Union Pacific

Union Pacific Chairman and CEO Jack Koraleski joined New Mexico Governor Susana Martinez in a grand-opening ceremony celebrating the newest facility on the railroad’s 23-state network.

Union Pacific Corp. today reported 2014 first quarter net income of $1.1 billion, or $2.38 per diluted share, compared to $957 million, or $2.03 per diluted share, in the first quarter 2013.

David B. Dillon, chairman of The Kroger Co., has been elected to the board of directors for Union Pacific Corp. The appointment is effective immediately. The board also voted to elect the company’s chief executive officer Jack Koraleski, chairman of the board. Dillon, 62 has served in a variety of leadership roles within The Kroger Co., beginning in 1990 with his appointment as executive vice president. In 1995, Dillon was named president and chief operating officer and he served as chief executive officer from 2003-2013. Kroger, based in Cincinnati, Ohio, employs 375,000 associates who serve customers in more than 3,700 supermarkets,

Union Pacific Corp. Chairman James R. (Jim) Young, who worked his way from an entry-level finance position to chairman, president and chief executive officer, died today after a two-year battle with pancreatic cancer. He was 61 years old.