• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

Chicago Freight Car Leasing Co. Names Shad Peterson Chief Operating Officer

Posted on: Tuesday, 28 April 2009, 18:23 CDT

ROSEMONT, Ill., APRIL 28 /PRNewswire/ -- Chicago Freight Car Leasing Co. (CFCL), a full service operating lessor of railcars to industrial, agricultural, and food customers, announced today that Shad Peterson has been named Chief Operating Officer. Shad has been the CEO of Union Leasing, the vehicle fleet management subsidiary of CFCL, having been appointed by the Board of Directors in 2007 after holding the position of President since 2005. Prior to joining Union Leasing, Shad was Sr. Vice President & Managing Director of Sales & Operations for Greenwich Technology Partners, and had spent 12 years within the professional consulting industry providing strategic planning and consulting services to Fortune 500 companies with a focus on financial and telecommunications companies.

In his new position, Shad will be responsible for directing CFCL's North American Rail Leasing business, continuing the company's growth initiatives that have evolved over 80 years of operation. In addition, Shad will retain his position as CEO at Union Leasing, focusing on executing the corporate business plan and providing strategic guidance to this growing business unit. Shad will also retain the position of President for Mississippi Railcar L.L.C. and will assume the position of Vice President of Hoosier Railcar Inc., both of which are independent family owned businesses that provide quality railcar repair services to private car owners, shippers and railroads.

According to Fred Sasser, President and CEO of Chicago Freight Car Leasing, "The addition of Shad to our team will bring a great deal of experience, including broad industry knowledge, and a new leadership perspective to drive CFCL's growth in providing valued customer solutions."

Chicago Freight Car Leasing Co. (www.crdx.com) is a premier independent railcar leasing solutions company that has been delivering quality products, reliable services, and a commitment to an outstanding customer experience since 1928. The company maintains a diverse railcar fleet supporting the needs of industrial, agricultural, and food products shippers and railroads throughout North America.

Union Leasing Inc. (www.unionleasing.com), a wholly owned subsidiary of Chicago Freight Car Leasing (CFCL), is a recognized leader in the vehicle fleet management industry with a focus on fleet sizes ranging from 10-500 vehicles and providing relentless commitment to client service nationwide.

SOURCE Chicago Freight Car Leasing Co.

Source: PR Newswire

More News in this Category