Timo Huges,
the chief executive officer of the Dutch state railways, NS, has resigned,
effective immediately. The supervisory board has withdrawn its support of his
position. NS announced that its investigations had found that statements Huges
had made about his contacts with a subsidiary were “inaccurate and incomplete”.
This is a euphemism for the fact Huges had falsely denied that he had leaked
confidential information about a competitor to the NS subsidiary. Huges will not receive any severance pay.Monday, June 8, 2015
Chief Executive of Dutch Railways Forced to Resign after Scandal
Timo Huges,
the chief executive officer of the Dutch state railways, NS, has resigned,
effective immediately. The supervisory board has withdrawn its support of his
position. NS announced that its investigations had found that statements Huges
had made about his contacts with a subsidiary were “inaccurate and incomplete”.
This is a euphemism for the fact Huges had falsely denied that he had leaked
confidential information about a competitor to the NS subsidiary. Huges will not receive any severance pay.
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