People: American Railcar Industries Inc (ARII.O)
ARII.O on Nasdaq
34.83USD
9:41am EDT
34.83USD
9:41am EDT
Price Change (% chg)
$0.19 (+0.55%)
$0.19 (+0.55%)
Prev Close
$34.64
$34.64
Open
$34.58
$34.58
Day's High
$34.88
$34.88
Day's Low
$34.58
$34.58
Volume
11,311
11,311
Avg. Vol
304,595
304,595
52-wk High
$47.10
$47.10
52-wk Low
$20.26
$20.26
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Carl Icahn |
77 | 1994 | Chairman of the Board |
James Cowan |
54 | 2009 | President, Chief Executive Officer |
James Unger |
64 | 2009 | Vice Chairman of the Board |
Dale Davies |
60 | 2008 | Chief Financial Officer, Senior Vice President, Treasurer |
Alan Lullman |
57 | 2010 | Senior Vice President - Sales |
Sung Hwan Cho |
38 | 2011 | Director |
Hunter Gary |
38 | 2008 | Director |
Brett Icahn |
33 | 2007 | Director |
Samuel Merksamer |
32 | 2011 | Director |
Harold First |
76 | 2007 | Independent Director |
James Laisure |
60 | 2006 | Independent Director |
James Pontious |
73 | 2006 | Independent Director |
Biographies
| Name | Description |
|---|---|
Carl Icahn |
Mr. Carl C. Icahn is Chairman of the Board of American Railcar Industries Inc., since 1994. He has been the company principal beneficial shareholder and has served as chairman of the board of directors and as a director since 1994. Mr. Carl Icahn has served as chairman of the board of Icahn Enterprises G.P. since 1990. From August 8, 2007 until December 31, 2007, Mr. Carl Icahn served as chief executive officer of Icahn Capital Management and, since January 1, 2008, Mr. Carl Icahn serves as chief executive officer of Icahn Capital LP. Mr. Carl Icahn also serves as Chief Executive Officer of the General Partners. Mr. Carl Icahn served as a director of WPI from October 2005 through December 2011. Since 1984, Mr. Carl Icahn has also served as Chairman of the Board and a director of Starfire Holding Corporation, or Starfire, a privately held holding company. Mr. Carl Icahn has been chairman of the board and a director of XO Holdings (XO), since February 2006, and of its predecessor from January 2003 to February 2006. From July 1993 to July 2010, Mr. Carl Icahn served as a director of Cadus Corporation, a company engaged in the ownership and licensing of yeast-based drug discovery technologies. From September 2006 through November 21, 2008, Mr. Carl Icahn was a director of ImClone Systems Incorporated, a biopharmaceutical company, or ImClone, and from October 2006 through November 21, 2008, he was the chairman of the board of ImClone. From August 2007 to September 2009, Mr. Carl Icahn was a director of WCI Communities, Inc., or WCI, a homebuilding company and, from September 2007 through September 3, 2009, was the chairman of the board of WCI. In December 2007, Mr. Carl Icahn became a director of Federal-Mogul and, since January 2008, has been the chairman of the board of Federal-Mogul. Mr. Carl Icahn received his B.A. from Princeton University. |
James Cowan |
Mr. James A. Cowan is President, Chief Executive Officer of American Railcar Industries Inc., since April 1, 2009. He served as the company executive vice president and chief operating officer from December 2005 through March 2009. Since August 2010, Mr. Cowan has served on the executive committee of Axis, the axle manufacturing joint venture in which the company have a 41.9% interest, and, since January 2008, has served as a director of AxisOpCo, which is wholly owned by Axis and is the operating entity for the joint venture. Mr. Cowan has served, since June 2008, on the board of directors of American Railcar Mauritius I (ARM I) and American Railcar Mauritius II (ARM II), which are wholly owned subsidiaries of ours and hold the company investment in Amtek Railcar. Since August 2008, Mr. Cowan has served on the board of directors of Amtek Railcar, the Indian joint venture in which the company have a 50% interest. Prior to joining the company, he spent the last 26 years in various positions involving the engineering, construction and manufacturing of multiple steel and tubular products. From January 1992 to June 2002, he served as general manager responsible for all sales and operations of three different steel manufacturing facilities for North Star Steel, a business previously owned by Cargill. Mr. Cowan was responsible for the greenfield development, construction and start-up of one of these facilities. From July 1979 to January 1992, he served in differing operational capacities for Cargill’s steel group, North Star Steel. During 2000 and 2001, Mr. Cowan served as chairman of the Governor of Ohio’s Steel Council. Mr. Cowan received his B.S. in Metallurgical Engineering from Michigan Technological University. |
James Unger |
Mr. James J. Unger is Vice Chairman of the Board of American Railcar Industries Inc., since April 1, 2009. Mr. Unger served as the company president and chief executive officer from March 1995 to April 2009 and has served on the company board of directors since March 1995. Effective April 1, 2009, Mr. Unger resigned as the company president and chief executive officer and was appointed vice chairman of the board. Mr. Unger also served the company as a consultant from April 2009 through March 2010. Prior to joining the company, he served ACF Industries, Inc. (now known as ACF Industries, LLC, which the company refer to as ACF) as its president from 1988 to 1995, as its senior vice president and chief financial officer from 1984 to 1988 and on its board of directors from August 1993 to March 2005. After he joined the company in 1995, Mr. Unger continued to serve as the vice chairman of ACF until March 2005. Since 2004, Mr. Unger has served as a director of American Railcar Leasing LLC (ARL). ACF and ARL are controlled by Mr. Carl Icahn. Since June 2003, Mr. Unger has served as president of Ohio Castings Company, LLC (Ohio Castings), the joint venture in which the company have a one-third interest. From July 2007 through August 2010, Mr. Unger served on the executive committee of Axis, LLC (Axis), the axle manufacturing joint venture in which the company have a 41.9% interest, and, from January 2008 through August 2010, served as a director of Axis Operating Company, LLC (AxisOpCo), which is wholly owned by Axis and is the operating entity for the joint venture. From 2008 through August 2010, Mr. Unger served on the board of directors of Amtek Railcar Industries Private Limited (Amtek Railcar), the Indian joint venture in which the company have a 50% interest. Mr. Unger served as a member of the board of directors of Ranken Technical College from 1990 to 2002. Mr. Unger received a B.S. in Accounting from the University of Missouri, Columbia and is a Certified Public Accountant. |
Dale Davies |
Mr. Dale C. Davies is Chief Financial Officer, Senior Vice President, Treasurer of American Railcar Industries Inc., since June 16, 2008. He served as the company vice president of finance from June 2005 to June 2008. Mr. Davies has served, since June 2008, on the board of directors of ARM I and ARM II. Since August 2008, Mr. Davies has served on the board of directors of Amtek Railcar. Prior to joining the company, Mr. Davies held various financial management positions with manufacturing companies in the chemical and pharmaceutical industries. From 1997 to 2005, Mr. Davies worked for Solutia, Inc. and was responsible for transaction management for strategic acquisitions and divestitures and business analysis and financial reporting. Prior to that Mr. Davies worked for Monsanto Company from 1974 to 1997 in various financial positions including plant cost accountant, business unit controller and corporate manager of business analysis and financial reporting. Mr. Davies has a B.S. in Accounting from the University of Missouri and is a Certified Management Accountant. |
Alan Lullman |
Mr. Alan C. Lullman is Senior Vice President - Sales of American Railcar Industries Inc. Mr. Lullman served as the company senior vice president sales, marketing and services from October 2004 to March 2010 when he assumed the role of senior vice president, sales. From August 1998 to September 2004, he served as the company vice president, sales and marketing. Prior to joining the company, he served as a regional sales manager at the Houston office of ACF from March 1989 to July 1998, where he was responsible for sales across 22 states. From August 1987 to February 1989, Mr. Lullman was a district sales manager at ACF. He held numerous other sales positions at ACF sales offices in the Southwest, Midwest and Northeast from October 1978 to July 1987. Mr. Lullman is a member of the National Grain Car Council, North America Freight Car Association, National Coal Transportation Association and Renewable Fuels Association. He received a B.A. from Westminster College. He also served in the U.S. Marine Corps Reserve from 1973 to 1976, when he received an honorable discharge. |
Sung Hwan Cho |
Mr. Sung Hwan Cho is Director of American Railcar Industries, Inc., since June 10, 2011. Since March 2012, Mr. Cho has been chief financial officer of IELP. Since October 2006, Mr. Cho has served as senior vice president and previously served as a portfolio company associate at Icahn Associates and IELP since October 2006. Mr. Cho served as director of finance for Atari, Inc., a publisher of video game software from October 2004 to September 2006. Mr. Cho served as director of corporate development and director of product development at Talk America, a telecommunications provider to small business and residential customers, from 1999 to 2002. Mr. Cho served as an investment banker at Salomon Smith Barney in New York and Tokyo from 1996 to 1999. Mr. Cho is a director of Take-Two, PSC Metals, Viskase, WestPoint, XO and was formerly a director of PSC LLC, an industrial services company. With respect to each company mentioned above where Mr. Cho serves or has served as a director, Mr. Carl Icahn, directly or indirectly, either (i) controls such company or (ii) has an interest in such company through the ownership of securities. Mr. Cho received an M.B.A. from New York University’s Leonard N. Stern School of Business and a B.S. in Computer Science from Stanford University. |
Hunter Gary |
Mr. Hunter C. Gary is Director of American Railcar Industries Inc., since January 31, 2008. Since November 2010, Mr. Gary has served as a senior vice president of IELP. Mr. Gary has been employed by Icahn Associates Corporation (Icahn Associates), an affiliate of IELP, in various roles since June 2003, most recently as the chief operating officer of Icahn Sourcing LLC. Prior to joining Icahn Associates, from 1997 to 2002, Mr. Gary served as a managing director of Kaufhof Warenhaus AG, a department store company and a subsidiary of the Metro Group. Since 2007, Mr. Gary has also served as a director of WestPoint and Motricity. Since March 2010, Mr. Gary has served as a director of Tropicana. Since September 2011, Mr. Gary has served as a director of XO. With respect to each company mentioned above, except Kaufhof Warenhaus AG, Mr. Carl Icahn, directly or indirectly, either (i) controls such company or (ii) has an interest in such company through the ownership of securities. Mr. Gary received his B.S. with senior honors from Georgetown University as well as a certificate of executive development from Columbia Graduate School of Business. |
Brett Icahn |
Mr. Brett C. Icahn is Director of American Railcar Industries Inc., since January 2007. Since April 2010, Mr. Brett Icahn has been a portfolio manager of the Sargon Portfolio at Icahn Capital where he was an investment analyst from 2002 until April 2010. Since January 2010, Mr. Brett Icahn has served on the board of directors of Motricity. Since April 2010, he has served on the board of directors of Take-Two Interactive Software, Inc. (Take-Two), a global developer, marketer, distributor and publisher of interactive entertainment software games for the PC. Mr. Brett Icahn also serves as a director of the Hain Celestial Group, Inc. (Hain Celestial), a natural organic products company, and Cadus Pharmaceuticals Inc. From November 2006 to December 2007, Mr. Brett Icahn served on the board of directors of HowStuffWorks.com, an internet resource acquired by Discovery Communications in 2007. With respect to each company mentioned above, Mr. Carl Icahn, directly or indirectly, either (i) controls such company or (ii) has an interest in such company through the ownership of securities. Mr. Brett Icahn received a B.A. from Princeton University. |
Samuel Merksamer |
Mr. Samuel J. Merksamer is Director of American Railcar Industries, Inc., since June 2011. Mr. Merksamer has worked as an investment analyst at Icahn Capital since May 2008. Prior to joining Icahn Capital, Mr. Merksamer worked as an analyst for Airlie Opportunity Capital Management from 2003 to 2008. He currently serves as a director for Dynegy, Federal-Mogul, Viskase Companies, Inc. (Viskase), a meat casing company, and PSC Metals Inc. (PSC Metals), a metal recycling company. From 2003 until 2008, Mr. Merksamer was an analyst at Airlie Opportunity Capital Management, a hedge fund management company, where he focused on high yield and distressed investments. With respect to each company mentioned above, Mr. Carl Icahn, directly or indirectly, either (i) controls such company or (ii) has an interest in such company through the ownership of securities. Mr. Merksamer received an A.B. in Economics from Cornell University in 2002. |
Harold First |
Mr. Harold First is Independent Director of American Railcar Industries Inc., since January 2007. Mr. First has been an independent financial consultant since January 1993. Since November 2007, Mr. First has been a director of Lexington Realty Trust, a New York Stock Exchange (NYSE) traded real estate investment trust that merged with Newkirk Realty Trust, Inc. (Newkirk), another NYSE traded real estate investment trust on December 31, 2006. From April 2001 to March 2006, Mr. First served on the board of directors of GB Holdings. From November 2005 to December 2011, Mr. First was a director of WestPoint. From January 2006 through December 2006, Mr. First was a director of Newkirk. From April 2010 to July 2011, Mr. First was a director of XO. Mr. First was a director of PANACO Inc., an oil and gas drilling firm, from September 1997 to December 2003. Mr. First is a Certified Public Accountant and holds a B.S. from Brooklyn College. |
James Laisure |
Mr. James Michael Laisure is Independent Director of American Railcar Industries Inc., since January 2006. Since June 2007, Mr. Laisure has served as a director and the chief executive officer of Fluid Routing Solutions (FRS), an automotive supplier that designs and manufactures fluid and fuel handling systems, which was formerly known as Mark IV Industries. FRS filed for bankruptcy protection under Chapter 11 in February 2009 and emerged from Chapter 11 in March 2009. Mr. Laisure served from December 2006 through July 2007 as president of Delco Remy, Inc., a manufacturer of starters, alternators and rotating electrics for the automotive, commercial vehicle and off-highway markets. Since May 2005, Mr. Laisure has been consulting as an independent contractor for the automotive and industrial manufacturing space. Prior to this, he spent 32 years in various corporate accounting, sales, engineering and operational positions with Dana Corporation (Dana), a publicly held corporation that designs, manufactures and supplies vehicle components and technology, and its predecessors. Mr. Laisure served as president of Dana’s automotive systems group from March 2004 to May 2005. From December 2001 to February 2004, Mr. Laisure served as president of Dana’s engine and fluid management group and, from December 1999 to November 2001, he served as president of Dana’s fluid management group. In addition, he served on the board of directors of various Dana joint ventures, including joint ventures in Germany, Indonesia, Mexico and Turkey. Mr. Laisure received a B.A. in Accounting from Ball State University and an M.B.A. from Miami (Ohio) University, and has completed the Harvard University Advanced Management Program. |
James Pontious |
Mr. James C. Pontious is Independent Director of American Railcar Industries Inc., since January 2006. Since May 2005, Mr. Pontious has been a railroad industry consultant in the areas of business development, acquisition and investment for various clients focused on the railroad industry, including Wabtec Corporation (Wabtec), a public company that supplies air brakes and other equipment for locomotives, freight cars and passenger transit vehicles. Mr. Pontious served Wabtec as vice president of special projects for business development from January 2003 through April 2005 and as vice president of sales and marketing from April 1990 to January 2003. Mr. Pontious also served as vice president of sales and marketing at New York Air Brake Company, a unit of General Signal Corporation, from 1977 to 1990 and was a trustee/director of the Watertown Savings Bank from 1979 to 1990. Prior to this, Mr. Pontious served the Pullman-Standard division of Pullman, Inc., a freight and passenger railcar manufacturer, from 1961 to 1977 in various management positions in the areas of sales, marketing and operations. Mr. Pontious has served as a director of the Intermodal Transportation Institute at the University of Denver and as chairman of the Passenger Transportation Committee of the Railway Progress Institute in Washington DC. Mr. Pontious holds a B.B.A. from the University of Minnesota. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Carl Icahn |
-- |
James Cowan |
822,790 |
James Unger |
463,507 |
Dale Davies |
475,120 |
Alan Lullman |
420,579 |
Sung Hwan Cho |
-- |
Hunter Gary |
-- |
Brett Icahn |
-- |
Samuel Merksamer |
-- |
Harold First |
-- |
James Laisure |
-- |
James Pontious |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Carl Icahn |
0 | 0 |
James Cowan |
30,000 | 535,397 |
James Unger |
0 | 0 |
Dale Davies |
0 | 0 |
Alan Lullman |
9,524 | 82,002 |
Sung Hwan Cho |
0 | 0 |
Hunter Gary |
0 | 0 |
Brett Icahn |
0 | 0 |
Samuel Merksamer |
0 | 0 |
Harold First |
0 | 0 |
James Laisure |
0 | 0 |
James Pontious |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
COWAN JAMES A |
150 | $44.78 |
VAUGHN MICHAEL E |
1,312 | $6.71 |
COWAN JAMES A |
200 | $44.37 |
COWAN JAMES A |
400 | $44.94 |
COWAN JAMES A |
200 | $44.44 |
COWAN JAMES A |
400 | $44.58 |
COWAN JAMES A |
500 | $44.45 |
COWAN JAMES A |
100 | $44.00 |
COWAN JAMES A |
100 | $44.76 |
COWAN JAMES A |
300 | $43.99 |
COWAN JAMES A |
500 | $44.61 |
COWAN JAMES A |
100 | $44.94 |
COWAN JAMES A |
100 | $44.93 |
COWAN JAMES A |
100 | $44.51 |
COWAN JAMES A |
300 | $44.58 |
COWAN JAMES A |
300 | $44.66 |
COWAN JAMES A |
300 | $44.74 |
COWAN JAMES A |
200 | $44.90 |
COWAN JAMES A |
100 | $44.06 |
COWAN JAMES A |
100 | $44.67 |
COWAN JAMES A |
300 | $44.62 |
COWAN JAMES A |
100 | $44.89 |
COWAN JAMES A |
100 | $44.53 |
COWAN JAMES A |
100 | $44.43 |
COWAN JAMES A |
6,250 | $6.71 |
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