CapMetro hits the rail in March, searches for permanent CEO

Tuesday, January 26, 2010, 10:01am CST | Modified: Tuesday, January 26, 2010, 11:31am

CapMetro hits the rail in March, searches for permanent CEO

Austin Business Journal - by Jacob Dirr Staff Writer

After much delay, drama and uncertainty, it appears Austin’s rail is back on track.

Capital Metropolitan Transportation Interim CEO Doug Allen on Monday got to tell his board and a roomful of attendees the delayed MetroRail line will open in March, just like he promised when replacing his under-performing boss last year.

Despite the good news, the board approved executive search firm Gilbert Tweed International to decide if Allen should be replaced with a different permanent CEO.