Mortimer B. Fuller III

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Mortimer Bartine Fuller III (born 1942 ) is an American railroad manager.

Life

The great-grandfather of Mortimer B. Fuller III was the salt magnate Edward Laton Fuller , who with his salt mine in Retsof ruled a large part of the American salt market at the end of the 19th century. He also controlled several railroad companies in the United States through the Fuller Syndicate, with the assistance of George Jay Gould . For the necessary transportation of the salt from the mine to the markets, Fuller acquired the bankrupt Genesee and Wyoming Valley Railroad in 1899 and continued it as the Genesee and Wyoming Railroad . Mortimer B. Fuller III's father, Mortimer B. Fuller, Jr., was the last president of the International Salt Company from the Fuller family.

Mortimer B. Fuller III graduated from Princeton University and received his bachelor's degrees , Harvard University and Masters of Business Administration and Boston University School of Law and Juris Doctor degrees . From 1973 he sat on the board of directors of the Genesee and Wyoming Railroad. He first worked in the real estate department of Connecticut General Life Insurance Co. and then held managerial positions at real estate company Schottenstein Companies, Inc.

In 1976 he became President and Chief Executive Officer of the Genesee & Wyoming Railroad. In 1977 he founded Genesee and Wyoming Industries, based in Greenwich, Connecticut, and took over the majority of the Genesee and Wyoming Railroad. After the takeover, the company first began to provide freight cars. As a result of the deregulation by the Staggers Act 1980 he took the opportunity as President, Chief Executive Officer and Chairman of the Board of the company and was responsible for the enormous expansion of the company from a railway line of originally 23.3 km to today's network from the 1980s over 120 railway companies worldwide (including Europe and Australia). The company's revenue increased from $ 4.4 million to $ 2 billion in 2015.

He resigned as President in October 1997 and as Chief Executive Officer in 2007. On May 24, 2017, he retired as Chairman of the Board.

Web links

Individual evidence

  1. ^ "Heading Railroad" in Batavia Daily News, October 6, 1977,
  2. ^ G&W Announces Retirement of Chairman Mortimer B. Fuller in May 2017; Board to Appoint Jack Hellmann as Chairman | Genesee & Wyoming InvestorHQ. Accessed May 7, 2018 .
personal data
SURNAME Fuller, Mortimer B. III
ALTERNATIVE NAMES Fuller, Mortimer Bartine III (full name)
BRIEF DESCRIPTION American railroad manager
DATE OF BIRTH 1942