Transport for London has announced that London Underground’s current director of strategy and service development Richard Parry is to take over as interim managing director following Tim O’Toole’s departure.
Parry will take up the role from 1 May.
London’s transport commissioner Peter Hendy said: “Richard Parry brings a wealth of experience to the role having served the Underground for 17 years.
“I’m sure he will do an excellent job and build on the improvements to the Tube delivered by Tim O’Toole and the London Underground team in recent years.
“Parry will ensure that London Underground continues to focus cost effectively on the twin objectives of improving the service for our customers and successfully delivering the billions being invested to upgrade the Tube.”
Outgoing managing director of London Underground Tim O’Toole said: “Parry is a great choice for the role and I am sure I leave the Tube in very capable hands.
“London Underground’s customers and employees can look forward to the continuing transformation of the Tube with the delivery of major projects between now and the London 2012 Games.”
Parry, 42, joined London Underground in 1992 and has since worked in a number of roles in business planning and marketing functions.
In 2004 he was appointed as director of strategy and service development, which includes responsibility for the development of both London Underground’s service and major improvement programmes.