<Tr> <Th> Headquarters </Th> <Td> London, England </Td> </Tr> <Tr> <Th> Key people </Th> <Td> John Robinson (Chairman) Gerald Corbett (CEO) </Td> </Tr> <P> Railtrack was a group of companies that owned the track, signalling, tunnels, bridges, level crossings and all but a handful of the stations of the British railway system from 1994 until 2002 . It was created as part of the privatisation of British Rail, listed on the London Stock Exchange, and was a constituent of the FTSE 100 Index . In 2002, after experiencing major financial difficulty, most of Railtrack's operations were transferred to the state - controlled non-profit company Network Rail . The remainder of Railtrack was renamed RT Group plc and eventually dissolved on 22 June 2010 . </P> <P> Founded under Conservative legislation that privatised the railways, Railtrack took control of the railway infrastructure on 1 April 1994 and was floated on the Stock Exchange in May 1996 . Robert Horton was first chairman, leading the organisation through the early years of its existence up to 1999, including an industrial dispute from June to September 1994 . </P>

When did network rail take over from railtrack