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Ex Mowlem chief takes over as Railtrack boss

FORMER MOWLEM chairman Sir Philip Beck is to be the new chairman of Railtrack. He takes over from Sir Robert Horton in July.

Beck (64) has been a non executive director of Railtrack since 1995, the year after he retired from Mowlem.

Mowlem's involvement in London City Airport, Docklands Light Railway and Manchester Light Railway are said to have been Beck initiatives. Under his leadership the company was one of the forerunners in the development of private finance for public infrastructure (NCE 26 July 1990).

Mowlem was effectively the Beck family firm.

Beck's father Sir Edgar 'Buster' Beck bought a substantial shareholding in the company in the 1920s and was its chairman for many years.

After a spell in the Guards and a degree in history Philip Beck joined Mowlem, working his way up to the main board at the age of 30.

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