Retired UP Railroad Chairman John C. Kenefick in the cab of No. 8444.

Quote:

Union Pacific
John C. Kenefick, who died Friday, July 15, at age 90 was president of Union Pacific from 1971 to 1983 when he was named chairman and chief executive officer of Union Pacific Railroad. An industry giant, he guided the railroad with even temperament through stifling regulation and the threat of nationalization into a new age of health and competitive strength.
"Union Pacific is proud and privileged to have had John Kenefick at its helm," said Chairman Jim Young. "With great foresight, he strengthened our railroad and guided it through some of the most challenging times in our history. It is with great pride that we celebrate his memory and innumerable contributions to our company and community."

During Kenefick's tenure, Union Pacific's revenue swelled from $1 billion to $8 billion, and with his oversight of the 1982 Missouri Pacific and Western Pacific mergers, its size doubled. Kenefick supported financing in 1984 for a connector line with the Chicago & North Western, "Project Yellow," that gained the railroad access to Wyoming's Powder River Basin and the nation's largest coal deposit. His strategic guidance also paved the way for mergers with the Chicago & North Western and the Missouri-Kansas-Texas, which shortened Union Pacific's route from Kansas City to Fort Worth and on to the Gulf.

Full Story:
[www.uprr.com]