Nick Randall, Chief Operating Officer to Succeed Jim Meyer as President and CEO; Jim Meyer to remain on the Board of Directors and become Executive Chairman
CHICAGO, March 18, 2024 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ:RAIL), a diversified manufacturer of railroad freight cars, announced effective May 1, 2024, the appointment of Nicholas J. Randall, the Company's current Chief Operating Officer, as President and Chief Executive Officer and member of the Company's Board of Directors. Mr. Randall will succeed James R. Meyer who has been appointed as the Company's Executive Chairman of the Board of Directors. William D. Gehl, the Company's current Chairman, will remain on the Board of Directors and serve as Lead Independent Director.
Mr. Randall, with more than 20 years of global experience working in and leading engineering and manufacturing operations at world-class companies, joined FreightCar America in 2023 as Chief Operating Officer. Since joining the Company, Mr. Randall has managed FreightCar America's operations and overseen the completion of its manufacturing campus in Castaños, Mexico.
"I am extremely pleased to announce the appointment of Nick Randall as our new President and Chief Executive Officer. Nick upholds the highest standard of operational excellence and shares the same values and vision for the Company that have guided us in recent years. Under his leadership, ...