(KCS issued the following news release on January 28.)
KANSAS CITY, Mo. — Kansas City Southern today announced the appointment of Mark Osterberg as vice president and comptroller.
Mr. Osterberg will oversee the financial reporting and accounting functions of the holding company, KCS and its subsidiaries. He will join KCS on February 9, 2004.
Mr. Osterberg has a combined 15 years of transportation experience with senior financial positions at Sun Country Airlines, Norton Motorcycles, Northwest Airlines and Braniff. Mr. Osterberg was also employed by Deloitte Haskins & Sells for nine years, where he audited a variety of both public and private companies. Most recently, he has served as a consultant for a variety of clients including Sun Country.
“We are pleased that Mark Osterberg has joined KCS,” said Ronald G. Russ, KCS executive vice president and chief financial officer. “Mark’s diverse background in both Big Four public accounting and publicly held transportation companies provides a firm base for financial performance and solid financial reporting.”
Mr. Osterberg holds an MBA in Accounting from the University of Florida, an MA in Economics from Rice University, a BBA in economics from Southern Methodist University and a CPA certificate.
KCS is a transportation holding company that has railroad investments in the United States, Mexico and Panama. Its primary holding is The Kansas City Southern Railway Company. Headquartered in Kansas City, Missouri, KCS serves customers in the central and south central regions of the U.S. KCS’ rail holdings and investments are primary components of a NAFTA Railway system that links the commercial and industrial centers of the United States, Canada and Mexico.