Tuesday, May 30, 2017

KCS adds four new members to its board of directors

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Kansas City Southern (KCS) announced that it will add four new directors to its Board of Directors, effective immediately. The new directors bring the board to 12 members, of which 11 are independent.

Robert J. Druten, Chairman of the Board of Directors made the announcement that Mitch Krebs, Lydia Beebe, Janet Kennedy and Henry Maier were elected to the board.

"The diverse backgrounds and wide range of expertise of these new directors substantially strengthens the Board's ability to oversee the achievement of our long-term strategic objectives," said Druten.

Mitchell J. Krebs is the current president and CEO of Coeur Mining, Inc., a publicly-traded company and leading global producer of silver and gold with mines in North and South America, including Mexico. Krebs has served as president and CEO since 2011, but before that he served as Coeur's senior vice president and chief financial officer. KCS says Krebs not only has valuable CEO leadership experience, but will also provide additional financial expertise as well as experience with significant business operations issues in Mexico.

Lydia I. Beebe joins the board after serving in various executive roles at Chevron Corporation, most recently as its chief governance office; she is also an experienced director of public companies. KCS says Beebe is a respected advisor on corporate strategy, and is highly regarded for her expertise in working with all stakeholders. Ms. Beebe currently serves as senior of counsel with the law firm of Wilson Sonsini Goodrich & Rosati, advising clients on a wide range of corporate governance issues.

Janet H. Kennedy is the president of Microsoft Canada, a subsidiary of Microsoft Corporation. She has over 20 years of experience in sales and marketing of business solutions and previously spent time in the West and Central regions of the U.S. as the vice president of Enterprise Customers.

"Mrs. Kennedy adds not only valuable experience leading a significant business unit within Microsoft but also has understandings regarding specific technological applications and developments that will benefit the transportation industry as well as issues related to cybersecurity that all boards and companies are now facing," said KCS.

Henry J. Maier is president and chief executive officer of FedEx Ground, the $16.6 billion subsidiary of FedEx Corp. He is responsible for the strategic direction and performance of the company, which is a leader in cost-effective package ground shipping to businesses and residential customers throughout the U.S. and Canada. Prior to assuming his current role in 2013, Mr. Maier held various other senior executive roles in the areas of marketing, communications and strategic planning.