Union Pacific Names Craig Richardson Executive Vice President, Chief Legal Officer and Corporate Secretary

Rhea-AI Summary

Union Pacific has appointed Craig Richardson as the new executive vice president, chief legal officer, and corporate secretary. He brings extensive experience in commercial and regulatory law and previously served as vice president and associate general counsel. Chairman Lance Fritz praised Richardson's leadership skills, particularly during challenging legal matters. Richardson has a strong background in litigation related to energy infrastructure, having managed significant legal portfolios for major corporations.

Positive

• Craig Richardson's appointment as chief legal officer brings extensive legal experience from his previous roles.
• Richardson's background in managing complex legal issues is expected to enhance Union Pacific's risk management.

Negative

• None.

OMAHA, Neb., Dec. 8, 2020 /PRNewswire/ -- Union Pacific today named Craig Richardson executive vice president, chief legal officer and corporate secretary. Richardson is responsible for overseeing all aspects of the company's legal affairs, including commercial transactions and litigation, regulatory matters, labor and employment. Richardson also supervises the railroad's compliance and ethics program, and risk management initiatives, including Union Pacific's police department. He succeeds Rhonda Ferguson, who served as executive vice president, chief legal officer and corporate secretary.

Richardson most recently served as vice president of commercial and regulatory law. He's also held the position of associate general counsel.

"Craig has provided critical leadership, guiding us through sensitive and complex legal matters with insight, sound judgment and clarity," said Chairman, President and CEO Lance Fritz. "He is a superior partner and counselor and has the expertise we need during this time of unprecedented change within our nation and company."

Richardson's experience spans commercial and regulatory litigation, including oil and gas, environmental, and antitrust law, as well as all aspects of multi-jurisdictional permitting of global energy infrastructure. For nearly a decade, he served as the Chief Legal Officer of El Paso Corporation's Pipeline Group, the largest network of interstate natural gas pipelines in North America, delivering over 30% of the natural gas consumed in the United States. He was responsible for all legal matters nationwide, waging successful litigation in executing El Paso's $8 billion portfolio of crucial additions to national energy infrastructure from California to New York.

ABOUT UNION PACIFIC
Union Pacific (NYSE: UNP) delivers the goods families and businesses use every day with safe, reliable and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. More information about Union Pacific is available at www.up.com.

www.up.com 

www.facebook.com/unionpacific 

www.twitter.com/unionpacific

View original content to download multimedia:http://www.prnewswire.com/news-releases/union-pacific-names-craig-richardson-executive-vice-president-chief-legal-officer-and-corporate-secretary-301188917.html

SOURCE Union Pacific Corporation

FAQ

Who was appointed as the new chief legal officer of Union Pacific?

Craig Richardson was appointed as the new executive vice president, chief legal officer, and corporate secretary of Union Pacific.

What experience does Craig Richardson have that benefits Union Pacific?

Craig Richardson has extensive experience in commercial and regulatory law, having previously managed legal affairs for major corporations.

What did Lance Fritz say about Craig Richardson's leadership?

Lance Fritz praised Craig Richardson for his critical leadership and expertise in navigating complex legal matters.

When was Craig Richardson's appointment announced?

Craig Richardson's appointment was announced on December 8, 2020.