KXIP vs KKR Live Score

Charles "Wick" Moorman will stay on as co-CEO until the end of this year to help ensure a smooth transition, Amtrak said in a statement.

The CEO of Amtrak is stepping down at the end of the year as the transportation agency has been criticized for the "Summer of Hell" that has caused delays and disruptions of rail traffic along the Northeast Corridor. Amtrak operates at a loss, but in 2015, it benefited from a $10 billion, five-year federal allocation for passenger rail and infrastructure spending. Amtrak is repairing and replacing tracks this summer.

Both New York Gov. Andrew Cuomo and New Jersey Gov. Chris Christie have threatened to withhold the rent due to Amtrak for their states' respective commuter railroads, because of the service disruptions caused by the track issues and fix work at the station, the busiest in the country.

A change of leadership for Amtrak. He is expected to take over his new role with Amtrak on July 12 but will serve alongside Amtrak's current CEO Wick Moorman through December 31. "That's an accomplishment in an industry that's just as hard if not more hard than passenger rail".

"This is particularly unacceptable given the enormous payments made by our states to Amtrak to assure the state of good fix of Penn Station", Cuomo said.

Amtrak board Chairman Tony Coscia said Anderson ‘brings to Amtrak his experience running one of the largest global commercial air carriers
Amtrak Hires Longtime Delta CEO Richard Anderson as New Leader

Anderson is a former CEO of Delta and Northwest Airlines and has 25 years of experience in the aviation industry.

Moorman always meant to be a transitional CEO, he said, and he participated in the months-long search for a permanent replacement.

While lacking railroad experience, Anderson has an extensive background as an executive.

"It is an honour to join Amtrak at a time when passenger rail service is growing in importance in America", said Anderson.

Anderson was CEO of Northwest Airlines from 2001 to 2004 and CEO of Delta from 2007 to 2016, taking charge of the Atlanta-based carrier as it emerged from bankruptcy and an industry-wide downturn after the September 11, 2001, attacks. He served most recently as executive chairman of the Delta Air Lines board of directors after serving as the airline's CEO from 2007 to 2016.