Edward R. Hamberger, president and chief executive officer of the Association of American Railroads (AAR), will retire in early 2019, after more than 20 years with the AAR. Hamberger is the longest-tenured head of the 84-year-old organization.
“It has been a privilege to help one of America’s vital industries – freight rail – navigate through a period when the fundamentals of Washington, the economy and our industry have evolved,” stated Hamberger. “From protecting the economic framework that revitalized America’s railroads to clearing the path to developing and deploying new safety technologies, I am extremely proud of the work we have done together over the last two decades, none of which would have been possible without the leadership of our members and the hard work of AAR’s dedicated staff.”
“Railroads will continue to deliver America’s future and I am confident that my successor will position this essential industry to meet the challenges of tomorrow,” Hamberger added. “With safety and investments at all-time highs, AAR’s new leader will play a significant role in advancing a flourishing, transformational industry that drives the nation’s economy.”
Hamberger was called to testify before Congress more than 85 times as the head of the AAR. He successfully worked to maintain a balanced regulatory environment that enables continued record private investment in rail infrastructure. Before joining AAR, Hamberger worked for more than 20 years in executive and legislative capacities, including assistant secretary of governmental affairs at the U.S. Department of Transportation and general counsel at the National Transportation Policy Study Commission.
“Ed Hamberger has been a forceful advocate for freight railroads and will leave behind a powerful legacy in Washington and in the industry,” stated AAR Board of Directors Chair and Chairman, President and CEO of Norfolk Southern Railway Jim Squires. “Ed helped expand and strengthen our industry’s voice on transportation, infrastructure and technology in Washington, and I look forward to the AAR continuing to be a powerful voice.”
Executive search firm Korn Ferry has been retained to lead the search for his successor.