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Enterprise

National Express recruits former FedEx chief as new CEO

Jose Ignacio Garat will join Birmingham-based transport group next month

Listed transport group National Express has appointed a new chief executive.

The Birmingham-based company has recruited Jose Ignacio Garat who was most recently senior vice-president for southern Europe, France and Benelux with logistics group FedEx.

During his time with the firm and sister operation TNT he held a range of senior positions and led a multi-billion dollar business with operations in 22 countries and 22,000 staff.

He will take up the role on November 1 when Chris Davies will step down as interim group chief executive but remain in post as group finance director.

Mr Garat said: "I have watched National Express' growth in recent years to become the leader in its sector so it is a privilege to be given the opportunity to lead the company as it navigates the pandemic and positions itself for future growth.

"National Express has an international portfolio of market-leading businesses and a strong reputation for service and safety excellence.

"I look forward to working with my new colleagues to drive further improvement and deliver for both the communities we serve and our investors."