Press Release
Source: Kansas City Southern
KCS Names Arthur Shoener EVP and COO of the Company, President & CEO of
KCS’s U.S. Rail Holdings, The Kansas City Southern Railway Company and
Texas Mexican Railway Company
Monday January 3, 9:40 am ET
Owen Zidar Named Vice President - Marketing
KANSAS CITY, Mo.–(BUSINESS WIRE)–Jan. 3, 2005-- Kansas City Southern
(KCS, or the Company)(NYSE: KSU http://finance.yahoo.com/q?s=ksu&d=t
- News http://finance.yahoo.com/q/h?s=ksu ) today announced that
Arthur L. Shoener has been elected to the position of Executive Vice
President and Chief Operating Officer of KCS and the positions of
President and Chief Executive Officer of The Kansas City Southern
Railway Company (KCSR) and The Texas-Mexican Railway (Tex-Mex). Shoener
will report directly to Michael R. Haverty, who remains Chairman,
President and CEO of KCS and Chairman of KCSR. Haverty has also been
elected Chairman of Tex-Mex.
Shoener will be directly responsible for managing all of KCS rail
holdings within the United States. As EVP and COO of the Company,
Shoener will play an important advisory role in the oversight of TFM,
S.A. de C.V. (TFM), which will become a subsidiary of the Company
following completion of the recently announced acquisition, and the
Panama Canal Railway Company (PCRC), which operates across the Isthmus
of Panama.
Shoener began his distinguished career in the transportation industry in
1968 as a participant in the management training program at the Missouri
Pacific Railroad Company. He subsequently held a variety of operations
positions with the company and was serving as general manager of the
eastern region in 1982 when the Missouri Pacific was acquired by the
Union Pacific Railroad Company. His career continued to progress as he
took positions of increased authority at Unio