Union Pacific says it expects to call a brand new CEO in 2023 after hedge fund referred to as for Lance Fritz to get replaced
A GE AC4400CW diesel-electric locomotive in Union Pacific livery is seen close to Union Station in Los Angeles, California, September 15, 2022.
Bing Guan | Reuters
U.S. railroad Union Pacific on Sunday stated it expects to call a successor to imagine the place of chief government officer changing Lance Fritz in 2023.
“Union Pacific has been my residence for 22 years and I’m assured that now’s the suitable time for Union Pacific’s subsequent chief to take the helm. I look ahead to working with the Board as we determine our subsequent CEO to steer the Firm into the longer term,” Fritz stated in a press release.
The announcement comes after U.S. hedge fund Soroban Capital Companions in a letter on Sunday referred to as for Fritz to get replaced.
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- Union Pacific says it expects to call a brand new CEO in 2023 after hedge fund referred to as for Lance Fritz to get replaced
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