Rutnam has a long history of favouring commercial companies over citizens - it became so dangerous for him, and Heywood, Cabinet Secretary (they both have titles but I can't bring myself to use them as they have polluted them so much) who worked at the same American bank, that Heywood promoted him in panic to the Home Office. Heywood used wilful blindness and refused to deal with Rutnam's authorisation and endorsement (he wouldn't sign anything) of lies to protect Govia - see below. As a further insult, Heywood and Gray (Director General of Propriety and Ethics and in charge of vetting honours) gave Rutnam a KCB for services to Govia and mendacity - thus insulting all the worthy people who received honours.
Rutnam's failures at Transport included the East Coast fiasco, twice, the West Coast fiasco, Western electrification, now never to be delivered in full so dual fuel has to be used at enormous continuing cost, over budget and hugely behind time as well as despoiling an area of outstanding natural beauty, and Southern, which the DfT claims is a franchise but which is a contract with Govia that allows them to make more money NOT running trains. He also allowed Govia's executives to make money personally turning down penalty fares appeals, running the Orwellian Independent Penalty Fares Appeals Service, which was so supposed to be independent and seen to be independent, but which is just part of Govia, and then allowed Govia to use penalty fare legislation NOT to impose a £20 penalty fare but to demand £250 with threats in a follow up letter. Rutnam dismissed concerns about that without a thought - anything for Govia.
So I don't know which commercial companies it is that Rutnam is protecting but I can know that it won't be the public. He believes, probably quite rightly, that with Heywood's protection he is completely unaccountable. He didn't have to wait for heaven to get his reward of a KCB - perhaps it's a peerage next?
I'm running a twitter campaign to get Rutnam's KCB removed - #removeRutnamsKCB - it won't do any good but the steady drip of facts that show Rutnam is a complete failure propped up by Heywood may do some good.
For Heywood's integrity look at https://caltonjock.com/2014/10/. For Gray's background and the fact that she endorsed Michael Gove using his wife's private email system for government business - presumably to defeat FoI (shades of Hillary?) look at this: http://www.bbc.co.uk/news/uk-politics-33431580
And these are the people who are charged to ensure integrity in public life - and look at them!