GRINSTEIN ELECTED CHAIRMAN OF AAR BOARD
WASHINGTON, Nov. 23 ~PRNewswire~ -- Gerald Grinstein, chairman and CEO of Burlington Northern Inc., has been elected chairman of the board of the Association of American Railroads (AAR), Edwin L. Harper, president and CEO of AAR, announced today.
Grinstein succeeds James A. Hagen, chairman, president and CEO of Consolidated Rail Corporation, for a term of one year that begins Jan. 8, 1993.
In announcing the election of the new AAR chairman, Harper said: "Jerry Grinstein brings to our board an abundance of marketing, legislative and leadership experience. As the industry prepares to work with a new Congress and a new administration, Jerry's background will be a particular strength."
Harper praised Hagen's contributions to the industry. "As AAR chairman, Jim Hagen provided leadership and vision for the industry during a year that saw enactment of the ground-breaking Intermodal Surface Transportation Efficiency Act and legislation to end a two- day national rail shutdown. His contributions to both were invaluable."
Grinstein came to Burlington Northern in 1987 as vice chairman of Burlington Northern Inc. He was named president and chief executive officer of Burlington Northern Inc. in 1989 and assumed his current position in 1990.
Before joining Burlington Northern, Grinstein was chief executive officer of Western Air Lines, Inc., where he had previously served as president and chief operating officer and chairman of the board.
From 1969 to 1983 he was a partner in the Seattle law firm of Preston, Thorgrimson, Ellis and Holman. Before that he served for two years as administrative assistant to Sen. Warren G. Magnuson. His Washington legislative experience includes the positions of chief counsel and counsel to the U.S. Senate Commerce Committee and counsel to the Merchant Marine and Transportation Subcommittee.
A native of Seattle, Grinstein holds a Doctorate of Law from Harvard University and his undergraduate degree from Yale College.
Harper also announced a restructuring of the AAR board committees to better reflect changes in AAR operations. The committees and the railroad chief executive officers who will chair them are:
-- Research: I. Barry Scott, chairman and CEO, CP Rail System.
-- Labor and Operations: Dick Davidson, chairman and CEO, Union
-- Marketing Information and Systems: James A. Hagen, chairman,
president and CEO, Consolidated Rail Corporation.
-- Finance, Communications and Administration: David R. Goode,
chairman, president and CEO, Norfolk Southern Corporation.
Grinstein will serve as an ex-officio member of all committees.
~CONTACT: John Hartnett of the Association of American Railroads, 202-639-2546, or Richard A. Russack of Burling TW -- DC007 -- 0401 11~23~92 10:34 EST