Rideau Transit Group CEO Peter Lauch leaving job


Article content material

Peter Lauch, the chief government of the Rideau Transit Group (RTG), is leaving the beleaguered group because it faces mounting strain to make the $2.1-billion LRT system dependable by September.

Lauch’s voluntary departure, introduced Monday however efficient July 10, will depart massive questions for the Metropolis of Ottawa and the state of the 12.5-kilometre crosstown rail service constructed by an organization now working underneath a discover of contract default.

Not solely is Lauch leaving his job as CEO of RTG, he’s additionally leaving his put up as chief government of Rideau Transit Upkeep (RTM), the RTG affiliate answerable for caring for the LRT system.

RTG, in an announcement posted to its just-launched web site, stated the corporate’s board and companions “have reluctantly accepted Mr. Lauch’s determination.”

Extra On This Subject

As for Lauch, he stated in an announcement: “Once I accepted the problem to move up RTG, my main goal was to supervise the transition into income service. The RTM function was taken to quarterback the restructuring of Rideau Transit Upkeep. It was at all times my intention to remain on for the time vital to finish these undertakings,” stated Lauch.