A Saint Elwood Disciple....

...maybe will become the next CEO:

Wall Street Journal

Fair Use:

... Union Pacific Corp. shares surged after the railroad said it would replace its chief executive and investors cheered the possibility that a disciple of the late Hunter Harrison could take over the company.

Jim Vena, who worked with Mr. Harrison for years, is a proponent of precision scheduling railroading. The strategy, which Mr. Harrison deployed in Canada and at CSX Corp. It has also sparked criticism from unions about job losses and shippers about service disruptions.

Mr. Vena, 64 years old, briefly served as Union Pacific’s chief operating officer from 2019 to 2020. He is four years older than Lance Fritz, who has been Union Pacific’s CEO since February 2015. Mr. Fritz joined Union Pacific in 2000 and previously worked at industrial companies.

Soroban Capital Partners, a major investor in Union Pacific, called for a CEO change in a letter to the Union Pacific board and said it supported bringing back Mr. Vena to run the company. Mr. Vena said he was open to a conversation with Union Pacific about taking the CEO role. The Wall Street Journal earlier reported on the letter.

I thought the industry realized that that they had "overPSR'ed" and that they needed to back away from The Gospel strict teachings.

disclaimer: Happy to "get the bump" author Long UNP

So just how bad was UP doing, considering the last three years?

After all, the Operating Ratios in the last few years have been at historical low levels. Even the so called robber barons ever have numbers this low.