Posts Tagged ‘railroad executives’

Harrison Has Medical Condition That Often Has Him Working From Home, Not CSX Headquarters

May 19, 2017

The Wall Street Journal reported this week that CSX CEO E. Hunter Harrison has a medical condition that often forces him to work at home.

E. Hunter Harrison

The newspaper gave few specific details about the condition and the 72-year-old executive said that he should not be judged by his medical record.

“I’m having a ball and I’m running on so much adrenaline that no one can stop me,” Harrison told the Journal. “Don’t judge me by my medical record, judge me by my performance.”

Harrison acknowledged that he carries a portable oxygen system, but his doctors cleared him for his position.

“There are times when I get a little shortness of breath so I take oxygen and it helps,”
Harrison said.” Sometimes I get a cough and the oxygen makes it go away.”

CSX Chief Financial Officer Frank Lonegro told an investor conference that Harrison is fully engaged in his job.

“We’re really running to play catch up with him,” Lonegro says. “He’s a 24-hour-a-day, seven-day-a-week kind of guy.”

Trains reported that CSX was well aware of Harrison’s medical condition when it hired him.

However, that was a point of contention at one point when CSX demanded that independent physicians review Harrison’s medical records, a request that Harrison refused.

CSX said it would not comment on Harrison’s health.

The Journal said that during his last two years at Canadian Pacific, Harrison frequently worked from home rather than in his CP office in Calgary.

NS VP Stewart to Retire Aug. 1

April 27, 2017

Norfolk Southern Executive Vice President And Chief Financial Officer Marta R. Stewart will retire on Aug. 1.

Stewart

Stewart joined NS in 1983 as an accountant and has been instrumental in developing the company’s accounting systems and controls.

She assumed her current position in 2013 and previously held the posts of vice president accounting and controller, and vice president finance and treasurer.

“Marta has made significant contributions to NS over the course of her career, most recently as one of the architects of our strategic plan,” said NS CEO James A. Squires in a statement. “Her intimate knowledge of the railroad business, engagement with stakeholders inside and outside the company, and relentless focus on driving shareholder value has positioned NS for continued success. On behalf of the board and management team, I thank Marta for her service and wish her the best in retirement.”

Stewart said she was proud of the company’s accomplishments during her tenure and the progress it made in implementing its strategic plan.

“I will miss working with a great leadership team and talented employees, and am confident NS is on track to achieve its objectives as it becomes an even stronger, more profitable railroad,” she said in a statement.

Harrison is the New CSX President, Too

April 24, 2017

E. Hunter Harrison has added another title to his resume at CSX. He is now the president of the company as well as its chief executive officer.

Harrison replaced Fredrik Eliasson, who was named CSX president on Feb. 21 after serving as the railroads’s chief marketing officer.

Eliasson will now become executive vice president and chief sales and marketing officer for CSX.

The moves in the executive suite mean that CSX has had three presidents in less than four months.

The year began with Clarence Gooden as president. The original plan was for Gooden to step down at the end of May when then-CEO Michael Ward also would retire.

Harrison assumed the CEO post on March 6. The good news for Eliasson is that he will get to keep the pay increase that he received when he was named president.

“There were no compensation adjustments associated with these title changes,” CSX said in a regulatory filing.

Posner to Speak at Erie Banquet in April

March 24, 2017

Railroad executive Henry Posner III will speak at the Lake Shore Railway Historical Society banquet on April 8 in Erie, Pennsylvania.

Posner is the chairman of Railroad Development Corporation, which is based in Pittsburgh and serves as the parent company of the Iowa Interstate Railroad as well as a portfolio of international railway operations.

The banquet will be held at St. James Place, 2622 Buffalo Road, and begins at 5 p.m. Tickets are $25 per person. There will be a buffet-style dinner.

For ticket information, visit lakeshorerailway.com.

CVSR Names Mazur as Next President

February 26, 2017

Just as was the case with his predecessor, the new president of the Cuyahoga Valley Scenic Railroad comes from a world of wheels.

CVSRBut whereas retired CVSR head Craig B. Tallman had been an executive with a trucking company, his replacement, Joe Mazur, comes from much smaller and non-motorized vehicles.

Mazur is the president of the International Soap Box Derby in Akron and will assume the post of head of the CVSR on March 21.

The 51-year-old Mazur will leave the Soap Box Derby and won’t have to go far to see a CVSR train in action.

He lives in a log cabin less than 2 miles from the CVSR tracks. His affinity for the Cuyahoga Valley National Park was enough to pull him away from a job with the Soap Box Derby that he enjoyed.

“To be able to live and work in the park is a dream,” Mazur told the Akron Beacon Journal. “The national park is one of the greatest treasures of Northeast Ohio.”

Railroad board Chairman Ray Labuda said that Mazur’s mix of nonprofit and private sector experience was attractive.

At one point in his career Mazur worked at Thistle­down Racetrack in North Randall, where he served as assistant controller.

His background also has included a post at SMG, a Pennsylvania company that manages sports facilities and arenas around the world, and as finance director for Cleveland State University’s Wolstein Center among other positions.

Mazur told the Beacon Journal that he had lunch with Tallman five years ago and expressed a fascination with running the railroad because it is a rolling events venue.

When Tallman retired at the end of 2016, Mazur decided to consider the position. He said he looks forward to working with railroad and park staff as well as raising money.

Clark Named R&N Vice President-Coal

February 26, 2017

William Clark has been named as vice president-coal of the Reading Blue Mountain & Northern Railroad.

reading-northernClark will manage the road’s anthracite coal business and its fleet of 1,200 cars.

Anthracite is a core business at Reading & Northern, which is known by the tagline, “The Road of Anthracite.”

He comes to the R&N from Talen Energy, where he managed logistics, coal purchasing and oversight of a fleet of more than 2,000 rail cars serving four power plants.

Clark also worked in Norfolk Southern’s coal business group and for the Chicago South Shore and South Bend Railroad and Iowa Interstate Railroad.

G&W Chairman Fuller to Retire in May

February 4, 2017

Genesee & Wyoming Chairman Mortimer Fuller III has announced that he will retire after 40 years in the short line railroad industry.

G&WThe retirement will become effective after the company’s annual meeting in May. Fuller will be succeeded by Chief Executive Officer Jack Hellman.

Fuller became the head of G&W in 1977, with the titles of CEO, president and chairman, after purchasing a controlling interest in G&W’s corporate predecessor, the original Genesee and Wyoming Railroad

His grandfather was a founder of the original G&W in 1899. Fuller III has served as G&W CEO for 30 years and chairman for 40 years.

On his watch, Fuller oversaw the transformation of G&W in 1996 into a public company and expansion into the Australian and Canadian rail markets in 1997.

G&W’s acquisitions have continued in those markets and recently expanded to the United Kingdom and Europe.

NS Names 6 New Vice Presidents

January 26, 2017

Norfolk Southern has announced a realignment of vice presidents due to retirements and promotions.

NS logo 1Vice President Mechanical Donald D. Graab has retired after 39 years at NS while Assistant Vice President Corporate Communications Frank S. Brown retired after 38 years. Both men originally worked at Norfolk & Western.

Thomas G. Werner has been named vice president corporate communications and chief sustainability officer; C.H. “Jake” Allison, Jr., has been appointed  vice president and treasurer; Susan S. Stuart is  the new vice president audit and compliance; and Bruno Maestri has been elevated to vice president government relations. All of those appointments are effect on Feb. 1.

Effective March 1, Jerry W. Hall will become vice president mechanical while Karol R. Lawrence will take the post of vice president network and service management.

Paducah & Louisville Names New Executives

January 19, 2017

The Kentucky-based Paducah & Louisville Railway announced this week the promotion and appointment of several executives.

paducah-and-louisvilleTim Wyatt has been named vice president of transportation of labor and will oversee all transportation department operations, dispatching, customer service and labor relations.

He has been with P&L since 2003 and has worked in the railroad industry since 1984.

Kevin McEwan was tabbed to be vice president of marketing and sales where he will be responsible for marketing, sales, pricing, and industrial development. He has been with P&L since 2006, most recently as its marketing director.

Chris Reck will become assistant vice president of sales and industrial development with responsibility for all outside sales and industrial development. He has been with P&L since 2007, serving in positions ranging from conductor to marketing director.

Aside from its flagship railroad in Kentucky, the P&L also manages the Evansville Western Railway in Indiana and the Appalachian and Ohio Railroad in West Virginia.

CSX Names Rutherford as VP-Industrial Products

November 9, 2016

CSX has named Michael Rutherford as its vice president-industrial products.

CSX logo 1In a news release, CSX said Rutherford will lead sales and marketing activities for the recently-expanded industrial products portfolio, which includes housing and construction materials, forest products, metals, minerals, military equipment and machinery.

Rutherford has served as assistant vice president-industrial products after serving as director of CSX’s “Voice of the Customer” customer insights team and director of marketing in which he helped launch the UMAX interline container program.

Before coming to CSX, he worked at Adidas and Johnson & Johnson. Rutherford holds a bachelor’s degree in economics from Georgetown University and an MBA in International Business from SDA Bocconi University.