Kansas City Southern Announces Organizational Changes Focused on Precision Scheduled Railroading Strategy
July 01 2020 - 4:30PM
Business Wire
Kansas City Southern (KCS) (NYSE: KSU) announced several
organizational changes effective July 1 designed to further support
the company’s ongoing Precision Scheduled Railroading (PSR)
strategy and provide development opportunities for several KCS
leaders.
Mike Walczak, currently vice president mechanical operations,
will move to a newly created role in the Finance organization,
reporting to executive vice president and chief financial officer
Michael W. Upchurch. In this role, Mr. Walczak will lead Service
Design, Car Management, Fuel Management, Treasury and Tax, working
closely with executive vice president PSR Sameh Fahmy to continue
the execution of KCS’ very successful PSR strategy.
Darin Selby, currently vice president intermodal and automotive
operations, will assume responsibility for Mechanical Operations.
Mr. Selby has extensive leadership experience in Sales and
Marketing and Operations, and will lead KCS’ Mechanical
organization as it continues to right-size its equipment fleet,
increase staff productivity, minimize failures and train delays and
invest in new technologies to improve the reliability of company
assets.
Olivia Daily, currently assistant vice president service design,
will assume the role of vice president purchasing. Bill Blaise,
currently vice president purchasing, has elected to retire
effective September 1, and will assist in the transition of the
Purchasing organization. Bill has been with KCS since 2007 in a
variety of finance roles.
“Kansas City Southern is focused on providing consistent and
reliable service, building a more resilient and dependable network,
facilitating industry-leading growth, and continuing to improve
asset utilization and our cost structure,” said KCS president and
chief executive officer Patrick J. Ottensmeyer. “These
organizational changes will help us build on the significant train
and crew efficiency gains made during the Covid-19 pandemic.”
Headquartered in Kansas City, Mo., KCS is a transportation
holding company that has railroad investments in the U.S., Mexico
and Panama. Its primary U.S. holding is The Kansas City Southern
Railway Company, serving the central and south central U.S. Its
international holdings include Kansas City Southern de Mexico, S.A.
de C.V., serving northeastern and central Mexico and the port
cities of Lázaro Cárdenas, Tampico and Veracruz, and a 50 percent
interest in Panama Canal Railway Company, providing ocean-to-ocean
freight and passenger service along the Panama Canal. KCS' North
American rail holdings and strategic alliances with other North
American rail partners are primary components of a unique railway
system, linking the commercial and industrial centers of the U.S.,
Mexico and Canada.
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version on businesswire.com: https://www.businesswire.com/news/home/20200701005894/en/
C. Doniele Carlson, 816-983-1372, dcarlson@kcsouthern.com
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