Union Pacific Corporation elected John Koraleski to the company's board of directors, effective immediately. Koraleski serves as president and chief executive officer of Union Pacific Corporation, as well as president and CEO of Union Pacific Railroad Company. All Union Pacific Corporation board members serve concurrently on the railroad's board of directors.
“Jack’s election to the board of directors reflects his unique combination of expertise and vision that will complement the business acumen and experience of our board members,” said Jim Young, Union Pacific chairman. “Jack’s election also is a vote of confidence in his ability to lead North America’s premier railroad as it continues focusing on delivering customer and shareholder value.”
Since joining the railroad in 1972, Koraleski has held a number of executive positions including controller of Union Pacific Corporation, executive vice president marketing and sales and executive vice president finance and information technology of Union Pacific Railroad. He also has held positions in the railroad’s real estate and administrative departments.