logo
Share SHARE
FONT-SIZE Plus   Neg

American Railcar CEO Cowan Resigns; Names Hollister President & Interim CEO

American Railcar Industries Inc. (ARII) announced the resignation of James Cowan, its President and Chief Executive Officer. The Board of the company appointed Jeffrey Hollister as President and Interim Chief Executive Officer.

Hollister has over 23 years of experience in operations and financial management. Hollister has been with ARI since 2005 and has served in various senior financial and operations roles. Most recently, Hollister has overseen the company's railcar manufacturing group.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Ciena Corp., a provider of communications networking solutions, on Thursday reported a turnaround to profit in the fourth quarter on higher revenues and lower expenses. However results for the quarter missed analysts' estimates. Looking ahead, the company forecast revenue for the first quarter of fiscal 2017 in line with analysts' expectations. Wearable fitness device maker Fitbit Inc. said it has acquired the assets of struggling smartwatch startup Pebble, including key personnel and intellectual property related to software and firmware development. The acquisition excludes Pebble's hardware products. Financial terms of the deal were not disclosed. Starbucks is teaming up with Pokémon Go, a location based augmented reality game, to turn its stores into PokéStops and Gyms, reports said. Further, the coffee giant reportedly would open Italian bakeries that serve pizza, with the first store expected to open in late 2017.
comments powered by Disqus
Follow RTT