LORAM Names Brad Willems as New Chief Financial Officer

Brad Willems, Chief Financial Officer of LORAM

Hamel, MN—December 16, 2015—Loram Maintenance of Way, Inc. (LORAM) has appointed Brad Willems to the executive position of Chief Financial Officer. In his new role, Brad will have the responsibility for all corporate accounting, tax and information technology roles, in addition to providing oversight of the friction management business unit.

Brad joined Loram in 2012 as the Director of Marketing and Business Development and has since taken on responsibility for leading LORAM’s North American sales efforts as well as overseeing the acquisition and integration of the friction management business.

“When Brad first started at LORAM, he quickly accredited himself within the company and the railway industry as a multidimensional leader who is respected for his knowledge, collaborative approach to problem solving and his visionary leadership,” said Phil Homan, President and CEO of LORAM. “We are honored to appoint Brad to the Chief Financial Officer position.”

Prior to joining LORAM, Brad was a CPA for McGladrey and Pullen. He also spent 20 years at Super Value, where he held various leadership roles in finance, strategic sourcing and market development. Brad graduated from St. Cloud State University with a Bachelor of Science degree in accounting.

Since 1954, LORAM has been providing railroad maintenance equipment and services that consistently exceed our customers’ expectations in terms of Speed, Performance, and Reliability. This equipment and services include: production rail grinding, specialty grinding, undercutting, shoulder ballast cleaning, track lifting, Railvac® excavation, ditching, rail handling, track inspection, friction management services and data services. For more information, visit LORAM.com.

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