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Kinetic welcomes Go-Ahead executive appointment

Kinetic has publicly welcomed the latest executive news announced by Go-Ahead Group recently

Major Australasian bus and coach operator Kinetic has welcomed the announcement that Go-Ahead has made overseas regarding its group chief executive.

Go-Ahead recently revealed that Globalvia chief investment officer Miguel Ángel Parras will take over as group chief executive of Go-Ahead from November 1.

Parras will replace Christian Schreyer, who the board says will stand down at the end of the month.

Schreyer joined Go-Ahead in 2021 and led the business through its move from public to private ownership under Kinetic and Globalvia.

In the 12 months since last year’s takeover, Schreyer has established a new executive leadership team, delivered growth in the bus business and completed the successful divestment of Go-Ahead’s German rail business.

Parras led the acquisition of Go-Ahead for the Globalvia team and has extensive experience in business development and financing investments.

The new Go-Ahead group chief executive will lead the company into its next stage of its development, supported by newly announced bus CEO Matt Carney.

Kinetic Co-CEO Michael Sewards says he’s excited about Go-Ahead’s future.

“Over the past 12 months we’ve been extremely impressed by what we’ve seen from the Go-Ahead team, in particular in the progress on the decarbonisation of bus networks, the incredible mobilisation of bus operations in Manchester and in the world-class rail operations,” Sewards says.

“There is clearly a very motivated team proud and passionate about the work they do and the company they work for, and that’s something we know is a fundamental foundation.

“We have every confidence in Miguel supported by an experienced leadership team in driving the company forward as a world-class transport partner globally.”

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