UNION PACIFIC CORPORATION (NYSE:UNP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) and (c) Departure and Appointment of Certain Officers
On August 10, 2018, the Board of Directors (the “Board”) of Union Pacific Railroad Company (the “Railroad”), the principal operating subsidiary of Union Pacific Corporation (the “Company”), acting upon a recommendation of the Compensation and Benefits Committee, elected Thomas A. Lischer as Executive Vice President – Operations of the Railroad effective August 15, 2018.Mr. Lischer succeeds Cameron A. Scott, who will remain at the Company as Vice President until his retirement on February 28, 2018, and will assist in facilitating the transition process.Mr. Lischer, age 46, most recently served as Vice President of the Harriman Dispatching Center and Network Operations for the Railroad.Prior to this election, Mr. Lischer served in the following positions at the Railroad over the last five years: Assistant Vice President of Operations for the North Region (September, 2016 – April, 2017), Assistant Vice President of Locomotive Distribution and Network Operations (April, 2014 – September, 2016), and General Superintendent of Transportation Services (February, 2011 – April, 2014). There are no family relationships between Mr. Lischer and any director or executive officer of the Company.Mr. Lischer is not party to any transaction in which the Company is a participant.
Additionally, the Board elected Elizabeth F. Whited to serve as Executive Vice President and Chief Human Resources Officer of the Railroad.Ms. Whited will be responsible for Human Resources and Labor Relations functions and will lead the Company’s new employee engagement and culture initiatives.The Board elected Kenyatta (Kenny) G. Rocker as Executive Vice President – Marketing and Sales of the Railroad effective August 15, 2018, to succeed Ms. Whited.Mr. Rocker, age 46, most recently served as Vice President Marketing and Sales – Industrial Products.Prior to this election, Mr. Rocker served in the following positions at the Railroad over the last five years:Assistant Vice President Chemicals (April, 2014 – September 2016) and Assistant Vice President Industrial Products – Marketing (March, 2012 – April, 2014).There are no family relationships between Mr. Rocker and any director or executive officer of the Company.Mr. Rocker is not party to any transaction in which the Company is a participant.
Item 7.01. Regulation FD Disclosure
A copy of the Company’s press release dated August 15, 2018, related to the foregoing announcements is furnished herewith as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits
(d)Exhibits.
99.1Press Release of Union Pacific Corporation, dated August 15, 2018.
UNION PACIFIC CORP ExhibitEX-99.1 2 unp-20180815xex99_1.htm EX-99.1 Ex 991 Exhibit 99.1 For Immediate Release Union Pacific Announces Executive Management Appointments Chief Operating Officer Cameron Scott Announces Retirement Company Shifts its Network Planning & Operations Function to Better Align with Strategic Vision Omaha,…To view the full exhibit click here
About UNION PACIFIC CORPORATION (NYSE:UNP)
Union Pacific Corporation operates through its principal operating company, Union Pacific Railroad Company. Union Pacific Railroad Company links approximately 20 states in the western two-thirds of the country by rail, providing link in the supply chain. The Company’s business mix includes agricultural products, automotive, chemicals, coal, industrial products and intermodal. The Company operates from West Coast and Gulf Coast ports to eastern gateways, connects with Canada’s rail systems and serves approximately six Mexico gateways. The Company is a Class I railroad operating in the United States. The Company’s network includes approximately 32,080 route miles, linking Pacific Coast and Gulf Coast ports with the Midwest and Eastern United States gateways and providing several corridors to Mexican gateways. The Company owns approximately 26,060 miles and operates on the remainder pursuant to trackage rights or leases.
