By Bill Stephens for trn.trains.com OMAHA, Neb. — Outgoing Union Pacific Chief Operating Officer Jim Vena, who accelerated Precision Scheduled Railroading operational changes across the system, will not rule out popping up at another Class I railroad. Vena was asked last week about his plans once his stint is up at UP, which the Canadian […]
Tag: CEO
Berkshire’s BNSF names first female CEO of big U.S. railroad
By Reuters Staff for in.reuters.com (Reuters) – BNSF, the railroad unit of Warren Buffett’s Berkshire Hathaway Inc BRKa.N, on Monday named Kathryn Farmer as its new chief executive officer, making her the first female CEO of a major U.S. railroad. Farmer, 50, has worked at BNSF for 28 years, most recently as executive vice president of operations. […]
Union Pacific CEO says NAFTA withdrawal would be ‘disastrous’ to economy
By Chuck Raasch St. Louis Post-Dispatch Jul 12, 2018 WASHINGTON • In a sharp critique of Trump administration trade policies, the president and CEO of the Union Pacific Railroad said Thursday that withdrawal from the North American Free Trade Agreement would have a “disastrous” impact on the economy, and that President Trump’s trade war with […]
CEO-to-Worker Pay Ratio Widens: Now 361-to-1
Once again there’s more for them and less for us. The imbalance between the pay of CEOs and working people continues to increase. In 2017, CEO pay at S&P 500 Index companies increased to an average of nearly $14 million while production and nonsupervisory workers received on average just $38,613. The AFL-CIO recently released its […]