FreightCar America appoints Nicholas J. Randall as COO effective June 26, 2023

FreightCar America, Inc.

Randall, 50, most recently led a division of Precision Castparts (Berkshire Hathaway) and held senior roles at Alcoa and Jaguar Land Rover.
Base salary of $450,000; target annual bonus of 75% of base; sign-on award includes $250,000 cash and 300,000 stock options.
LTIP target value of 125% of base salary, split 50% restricted shares (3-year cliff vest) and 50% stock options (3-year graded vest).
Eligible for severance plan providing 12 months base salary plus average bonus and COBRA premiums upon qualifying termination.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Nicholas J. Randall

Chief Operating Officer

RAIL · FreightCar America, Inc.

Effective: 2023-06-26
Filed: May 18, 2023, 7:59 PM ET

On May 12, 2023, FreightCar America, Inc. (the “Company”) entered into a letter agreement with Nicholas J. Randall (the “Randall Letter”) pursuant to which Mr. Randall will become the Company’s Chief Operating Officer, effective June 26, 2023 (the “Effective Date”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Nicholas J. Randall was appointed as Chief Operating Officer at FreightCar America, Inc..

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

On May 12, 2023, FreightCar America, Inc. (the “Company”) entered into a letter agreement with Nicholas J. Randall (the “Randall Letter”) pursuant to which Mr. Randall will become the Company’s Chief Operating Officer, effective June 26, 2023 (the “Effective Date”).

View on SEC.gov

FreightCar America, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-023063

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.