article_snippet.sent: The Network Rail governance structure is seriously flawed and not fit for purpose.
article_snippet.sent: ’ Network Rail, which receives a £4 million annual subsidy from the taxpayer, does not have shareholders.
article_snippet.sent: Instead, ’ Network Rail, which receives a £4 million annual subsidy from the taxpayer activities are scrutinised by a panel of about 30 individuals, appointed by independent assessors for three-year terms.
article_snippet.sent: ’ David Porter, co-ordinator of the Public Members, said:
article_snippet.sent: the Public Members are independent but the Public Members role is limited and the Public Members are not involved in the day-to-day running of the company.