GREENWICH, Conn., Oct. 23, 2009 /PRNewswire-FirstCall/ -- Genesee & Wyoming
Inc. (GWI) (NYSE: GWR) announces the election of Michael Norkus to its board
of directors, effective October 22, 2009. Mr. Norkus will serve on GWI's
Governance Committee.
Mr. Norkus is the founder and president of Alliance Consulting Group, which
specializes in developing growth strategies for companies in consumer goods,
manufactured products, commercial services, high-tech and retail industries.
He was previously a partner and director with The Boston Consulting Group.
Mr. Norkus currently serves on the board of directors of Overland Storage,
Inc., where he chairs the Nominating and Governance Committee and serves on
the Audit and Compensation Committees. He also serves on the board of
directors of Acco Brands Corp., where he serves on the Nominating and
Governance, Audit and Compensation Committees.
Mr. Norkus holds a Ph.D. magna cum laude in law from the University of
Hamburg, a master's in comparative business law from the University of Paris
and an M.B.A. from Harvard Business School.
"We are pleased to have Michael Norkus join our board," said GWI Chairman of
the Board Mortimer B. Fuller III. "His extensive board-level, international
experience guiding organizations through growth and change makes him an
excellent addition to our board."
GWI owns and operates short line and regional freight railroads in the United
States, Canada, Australia and the Netherlands. Operations currently include 63
railroads organized in nine regions, with more than 6,800 miles of owned and
leased track and approximately 3,000 additional miles under track access
arrangements. GWI provides rail service at 16 ports in North America and
Europe and performs contract coal loading and railcar switching for industrial
customers.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995: Statements in this press release regarding Genesee & Wyoming's business
which are not historical facts are "forward-looking statements" that involve
risks and uncertainties. For a discussion of such risks and uncertainties,
which could cause actual results to differ from those contained in the
forward-looking statements, see "Risk Factors" in the Company's Annual Report
or Form 10-K for the most recently ended fiscal year.
CONTACT: Michael Williams, Corporate Communications, Genesee &
Wyoming Inc., 203-629-3722, mwilliams@gwrr.com
SOURCE Genesee & Wyoming Inc.
Michael Williams, Corporate Communications, Genesee & Wyoming Inc.,
+1-203-629-3722, mwilliams@gwrr.com
