Amtrak President to Resign
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WASHINGTON (AP) _ Amtrak President George Warrington is resigning to become the head of New Jersey’s bus and rail agency, a surprise move that comes as the financially troubled national passenger railroad fights efforts to break it up.
Warrington will stay on at Amtrak until an interim successor is named, an Amtrak source said Wednesday, speaking on condition of anonymity.
Warrington, 49, has led Amtrak through a difficult four years during which it tried to end its three-decade reliance on operating subsidies from the federal government.
Warrington’s strategy was to grow the railroad to fiscal health, but costs rose along with income and ridership. Watchdogs now agree it will not achieve self-sufficiency by the December deadline set by Congress.
The source said no timetable has been established for Warrington’s departure but that Amtrak’s governing board already has a short list of potential successors.
Amtrak spokesman Bill Schulz declined to comment when asked if Warrington was leaving.
In becoming executive director of NJ Transit, Warrington will return to his roots. A native of Bayonne, N.J., he served as deputy state transportation commissioner before joining Amtrak.
NJ Transit carries 400,000 bus and train riders each day, making it the third-largest mass transit agency in the nation behind New York and Chicago.