KANSAS CITY, Mo. — Kansas City Southern named Jerry W. Heavin senior vice president, operations, to replace Ab Rees, who will leave the company to pursue other career opportunities, a wire service reported.
In a press release Wednesday, KCS said Heavin will succeed Rees immediately, though Rees will stay through July to assist the transition.
Heavin joined KCS in 2001 as vice president and chief engineer, KCS said.
New York Stock Exchange-listed shares of Kansas City Southern, a holding company with operations in railway freight services, recently traded at $15.67, down $39 cents or 2.4%, on composite volume of 175,700 shares. Average daily volume is 237,067 shares.