John Armitt, chief executive of Network Rail since 2002 and briefly of its predecessor Railtrack, has been named as the chairman of the Olympic Delivery Authority (ODA).
As from September 2007, Mr Armittwill be at the helm.
His appointment, in theory, will be for 5 years and he will earn £250,000 a year for working three-and-a-half days a week.
An ex colleague said:
"I think he's mad because the Olympics is a complete political nightmare. I'd be amazed if he got to 2012."
Given the lamentable state of the UK rail network, is this an entirely wise choice?