BOCA RATON, Fla.–(BUSINESS WIRE)–RailUSA, LLC, an independent freight railroad and rail services holding company, has named Barbara Wilson, a 26-year veteran of the railroad industry, President and Chief Financial Officer, overseeing all commercial, operational and financial functions.
“Barbara’s expertise in strategic planning, financing, acquisitions and integrations in the rail sector, along with her strong reputation and relationships throughout the industry, are a great value add for RailUSA.”Evan Harwood, RailUSA Board Director and Managing Director at Equity Group Investments (EGI)
Previously, Barbara was the President of Wells Fargo Rail, the largest rail equipment operating lessor in North America. In this role, she managed more than $8 billion in assets and led a 215-person team in growing the business 3x through acquisitions. Earlier in her career, Wilson served as Chief Financial Officer for Helm Financial Corporation, an independent locomotive and railcar operating leasing company.
“Barbara’s expertise in strategic planning, financing, acquisitions and integrations in the rail sector, along with her strong reputation and relationships throughout the industry, are a great value add for RailUSA,” said Evan Harwood, RailUSA Board Director and Managing Director at Equity Group Investments (EGI), the lead investor in the company.
“We have a robust team and strong platform,” added Harwood. “Our goals are safety, great service, and growth. Our vision is to align best-in-class run railroads with management that is solely focused on North American short line and regional rail lines. Combined with a well-capitalized owner partnership and a marketplace with numerous opportunities, we are very well positioned for growth.”
RailUSA is an independent freight railroad and rail services holding company headquartered in Boca Raton, Florida. The company is majority-owned and controlled by Equity Group Investments (EGI), the private investment firm of Sam Zell, and other EGI-led investors. RailUSA owns and operates two short line/regional railroads – Florida Gulf & Atlantic Railroad, which runs between Baldwin, FL, and Pensacola, FL, and Granada Railroad, which runs between Memphis, TN, and Canton, MS. For more information visit www.railusa.com.
About Equity Group Investments
Equity Group Investments (EGI) is the private investment firm founded by Sam Zell 50 years ago. Based in Chicago, EGI invests opportunistically across industries and geographies and throughout the capital structure. Current portfolio investments are in transportation and logistics, energy, waste and infrastructure, manufacturing, communications, healthcare, agribusiness, insurance, and real estate. EGI provides flexible capital and employs an engaged ownership approach to maximize the potential of its investments. For more information on EGI, visit www.egizell.com.
Equity Group Investments