RailNews: BNSF's Matt Rose becomes youngest CEO of a major railroad
|Home|RailLinks|Link-a-Week|Newsletter|RailNews
(Source: www.Trainsmag.com)
BNSF's Matt Rose becomes youngest CEO of a major railroad
Matt Rose, as expected, has succeeded Rob Krebs at the helm of
Burlington Northern Santa Fe, completing a meteoric rise through
the ranks and becoming the youngest chief executive officer of a
major railroad. The 41-year-old Rose was elected CEO at BNSF's
Board of Directors meeting on December 7. Krebs, 58, will stay on
as chairman.
Rose was named BNSF president and chief operating officer in
June 1999. He joined Burlington Northern in 1993, and in June
1994, he was named vice president, vehicles and machinery.
Following the 1995 merger with Santa Fe, Rose was appointed vice
president, chemicals. In May 1996, he was promoted to senior vice
president, Merchandise Business Unit, and went on to become
senior vice president and chief operations officer. Prior to
joining BN, he was a vice president at Norfolk Southern's
RoadRailer subsidiary, Triple Crown Services, and had held
positions with trucking lines Schneider National and
International Utilities. His railroad career began in 1981, when
he was a management trainee with Missouri Pacific.
Krebs praised his hand-picked successor. "I've been a
railroad president or CEO for 20 years," Krebs said, "and
I know one of my most important jobs is to find a successor who
has the confidence of the Board and management. Matt Rose's
experience in both marketing and operations, as well as in the
rail and trucking industries, make him superbly qualified to be
BNSF's next CEO."
(Source: www.Trainsmag.com)
Print
this page.
