Trains.com

UP problems

9298 views
60 replies
1 rating 2 rating 3 rating 4 rating 5 rating
  • Member since
    January 2003
  • From: Kenosha, WI
  • 6,567 posts
Posted by zardoz on Wednesday, October 2, 2019 1:21 PM

From the article:

Ms. Hamann is inheriting a team of around 500 finance staff from Mr. Knight. 

500? Hey, Jennifer, I know of someplace you can reduce expenses without screwing your shippers.

also: Ms. Hamann currently serves as senior vice president for finance at Union Pacific after holding previous leadership positions in investor relations, marketing and sales, and as the company's general auditor. During the coming months, Ms. Hamann, said she would spend time familiarizing herself with Union Pacific’s accounting group, its real-estate assets and its tax department.

She's a senior VP, and yet she has to "familiarize herself" with the accounting group. I would think as a senior VP, she would already be familiar.....

 

BLUB BLUB BLUB--the sound of UP sinking.

  • Member since
    September 2017
  • 5,636 posts
UP problems
Posted by charlie hebdo on Wednesday, October 2, 2019 11:16 AM

A day after Glassdoor comes out and announces Union Pacific as the worst company to work for in the United States, their new incoming CFO announces this...

 

https://www.wsj.com/articles/incoming-union-pacific-cfo-in-search-of-additional-efficiencies-at-u-s-railroad-11569623942

I guess the board wants to just see fast stock rises in prices.

Join our Community!

Our community is FREE to join. To participate you must either login or register for an account.

Search the Community

Newsletter Sign-Up

By signing up you may also receive occasional reader surveys and special offers from Trains magazine.Please view our privacy policy