California High-Speed Rail CEO Resigns Amid Travel Scandal and Funding Crisis
Ian Choudri, the CEO of the California High-Speed Rail Authority, resigned late Wednesday, citing personal priorities. His departure follows a watchdog report revealing improper reimbursements for luxury travel and entertainment for consultants. Joe Stephenshaw, the state’s finance director, was appointed interim leader. The resignation occurs amid severe budget overruns, lost federal funding, and legal challenges regarding project scope.