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His tenure as CEO begun in the midst of a crisis due to system incompatibilities as Union Pacific absorbed Southern Pacific Railroad. The company's stock dropped throughout the remainder of the 1990s, and would not recover until 2002. [2] He was awarded Railroader of the Year in 2003. He retired as CEO in 2006, and as Chairman in 2007. [1]
Alfred Edward Perlman (November 22, 1902—April 30, 1983) was a railroad executive, having served as president of the Penn Central Transportation Company and its predecessor, the New York Central Railroad, and later, president of the Western Pacific railroad presiding over its successful turnaround before being absorbed into the present day Union Pacific system.
President, CEO and chairman of Union Pacific Railroad James Ruesch Young (October 24, 1952 — February 15, 2014) was an American railroad executive who was the president, chief executive officer and chairman of the board for Union Pacific Railroad from 2006 to his death in February 2014.
The current holding company, Union Pacific Corporation, was established in 1969 with its incorporation in Utah as a holding company for the railroad and other subsidiaries. [3] In 1982, Union Pacific Corporation acquired Missouri Pacific Railroad, which included the Missouri–Kansas–Texas Railroad, and the Western Pacific Railroad.
Union Pacific railroad has reached a tentative deal with a major union regarding paid sick leave. The railroad and the International Association of Sheet Metal, Air, Rail and Transportation ...
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Union Pacific is trimming the ranks of the railroad's management employees as part of the new CEO's push to eliminate layers of bosses involved in decision making. The railroad, based in Omaha ...
On January 5, 2012, UP announced to its employees that for the first time in ninety-eight years the Harriman award would be retired after the 2012 award ceremony. The Association of American Railroads (AAR) made the decision to end the award presentation.