Pancreatic Cancer Leads to Medical Leave of CEO
Largest US Railroad Discloses CEO's
On March 2nd, Union Pacific announced that its Chief Executive Officer, James R. Young, is taking a medical leave of absence from his duties during treatment for pancreatic cancer.
Young has led the biggest U.S. railroad since 2005 and as of January, Union Pacific reported a 24% jump in earnings that exceeded Wall Street forecasts under Young's leadership. His tenure as CEO encompassed the U.S. recession, when railroads parked thousands of railcars and locomotives amid declining freight volumes.
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