Privately owned Western railroad BNSF (NYSE: BRK) will have a new president and CEO in January.
Kathryn M. Farmer will take over the roles currently held by Carl R. Ice, who is retiring at the end of 2020 but will remain on BNSF’s board of directors. Farmer’s first day will be Jan. 1.
BNSF is an asset of Berkshire Hathaway, whose chairman and CEO is Warren Buffett.
Farmer’s tenure at BNSF spans 28 years, and she has most recently served as executive vice president of operations, a position she has...