Charles Swinburn, Donald D. Redfearn and Ferd C. Meyer, Jr. Elected to RailAmerica Inc. Board of Directors.BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla. -- Shareholders of RailAmerica, Inc. (NYSE NYSE See: New York Stock Exchange :RRA RRA Registered Record Administrator. ) elected three directors at its annual meeting of shareholders held today in Boca Raton. Elected to three-year terms are: Charles Swinburn, Chief Executive Officer of RailAmerica, Inc. since August 2004 and a director of RailAmerica since 1995. Donald D. Redfearn, President, Chief Administrative Officer A chief administrative officer (CAO) is responsible for administrative management of private, public or governmental corporations. The CAO is one of the highest ranking members of an organization, managing daily operations and usually reporting directly to the chief executive and Secretary of RailAmerica, Inc. Mr. Redfearn has served as President of RailAmerica, Inc. since June 2004, has served as Chief Administrative Officer since January 2000, as Secretary since December 1994, and as a director since 1992. Ferd C. Meyer, Jr., retired Executive Vice President and General Counsel of Central and South West Corporation. Mr. Meyer has been a director since February 2000. In other business, shareholders approved the RailAmerica, Inc. 2005 Employee Stock Purchase Plan and approved the RailAmerica, Inc. Second Amendment to the 1998 Executive Incentive Compensation Plan. RailAmerica, Inc. (NYSE:RRA) is a leading short line and regional rail service provider with 43 railroads operating approximately 8,800 miles in the United States and Canada. The Company is a member of the Russell 2000(R) Index. Its website may be found at http://www.railamerica.com. DISCLAIMER REGARDING FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements regarding future events that involve risks and uncertainties that could cause actual results to differ materially. Forward-looking statements speak only as of the date the statement was made. The Company assumes no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. If the Company does update any forward-looking statement, no inference should be drawn that the Company will make additional updates with respect to that statement or any other forward-looking statements. We refer you to the documents that RailAmerica files from time to time with the Securities and Exchange Commission, such as the Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , Form 10-Q Form 10-Q See 10-Q. and Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. , which contain additional important factors that could cause its actual results to differ from its current expectations and from the forward-looking statements contained in this press release. |
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