BNSF Railway appoints Kathryn Farmer as new CEO By Reuters

© Reuters. A freight train of BNSF Railway Company is pictured in Ciudad Juarez

(Reuters) – BNSF Railway, one of the largest railroad operators in North America and owned by Berkshire Hathaway Inc (N:), said on Monday it appointed Kathryn Farmer as its chief executive officer, replacing Carl Ice, who led the company since 2013.

Farmer, who currently serves as the company’s executive vice president of operations, will assume the roles of chief executive and president on Jan. 1, BNSF said in a statement.

Ice will retire at the end of 2020, but will remain on the company’s board, it added.

“Carl (Ice) has been critical to BNSF’s success for a very long time. I thank him for his leadership and his accomplishments,” Berkshire Hathaway CEO Warren Buffett said in a statement.

“We look forward to Katie’s (Farmer) leadership and more success. She possesses all of the qualities that make us excited about the future.”

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*