20 August 2009

Top level reshuffle at Eurostar

Eurostar chief executive Richard Brown will step up to become non-executive chairman of Eurostar next year.

He will replace Guillaume Pepy who has been non-executive chairman of Eurostar since 1998 and who became president directeur general of SNCF (French Railways) in February 2008.

Nicolas Petrovic, who joined Eurostar in 2003 and is currently chief operating officer, will take over as chief executive

Eurostar said the changes will take place in early 2010 "at the same time as the launch of a new, single corporate entity that will replace the current joint venture structure".

The new, single corporate entity, to be known as Eurostar International Limited, is expected to follow the conclusion of discussions between the shareholders in the current joint venture structure.

It will continue to market itself and operate under the ‘Eurostar’ brand.


By Bev Fearis

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