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FirstGroup chief yields to major investor backlash against US deal

FirstGroup is the UKs largest bus operator, with a fleet of nearly 9,000 vehicles providing more than 20% of all local services. Photo: Jamie Simpson By Kristy Dorsey Matthew Gregory is surrendering the helm at FirstGroup after the transport giant’s largest shareholder renewed calls for the chief executive’s resignation. In an announcement alongside the release of its financial results for the year to the end of March, FirstGroup said Mr Gregory will not seek re-election at the compan...
United Kingdom City Of Warwick Brady Julia Steyn David Martin Aberdeen Based Firstgroup

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New managing director at TransPennine Express

New managing director at TransPennine Express The new managing director of a rail operator with services in Cumbria has started his new role. Matthew Golton has replaced Liz Collins as the managing director of TransPennine Express (TPE). Liz is to take up a part-time position with West Coast Partnership. With more than three decades of experience in rail, Matthew joins the train company from his position as business development director for First Rail, where he led the team working with the De...
Glasgow City United Kingdom City Of Liz Collins Matthew Golton Coast Partnership

Rail needs to be 'relevant and wanted' in an era of changed travel demand, says TransPennine Express MD | Rail Business UK

UK: ‘How we go about our daily lives and conduct our businesses has changed for a lot of people’, said Steve Montgomery, Managing Director of FirstGroup’s First Rail business at the TransPennine Express RE-Connect 2021 conference.
United Kingdom Steve Montgomery Transpennine Express Managing Director First Rail ஒன்றுபட்டது கிஂக்டம்

Rail needs to be 'relevant and wanted' in an era of changed travel demand | Rail Business UK

2021-05-28T06:00:00 UK: ‘How we go about our daily lives and conduct our businesses has changed for a lot of people’, said Steve Montgomery, Managing Director of FirstGroup’s First Rail business at the TransPennine Express RE-Connect 2021 conference. Please sign in or register for free to view this page   You have reached your limit of news stories for this week. Register for FREE to read this article and get: Unlimited access to online news coverage from: Railway Gazette Interna...
United Kingdom Steve Montgomery Transpennine Express Managing Director First Rail ஒன்றுபட்டது கிஂக்டம்

Investors buoyed by FirstGroup US sale

First Student buses By Scott Wright SHARES in FirstGroup leapt by 4.5 per cent after it found a buyer for its two of its three US bus operations, bringing a drawn-out exit process to a close. The Aberdeen-based transport giant has struck a deal to sell its First Student and First Transit businesses across the Atlantic in a deal worth around $4.6 billion (£3.3 billion). And it pledged that the sale would allow it to return around £365 million to shareholders throughout the calendar yea...
United States United Kingdom Matthew Gregory Crosby Cook First Group First Student

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