In the news release, Union Pacific Elects William J. DeLaney to
Board of Directors, issued 06-Sep-2018 by Union Pacific over PR Newswire, we
are advised by the company that the 3rd paragraph, 1st sentence,
should read "chief executive officer" rather than "chief operating
officer" as originally issued inadvertently. The complete,
corrected release follows:
Union Pacific Elects William J. DeLaney to Board of Directors
OMAHA, Neb., Sept. 6, 2018 /PRNewswire/ -- Union
Pacific Corporation announced that William
J. DeLaney has been elected to the company's board of
directors.
DeLaney, 62, served as Sysco Corporation chief executive officer
from March 2009 until retiring at the
end of 2017. Sysco is an international food marketing and
distribution company that reported $55.4
billion in 2017 sales.
"Bill brings tremendous leadership, a strong finance background
and excellent supply chain management skills that will be great
assets for our company," said Lance
Fritz, Union Pacific chairman, president and chief executive
officer. "Bill has a breadth of knowledge that comes from being a
long-tenured CEO at a large industrial company, along with
significant corporate governance experience. We are thrilled to
welcome him to the board."
DeLaney embarked on his nearly 30-year Sysco career in 1987 when
he joined the company as assistant treasurer. He progressed to
roles of increasing responsibility including vice president and
treasurer, president and CEO of Sysco Food Services of Charlotte
Inc., and Sysco Corporation executive vice president and chief
financial officer, among many others.
DeLaney serves on the boards at Sanmina Corporation and Express
Scripts. He is a member of the audit and corporate governance
committees for each board. DeLaney served on the Sysco Corporation
board 2009-17.
He earned his undergraduate degree in business administration
from the University of Notre Dame, and
obtained a Master of Business Administration from the University of Pennsylvania's Wharton School.
ABOUT UNION PACIFIC
Union Pacific Railroad is the principal operating company of
Union Pacific Corporation (NYSE: UNP). One of America's most
recognized companies, Union Pacific Railroad connects 23 states in
the western two-thirds of the country by rail, providing a critical
link in the global supply chain. In the last 10 years, 2008-2017,
Union Pacific invested approximately $34
billion in its network and operations to support America's
transportation infrastructure. The railroad's diversified business
mix is classified into its Agricultural Products, Energy, and
Industrial and Premium business groups. Union Pacific serves many
of the fastest-growing U.S. population centers, operates from all
major West Coast and Gulf Coast ports to eastern gateways, connects
with Canada's rail systems and is
the only railroad serving all six major Mexico gateways. Union Pacific provides value
to its roughly 10,000 customers by delivering products in a safe,
reliable, fuel-efficient and environmentally responsible
manner.
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SOURCE Union Pacific