Bulletin
Investor Alert

press release

May 8, 2020, 9:15 a.m. EDT

Kansas City Southern Announces Appointment of Vice President and Chief Engineer Manny Loureiro, Retirement of Vernon “Buck” Jones

Kansas City Southern /zigman2/quotes/200211518/composite KSU +0.33% today announced the appointment of Manny Loureiro as vice president and chief engineer with responsibility for the engineering departments in the U.S. and Mexico. He reports to KCS executive vice president and chief operating officer Jeffrey M. Songer, and replaces vice president and chief engineer Vernon “Buck” Jones, who will retire this summer after a 42-year career with the company.

“Manny brings extensive international engineering experience to the company with his work in the U.S., Canada, Australia and Brazil,” said Mr. Songer. “He has a strong track record of leading safety, operating efficiency and employee development programs, and we look forward to bringing his ideas to KCS.”

Mr. Loureiro joins KCS following a 37-year career with CN where he had responsibility in both the U.S. and Canada. He was chief engineer of track from 2009 to 2017 before retiring and starting his consulting business, LC Rail. He holds a bachelor of science in civil engineering from the University of Manitoba. He completed the Ivey School of Business Executive Program at the University of Western Ontario, and he is a registered Professional Engineer in Ontario. He serves on the board of directors of Universal Rail Systems.

“On behalf of a grateful KCS, I want to thank Buck for his 42 years of continuous service,” said Mr. Songer. “Our company has seen significant changes over his tenure, and his leadership, expertise and commitment to safety has been a constant. We wish him and his wife, Donna, a long, healthy and prosperous retirement.”

Mr. Jones joined the company in 1978 and has served in his current role since 2016. He served as assistant vice president engineering from 2010 to 2016 and maintenance of way engineering management from 2008 to 2010. Prior to that, he served in the signal department, joining management in 1985.

Headquartered in Kansas City, Mo., KCS is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holding is The Kansas City Southern Railway Company, serving the central and south central U.S. Its international holdings include Kansas City Southern de Mexico, S.A. de C.V., serving northeastern and central Mexico and the port cities of Làzaro Càrdenas, Tampico and Veracruz, and a 50 percent interest in Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal. KCS' North American rail holdings and strategic alliances with other North American rail partners are primary components of a unique railway system, linking the commercial and industrial centers of the U.S., Mexico and Canada.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200508005058/en/

SOURCE: Kansas City Southern

C. Doniele Carlson, 816-983-1372, dcarlson@kcsouthern.com

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/zigman2/quotes/200211518/composite
US : U.S.: NYSE
$ 183.37
+0.61 +0.33%
Volume: 498,776
Sept. 25, 2020 4:00p
P/E Ratio
31.41
Dividend Yield
0.87%
Market Cap
$17.30 billion
Rev. per Employee
$382,181
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