Kansas City Southern appoints Michael W. Cline as VP and treasurer, replacing senior VP finance and treasurer Paul J. Weyandt who retired
KANSAS CITY, Missouri
August 8, 2011
– Kansas City Southern (KCS) (NYSE:KSU - News) announced today the appointment of Michael W. Cline as vice president and treasurer, replacing senior vice president finance and treasurer Paul J. Weyandt, who retired this summer. Mr. Cline will report to executive vice president and chief financial officer Michael W. Upchurch.
“Michael brings great breadth and depth of financial and treasury expertise,” said Mr. Upchurch. “His roles in publicly traded companies will bring fresh perspective and solid value to KCS’ financial team.”
Mr. Cline has worked in finance for 28 years. He joins KCS from Great Plains Energy, where he spent 10 years, most recently as vice president investor relations and treasurer. He has also held finance positions with several other Fortune 500 companies. He holds a master of business administration from Illinois State University and a bachelor of science in finance from Bradley University, where he graduated summa cum laude. He is a Level 3 candidate for the Chartered Financial Analyst designation from the CFA Institute.
Mr. Cline is a member of the Financial Executives Institute and the National Investor Relations Institute. He also serves on the board of directors of Kansas City Young Audiences and is an active volunteer and on-air “pitcher” for KCUR-FM, Kansas City’s local public radio.
Headquartered in Kansas City, Mo., KCS is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holding is The Kansas City Southern Railway Company, serving the central and south central U.S. Its international holdings include Kansas City Southern de Mexico, S.A. de C.V., serving northeastern and central Mexico and the port cities of Lázaro Cárdenas, Tampico and Veracruz, and a 50 percent interest in Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal. KCS’ North American rail holdings and strategic alliances are primary components of a NAFTA Railway system, linking the commercial and industrial centers of the U.S., Mexico and Canada.
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