Las Vegas Railway Express, Inc. (X Train) elected John McPherson to chairman of the board and George Rebensdorf to director. Former Chairman Gil Lamphere remains on the board as director.
X Train CEO/President Michael Barron said, “As the company heads into its operational phase, the board of directors recommended we draw from our talent on the board to have a chairman with Class 1 railroad operating experience. John McPherson is that man.”
McPherson commented on his election, “I am honored by my selection as chairman of the board of Las Vegas Railway Express, Inc., and look forward to contributing to their success in this venture. I am very appreciative to Gil Lamphere for leading the company through its venture capital financing phase and assisting management in securing a prominent Wall Street investment banker.”
Rebensdorf stated, “I’m pleased to be joining the company’s board of directors at such an exciting time in the company’s development. I have been following the X Train’s development from the beginning and as an early investor in the company, I have seen great progress on this opportunity.”