Martin is FirstGroup’s new chair

16 Aug 2019 (provided by Local Transport Today), Category: Transportation Planning

Martin is FirstGroup’s new chair

David Martin (pictured) has been appointed chairman of FirstGroup, succeeding Wolfhart Hauser, who resigned this summer (LTT?05 Jul). Martin was chief executive of Arriva from 2006 to 2016, a period that saw the company (owned by Deutsche Bahn from 2010) become a multi-national transport group through mergers and acquisitions. Martin joins as FirstGroup pursues a new strategy, announced on 30 May, that will see it separate its UK bus business from the rest of the business, and increasingly focus on its North American market. FirstGroup’s activist investor Coast Capital had proposed to appoint Martin to First’s board as part of a failed boardroom coup this summer. FirstGroup said this week that Martin had “extensive knowledge of international transport contract businesses and in delivering strategic transactions, including disposals”. Martin said: “I am pleased to be joining FirstGroup at a key point in its development. Undoubtedly there are challenges that we must overcome, but I am confident in the opportunity that exists to unlock the considerable value within the group.”

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