Icahn revives growth plan; rail chief resigns
Oct 14, 2013 | 02:06 PM
| Frank Haflich
LOS ANGELES A key executive in Carl C. Icahns railcar holdings has resigned as the billionaire investor reignites his effort to expand his holdings in the industry.
St. Charles, Mo.-based American Railcar Industries Inc. has named Jeffrey S. Hollister as president and interim chief executive officer in the wake of James Cowans resignation from the posts "to pursue other interests," the company said.
Cowans resignation came less than three weeks after the announcement of a planned restructuring in American Railcars ownership. Hollister joined American Railcar in 2005 and most recently headed its rail car manufacturing group.....
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