Metro-North Railroad president to retire: report

NEW YORK, NY - FEBRUARY 01:  Howard Permut, President, MTA Metro-North Railroad attends Grand Central Terminal 100th Anniversary Celebration at Grand Central Terminal on February 1, 2013 in New York City.  (Photo by Slaven Vlasic/Getty Images)
Howard Permut has served as Metro-North’s president since 2008. He will be stepping down at the end of January, according to sources. (Photo by Slaven Vlasic/Getty Images)

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.

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.

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 railroad.

(Reporting by Natalie Grover and Zeba Siddiqui in Bangalore; Editing by Supriya Kurane)



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