HS2 Ltd now has new leadership, with Mark Wild appointed as the new Chief Executive Officer and taking up the role in December 2024. He brings his experience of delivering Crossrail into operation and is tasked with delivering the programme’s reset.49 He told us that the three things that he needs to do with HS2 Ltd are: reinforce its capability, particularly commercial management in the teams that are managing the contractors, bear down on costs and drive productivity; create an organisation that will operate the railway in the future; and focus HS2 Ltd’s culture on the singular purpose of delivering Phase 1 at the lowest feasible cost.50 The Department also told us that it would expect changes to how it would sponsor and oversee HS2 Ltd following the conclusion of the Major Transport Project Governance and Assurance Review early in 2025.51 48 C&AG’s Report, para 4.4 49 Qq 1–3, 5 50 Qq 42, 71 51 Qq 72–73 18 2 Delivering Euston station