The board of directors of FreightCar America appointed Terence R. (Terry) Rogers vice president, CFO and treasurer. Rogers had been serving as interim CFO since January, leading all the finance activities of the company, including business planning, budgeting, forecasting, treasury and information technology.

“We are thrilled to have a person of Terry’s caliber join the permanent team. He is an extremely experienced financial leader and brings invaluable experience as we complete the remaining steps of our strategic repositions and look to pivot to long-term growth,” Jim Meyer, president and CEO of FreightCar America, said. “We are on track to complete the transition of our production to Mexico in early 2021 and remain focused on achieving our goals to become the highest quality, lowest cost producer in the industry and build a manufacturing platform well positioned for the future.”

“I am excited to be joining FreightCar America at such an important time in the company’s history,” Rogers said. “Jim and the team have executed a comprehensive transformation of the business, which has significantly enhanced our competitive position. I look forward to the future of the company and believe we have the right strategy to complete the repositioning and return to long-term growth.”

Rogers has nearly 40 years of experience in finance, accounting and operations. He also has experience in strategic planning, corporate restructuring, accounting and investor relations. Prior to joining FreightCar America, Rogers was executive vice president and CFO at Roadrunner Transportation Systems from 2017 to 2019. Prior to joining Roadrunner, Rogers served as executive vice president and CFO of the Heico Companies from 2012 to 2017. Rogers also previously held various executive management positions at Ryerson, including executive vice president and CFO, over a 17-year period.