Laidlaw announces executive changes

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NAPERVILLE, Ill. — Laidlaw International announced that John Grainger, president and CEO of its contract bus operations will be leaving the company as of Aug. 31, 2003.

Grainger has been with the company for 13 years and has served in a number of senior executive positions. From January 2000 until September 2002, he served as president and CEO of the parent company, Laidlaw Inc., and since that time has been the president and CEO of contract bus operations, the group’s largest division.

“John carried the reins through some challenging years and was a stabilizing force in a potentially unstable environment. I would like to wish him all the best for the future,” said Kevin Benson, president and CEO of parent Laidlaw
International, Inc.

Hugh MacDiarmid will succeed John and will take up his position at the beginning of August to allow an overlap and orderly hand over. MacDiarmid has an extensive business background, which includes six years as the
executive vice president, Commercial of Canadian Pacific Railways and eight years as a principal of McKinsey & Company.

“I am delighted to welcome Hugh to the Laidlaw group,” said Benson. “His background in the transportation industry combined with his analytical experience gained in his consulting days, are exactly what Laidlaw needs as we reemphasize our core competencies as an engine for future growth.”

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