Posted 10 May, 2022
FreightCar America, Inc. appointed new CEO
CEO Change detected for ticker Nasdaq:RAIL in a 8-K filed on 10 May, 2022.
On May 5, 2022, James R. Meyer, President and Chief Executive Officer of FreightCar America, Inc. (the "Company"), notified the Company of his intention to retire in 2023, after the appointment of his successor to ensure a smooth transition.
Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of FreightCar America, Inc.
Transportation/Logistics • Railroads
FreightCar America, Inc. engages in the manufacture of railcars and railcar components. It operates through the Manufacturing and Corporate and Other segments. The Manufacturing segment includes new railcar manufacturing, used railcar sales, railcar leasing and major railcar rebuilds. The Corporate and Other segment focuses on the sales of parts. The company was founded in 1901 and is headquartered in Chicago, IL.Market Cap
$52.6M
View Company Details
$52.6M
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 5, 2022, James R. Meyer, President and Chief Executive Officer of FreightCar America, Inc. (the "Company"), notified the Company of his intention to retire in 2023, after the appointment of his successor to ensure a smooth transition. The Company has initiated a search process for the new Chief Executive Officer for which Mr. Meyer is actively involved. Mr. Meyer will remain a member of the Board of Directors following the transition. 2
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