunner emerges to fill HS2’s vacant chair position

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The main enforcement of the Financial Reporting Council (FRC) is being tipped to go the caller seat of HS2 Ltd.

According to the Financial Times, Sir Jon Thompson is successful enactment to beryllium fixed the occupation connected a full-time basis, having been acting lawman seat for the past 2 months.

Before joining the FRC successful October 2019, Thompson was main enforcement of HM Revenue and Customs for much than 3 years.

The Department for Transport (DfT) relaunched its hunt for a seat to caput up HS2 Ltd successful March, much than a twelvemonth aft Allan Cook handed successful his notice.

A DfT spokesperson said the criteria for the relation had been “updated to entreaty to leaders from a wider tract of sectors and backgrounds”.

Earlier this year, Construction News revealed that the DfT had interviewed 5 candidates from 29 applications received during the archetypal recruitment drive.

As portion of the recruitment rethink, Thompson, who was appointed to HS2 Ltd’s committee past April, took connected the expanded role of deputy chair. This included chairing HS2 Ltd until a imperishable replacement was found.

Cook near the relation astatine the extremity of July 2021, aft stewarding HS2 for 2 and a fractional years, which included the autarkic Oakervee Review and the authoritative announcement to proceed.

It had been speculated that ministers mightiness scrap the relation of seat for the £100bn project, which comes with a £200,000 wage for 3 days’ enactment per week.

The appointment, which was primitively advertised successful April 2021, is coordinated by the DfT and the Cabinet Office. The specification for the relation of seat is described arsenic requiring a “world-class candidate” who could pb the committee of a ample organisation to grip large programmes. Candidates indispensable besides person fantabulous stakeholder-engagement skills.

According to the Cabinet Office assignment notes, acquisition successful infrastructure, transport and operation is preferred, but individuals from extracurricular the tract of operation volition besides beryllium considered.

HS2 Ltd main enforcement Mark Thurston is officially the UK’s highest-paid civilian servant, with an yearly wage of betwixt £620,000 and £624,999. However, it is Network Rail that dominates the database of the nation’s highest-paid nationalist figures, with 10 of the apical 15 working for the obstruction body.