Transportation Industry
Amtrak looks for new president - Thomas M. DOwns, chairman, president and CEO since 1993 leaves the company - Brief Article
Railway Age, Jan, 1998
Thomas M. Downs, Amtrak's chairman, president, and CEO since 1993, resigned December 10. George Warrington, president of the Northeast Corridor Strategic Business Unit, will serve as acting president until a successor is found. Amtrak's board of directors commended Downs for "helping Amtrak become more business and customer oriented, obtaining outstanding gains in revenues and ridership during his tenure, and for leading the recent fight for a S2.3 billion dedicated capital improvements fund for Amtrak." Some, though, say, Downs didn't jump -- he was pushed (p.
12).
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