Genesee & Wyoming Inc. (G&W) (NYSE: GWR) today announced that John C.
Hellmann, President and Chief Executive Officer, was appointed Chairman
of the Board of Directors following the previously announced
retirement of Mortimer B. Fuller III, effective May 24, 2017. Mr.
Hellmann also will continue to serve as President and Chief Executive
Officer.
Mr. Hellmann has served on the Board since 2006. He joined G&W as Chief
Financial Officer in 2000, was named President in 2005 and succeeded Mr.
Fuller as Chief Executive Officer in 2007.
Mr. Fuller, who served as Chairman of the Board of Directors since 1977,
is a great grandson of Edward L. Fuller, who founded the 14.5-mile
Genesee and Wyoming Railroad Company in 1899.
Also at G&W’s May 24 annual meeting, the stockholders elected Directors
Albert J. Neupaver, Joseph H. Pyne, Hunter C. Smith and Mr. Hellmann for
the term that expires in 2020. Directors whose terms of office continued
after the annual meeting are Richard H. Allert, Hans Michael Norkus, Ann
N. Reese, Richard H. Bott, Øivind Lorentzen III and Mark A. Scudder.
About G&W
Genesee & Wyoming owns or leases 122 freight railroads worldwide that
are organized in 10 operating regions with approximately 8,000 employees
and 3,000 customers.
-
G&W’s eight North American regions serve 41 U.S. states and four
Canadian provinces and include 115 short line and regional freight
railroads with more than 13,000 track-miles.
-
G&W’s Australia Region provides rail freight services in New South
Wales, including in the Hunter Valley coal supply chain, the Northern
Territory and South Australia, and operates the 1,400-mile
Tarcoola-to-Darwin rail line. The Australia Region is 51.1% owned by
G&W and 48.9% owned by a consortium of funds and clients managed by
Macquarie Infrastructure and Real Assets.
-
G&W’s U.K./Europe Region is led by Freightliner, the U.K.’s largest
rail maritime intermodal operator and second-largest rail freight
company. Operations also include heavy-haul in Poland and Germany,
intermodal services connecting Northern European seaports with key
industrial regions in Germany, and regional rail services in the
Netherlands and Belgium.
G&W subsidiaries provide rail service at more than 40 major ports in
North America, Australia and Europe and perform contract coal loading
and railcar switching for industrial customers.
"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.
Genesee & Wyoming
Michael Williams, 1-203-202-8900
G&W Corporate Communications
www.gwrr.com