Genesee & Wyoming Inc. (GWI) (NYSE: GWR) announced today that James M.
Andres has been named the Company's new Chief Accounting Officer and
Global Controller. Mr. Andres reports to John C. Hellmann, Chief
Financial Officer, and replaces Alan R. Harris who is retiring after
thirteen years with the Company.
"Alan Harris has played an important role in guiding GWI's expansion,"
said Hellmann. "When he started with us in 1990, we were a private
company generating $21 million of revenue in the United States. Today,
GWI is listed on the New York Stock Exchange and has interests in
railroads that collectively generate more than $500 million of revenue
in five countries. We wish Alan all the best in his retirement and thank
him for his years of hard work."
Mr. Andres brings twenty-four years of domestic and international
accounting experience to GWI, including seven years at KPMG and fourteen
years in the automotive industry, both at Federal-Mogul Corporation and
as Controller for a $1.8 billion division of New Venture Gear, a joint
venture between DaimlerChrysler and General Motors. Mr. Andres is a
C.P.A. who received a B.S. in accounting from the University of Detroit
and an M.B.A. from Syracuse University. He will be based in GWI's
administrative headquarters in Rochester, New York.
"Jim Andres brings outstanding experience in both domestic and
international accounting environments," said Hellmann. "We welcome his
leadership, skills and energy as we continue to build and strengthen
GWI."
GWI is a leading operator of short line and regional freight railroads
in the United States, Canada, Mexico, Australia and Bolivia. The Company
operates over 8,100 miles of owned and leased track and more than 3,000
miles under track access arrangements.
SOURCE Genesee & Wyoming Inc.
"Safe Harbor" Statement under the Private Securities Litigation Reform
Act of 1995: Statements in this press release regarding Genesee &
Wyoming's business which are not historical facts are "forward-looking
statements" that involve risks and uncertainties. For a discussion of
such risks and uncertainties, which could cause actual results to differ
from those contained in the forward-looking statements, see "Risk
Factors" in the Company's Annual Report or Form 10-K for the most
recently ended fiscal year.