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Union Pacific Railroad has named Jim Vena chief running officer, efficient Jan. 14.
Vena, 60, previously became executive vp and COO at CN earlier than retiring in June 2016. He served CN for 40 years, holding positions of accelerating accountability in operations, advertising and marketing and sales, including senior VP of every of the Class I’s three running areas, and SVP of advertising and marketing and sales.
Vena now will lead all aspects of UP’s operations, including the implementation of Unified Idea 2020, which became launched in October 2018. The new running intention combines precision scheduled railroading (PSR) tips with “UP Methodology” tools and ultimate practices.
Vena will relate back to UP Chairman, President and Chief Govt Officer Lance Fritz, while EVP of Operations Tom Lischer and EVP and Chief Plot Officer Lynden Tennison will relate back to Vena.
All over his tenure as CN’s COO, Vena helped generate the North American rail industry’s ultimate running ratio and perform the valid security incident ratio in the Class I’s history, UP officers talked about in a assertion.
“We had been making perfect strides rolling out Unified Idea 2020, and Jim’s substantial files of the [PSR] model brings vital expertise and expertise that can improve the work already underway,” talked about Fritz.
Robert W. Baird & Co. Inc. analyst Benjamin Hartford agrees that Vena’s expertise will reduction UP solidify its evolution to PSR tips beneath Unified Idea 2020.
“UP has been transitioning to a brand new running intention … with [PSR] ideas underpinning the intention. The three-allotment intention is progressing, with the third allotment scheduled to delivery up in January/February and be accomplished by mid-2019,” Hartford talked about in an emailed relate.
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