Boca Raton, Fla. – Patriot Rail Corp. (“Patriot”), a short line and regional freight railroad holding company, today announced the promotion of C. Lawrence Rutstein to Vice President Contracts & Administration, and the promotion of Sandra Dahl to Divisional Controller.
Rutstein, who has over 40 years of legal and business experience, joined Patriot in January 2007 as Manager – Special Projects. Prior to joining Patriot, he was involved in a number of public and private ventures in South Florida as a lawyer, executive and entrepreneur. In his new position, Rutstein will be responsible for supervising and administering all corporate and railroad contract matters, including corporate records, litigation, railroad contracts, real estate, easements and leases, railroad regulatory and labor matters, acquisition support and other special projects.
Rutstein began his career in Philadelphia in 1968 as a securities and corporate banking attorney. He served as Assistant Attorney General and Chief Counsel to the Pennsylvania Department of Banking in 1971-72. In 1982, Rutstein founded and was the Managing Partner of Bluestein, Rutstein & Mirarchi, a Philadelphia-based corporate law firm with over 100 attorneys and support personnel. He later formed an investment partnership to purchase a Class AA baseball team and served as its Executive Vice President. From 1995 through 2006, Rutstein acted as a consultant to a number of private and public businesses and served as an executive or member of the board of directors for several of these companies. Rutstein earned his undergraduate degree from the University of Massachusetts and Juris Doctorate from Harvard Law School.
Dahl, based at Patriot’s Utah Central Railway (“UCRY”) in Ogden, Utah, joined UCRY in 2002 with over 20 years of experience in accounting and management positions with various transportation companies. In addition to her primary financial responsibilities at UCRY, she will assist the corporate controller in overseeing daily financial and accounting activities at Patriot’s other existing railroads, as well as the financial integration of newly acquired railroads. Dahl was previously Director of Accounting at UCRY.
Gary O. Marino, Chairman, President & CEO of Patriot Rail, said, “It is my pleasure to announce the promotions of Larry and Sandra. Larry is a veteran when it comes to managing the legal and administrative aspects of business and I am excited about the leadership he will provide. Sandra’s financial and accounting experience has been a major contributor to the success of UCRY over the past six years, and I look forward to her bringing that same success to her new corporate position.”
Patriot Rail Corp. is a short line and regional freight railroad holding company based in Boca Raton, Florida. The Company owns and operates six short line freight railroads comprising 331 total rail miles in eight states – the Tennessee Southern Railroad in Tennessee and Alabama; the Butte, Anaconda & Pacific Railway in Montana; the Utah Central Railway in Utah; the Sacramento Valley Railroad in California; the Louisiana North West Railroad in Louisiana and Arkansas; and the Temple & Central Texas Railway in Texas. For more information on Patriot Rail Corp., contact Wayne August at (561) 443-5300 or visit us at www.patriotrail.com.