Genesee Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Genesee & Wyoming Inc. (the “Company”) announced that, effective February 8, 2019, David A. Brown is nolonger serving in the capacity of Chief Operating Officer. Mr. Brown will continue to lead select operational performance projects and serve on the subsidiary boards of the Company’s 51%-owned Australian Operations and 50%-owned U.K./European Operations.
Michael Miller, the Company’s President, North America since October 2018, will assume leadership of the corporate customer service, service design, dispatch, mechanical and engineering functions that had previously reported to Mr. Brown and the Company will be eliminating the role of global principal operating officer. Under the Company’s decentralized operating structure, each of the Company’s short lines will continue to be led by the local railroad general manager with operational support and oversight by regional senior management. The corporate safety function will continue reporting to the Company’s Chairman and Chief Executive Officer, Jack Hellmann.
About Genesee & Wyoming Inc. (NYSE:GWR)
Genesee & Wyoming Inc. owns and operates over 120 freight railroads across the world, which are organized in approximately 10 regions. The Company operates through three segments, which include North American Operations, Australian Operations and U.K./European Operations. In the United States, the Company has over eight regions, such as Central, Coastal (which includes industrial switching and port operations), Midwest, Mountain West (which includes industrial switching operations), Northeast, Ohio Valley, Pacific and Southern. Outside the United States, the Company has approximately three regions, such as Canada (which includes a contiguous railroad located in the United States), Australia, and U.K./Europe (which consists of operations in Belgium, Germany, the Netherlands, Poland and the United Kingdom). The Company provides rail services at over 40 ports in North America, Australia and Europe and perform contract coal loading and railcar switching for industrial customers.
